Enhancing AI Precision: Data Cleaning, Feature Engineering, and Labeling

Enhancing AI Precision: Data Cleaning, Feature Engineering, and Labeling

Written by

Faisal Mirza, VP of Strategy

Published

August 16, 2023

AI & Machine Learning

Artificial intelligence (AI) has emerged as a transformative force, revolutionizing industries and driving innovation. Behind the scenes of these powerful AI systems lies a series of essential processes that ensure their accuracy, reliability, and effectiveness. In this blog post, we will explore the critical steps of data cleaning and preprocessing, the art of feature engineering, and the pivotal role of data labeling and annotation. Together, these practices form the foundation of accurate AI models, empowering organizations to make informed decisions, uncover meaningful insights, and gain a competitive edge in a rapidly evolving world.

Data Cleaning and Preprocessing: The Foundation of Accurate AI Models

In the pursuit of accurate AI models, data cleaning and preprocessing serve as fundamental building blocks. In this section, we will delve into the significance of data cleaning and preprocessing, the common challenges they address, and the techniques employed to achieve reliable data for AI training.

In the realm of AI, the quality of input data directly influences the accuracy and reliability of AI models. Data in its raw form may contain inconsistencies and imperfections that can lead to erroneous predictions and compromised decision-making. Data cleaning and preprocessing aim to transform raw data into a standardized and usable format, providing AI models with a solid and reliable foundation.

Essential Data Cleaning Techniques

Handling Missing Values

Missing data is a common challenge in datasets, and effectively addressing it is crucial for preserving data integrity. Techniques like mean/median imputation, forward/backward filling, or using predictive models can be employed to replace missing values.

Removing Duplicates

Duplicate entries can distort the analysis and lead to inflated results. Identifying and removing duplicates is a fundamental data cleaning step to ensure unbiased AI models.

Addressing Outliers

Outliers, or data points deviating significantly from the rest, can mislead AI models. Techniques like Z-score or IQR can help identify and handle outliers effectively.

Standardizing Data Formats

Data collected from different sources may be in varying formats. Standardizing the data ensures consistency and simplifies AI model development.

Transforming and Normalizing

By recognizing skewed data distributions and employing suitable transformation approaches or normalization methods, you can ensure uniform representation of data. This enhances the precision and efficiency of analysis and machine learning models.

Handling Inconsistent and Invalid Data

It’s important to identify the dataset entries that deviate from predefined standards. Set explicit criteria or validation measures to rectify these inconsistencies or remove erroneous data points.

Data cleaning and preprocessing offer numerous benefits that significantly impact AI model performance and efficiency. By improving accuracy, saving time and cost, enhancing decision-making, and increasing overall efficiency, these processes lay the groundwork for successful AI implementation.

The Basics of Feature Engineering

Feature engineering involves turning raw data into informative characteristics, enabling AI algorithms to capture complex relationships within the data. The process aims to optimize AI model predictive capabilities, leading to more accurate and robust predictions.

Key Techniques in Feature Engineering

Feature Selection

Identifying the most relevant variables that significantly contribute to the target variable is critical. Techniques like correlation analysis and feature selection algorithms help in making informed decisions about feature inclusion.

Feature Construction

Creating new features by combining or transforming existing ones provides better insights. Feature construction enhances AI model understanding and predictive capabilities.

Data Scaling

Scaling data ensures all features are on the same scale, preventing certain variables from dominating the model.

Dimensionality Reduction

Dimensionality reduction techniques like Principal Component Analysis (PCA) help compress data while preserving most of its variance, resulting in more efficient models.

Well-executed feature engineering leads to improved model performance, increased interpretability, robustness to noise, and better generalization to new data.

The Role of Data Labeling and Annotation

In certain AI applications, particularly supervised learning, data labeling and annotation play a crucial role. Data labeling is the process of manually assigning labels to the input data, providing AI models with a labeled dataset as the ground truth for training. This labeled data enables AI systems to learn from well-defined examples and generalize to new, unseen data.

Applications of Data Labeling and Annotation

Holistic Training & Support

Image Recognition and Computer Vision

Grasping the core segments of the customer base permits banks to align their strategies with the highest growth potential sectors, optimizing the return on investment.

Natural Language Processing (NLP)

Data labeling involves tagging text data with specific labels, aiding AI models in understanding language structure and meaning.

Speech Recognition

Data labeling enables AI systems to transcribe spoken words accurately, enabling seamless voice interactions.

Accurate data labeling results in improved model accuracy, adaptability, reduced bias, and human-in-the-loop AI development.

The Roadmap to AI-Ready Data

Data cleaning and preprocessing, feature engineering, and data labeling and annotation are pivotal processes in building accurate and efficient AI models. Organizations that prioritize these practices will be well-equipped to uncover valuable insights, make data-driven decisions, and harness the full potential of AI for transformative success.

 

To help you navigate the complexities of preparing your data for AI, OneSix has authored a comprehensive roadmap to AI-ready data. Our goal is to empower organizations with the knowledge and strategies needed to modernize their data platforms and tools, ensuring that their data is optimized for AI applications.

 

Read our step-by-step guide for a deep understanding of the initiatives required to develop a modern data strategy that drives business results.

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OneSix helps companies build the strategy, technology and teams they need to unlock the power of their data.

Maximizing AI Value through Effective Data Management and Integration

Maximizing AI Value through Effective Data Management and Integration

Written by

Faizan Hussain, Senior Manager

Published

August 9, 2023

AI & Machine Learning
Data & App Engineering

Artificial Intelligence (AI) has become a game-changer for businesses worldwide, offering unparalleled opportunities to extract value from data and address complex challenges. To fully leverage AI’s potential, organizations must define clear use cases and objectives, assess data availability and quality, and implement effective data collection and integration strategies. In this blog post, we will explore how these crucial components work together to unlock the true power of AI and drive informed decision-making. 

Defining AI Use Cases and Objectives for Maximum Impact

The first step in leveraging AI effectively is to identify the specific business problem or opportunity that you aim to address. Whether it is streamlining operational processes, enhancing customer experiences, optimizing resource allocation, or predicting market trends, it is essential to pinpoint the use case that aligns with your organization’s strategic goals. Defining the use case sets the context for data collection, analysis, and model development, ensuring that efforts are concentrated on the areas that will provide the most significant impact. 

Once the use case is established, the next step is to set clear objectives for the AI project. Objectives outline the desired outcomes and define the metrics that will measure success. They help to focus efforts, guide decision-making, and monitor progress throughout the project lifecycle. Objectives should be specific, measurable, achievable, relevant, and time-bound (SMART), ensuring that they are realistic and attainable within the given constraints.

With the use case and objectives defined, the focus shifts to data preparation. Data is the lifeblood of AI systems, and the quality, relevance, and diversity of data play a critical role in the accuracy and effectiveness of AI models. By aligning data preparation efforts with the AI goals, businesses can ensure that the collected data variables are relevant and comprehensive enough to address the defined use case and objectives.  

Assessing Data Availability and Quality for AI-Readiness

To harness the power of AI effectively, it is essential to identify the data sources that contain the relevant information required to address the AI use case. This involves understanding the nature of the problem or opportunity at hand and determining the types of data that can provide insights and support decision-making. By identifying and accessing the right data sources, organizations can lay the groundwork for meaningful analysis and model development.

Data quality is measured by six key dimensions: accuracy, completeness, consistency, timeliness, validity, and uniqueness.

Data completeness is a critical aspect of data quality. It refers to the extent to which the data captures all the necessary information required for the AI use case. During the assessment, it is important to evaluate whether the available data is comprehensive enough to address the objectives defined earlier. Are there any missing data points or gaps that may hinder accurate analysis? If so, organizations need to consider strategies to fill those gaps, such as data augmentation or seeking additional data sources.

 

The accuracy of data is paramount for reliable AI outcomes. During the assessment, organizations should scrutinize the data for any errors, inconsistencies, or outliers that may compromise the integrity of the analysis. This may involve data profiling, statistical analysis, or comparing data from multiple sources to identify discrepancies. By addressing data accuracy issues early on, organizations can ensure that their AI models are built on a solid foundation of reliable and trustworthy data. 

 

Data reliability pertains to the trustworthiness and consistency of the data sources. It is crucial to evaluate the credibility and provenance of the data to ensure that it aligns with the organization’s standards and requirements. This assessment may involve understanding the data collection methods, data governance practices, and data validation processes employed by the data sources. Evaluating data reliability helps organizations mitigate the risk of basing decisions on flawed or biased data. 

 

Based on the assessment results, organizations may need to undertake data cleansing and preprocessing steps to enhance the quality and usability of the data. Data cleansing involves identifying and resolving issues such as duplicate records, missing values, and inconsistent formatting. Preprocessing steps may include data normalization, feature engineering, and scaling, depending on the specific AI use case. By investing effort in data cleansing and preprocessing, organizations can optimize the performance and accuracy of their AI models.

The Power of Data Collection and Integration

Before embarking on the data collection and integration process, it is crucial to identify the relevant data sources. Once the relevant data sources have been identified, the next step is to collect data from these disparate sources. This process may involve using a combination of techniques such as data extraction, web scraping, or APIs (Application Programming Interfaces) to gather the required data. It is important to ensure the collected data is accurate, consistent, and adheres to any relevant data privacy regulations.

Data integration is the process of combining data from different sources into a unified repository or data warehouse. By consolidating data into a single location, organizations can eliminate data silos that often hinder comprehensive analysis. Siloed data is scattered across different systems or departments, making it difficult to gain a holistic view of the organization’s operations. Data integration allows for a holistic approach to data analysis, enabling cross-functional insights and fostering collaboration among teams. Data integration offers numerous benefits, including: 

Comprehensive analysis

Leveraging integrated data for deeper insights and decision-making

Enhanced data quality

Ensuring reliable and trustworthy data through integration

Real-time insights

Responding quickly to market trends and opportunities with timely data

Streamlined reporting

Automating reporting processes for efficient information dissemination

Data Governance for Ethical Data Handling

While data collection and integration offer numerous benefits, there are challenges that organizations must address: 

Data Governance

Establishing data governance policies and procedures is crucial to ensure data privacy, security, and compliance. Organizations need to define roles, responsibilities, and access controls to protect sensitive data and ensure ethical data handling practices. 

Data Compatibility

Data collected from various sources may have different formats, structures, or standards. Ensuring compatibility and standardization during the integration process is essential to maintain data integrity and facilitate seamless analysis.

Scalability

As data volumes grow, organizations need to ensure their data integration processes can handle increasing data loads efficiently. Scalable infrastructure and data integration technologies are necessary to support the expanding needs of the organization. 

The Roadmap to AI-Ready Data

Defining AI use cases, assessing data quality, and embracing integration are essential pillars of successful AI implementation. Organizations that strategically combine these aspects can unlock the true potential of AI, making informed decisions, identifying opportunities, and gaining a competitive edge in the data-driven era. 

 

To help you navigate the complexities of preparing your data for AI, OneSix has authored a comprehensive roadmap to AI-ready data. Our goal is to empower organizations with the knowledge and strategies needed to modernize their data platforms and tools, ensuring that their data is optimized for AI applications. 

 

Read our step-by-step guide for a deep understanding of the initiatives required to develop a modern data strategy that drives business results.

Get Started

OneSix is here to help your organization build the strategy, technology, and teams you need to unlock the power of your data.

The Future of Snowflake: Data-Native Apps, LLMs, AI, and more

The Future of Snowflake: Data-Native Apps, LLMs, AI, and more

Written by

Ajit Monteiro, CTO & Co-Founder

Published

June 27, 2023

AI & Machine Learning
Data & App Engineering
Snowflake

OneSix is excited to be attending the world’s largest data, apps, and AI conference: Snowflake Summit. The opening keynote had a lot of exciting announcements for the world of data, and continued strategy of rolling out AI and Data-Native App capabilities to their platform . Below are some of the things we found most interesting:

A more complete Data-Native Apps Stack with Container Services

Streamlit and Snowpark have been available for a while now. However, the addition of Snowpark Container Services helps us fully realize Snowflake’s Data Native Apps goals.

Continuing their vision of moving all your company’s data into Snowflake as a governed secure environment, you can now use it in a more cloud platform centric way. Snowpark Container Services allows you to run Docker containers which can then be called by Snowpark; you now have a UI solution (Streamlit), a data-native coding solution (Snowpark) and a way to run legacy applications (Snowpark Container Services) in the Snowflake cloud. You can then easily distribute and monetize these apps through their marketplace.

Use Case Example: A client of ours wanted to use Python OCR services that leverage Tesseract. In the past this was difficult to do since you cannot install Tesseract in Snowpark, Snowpark Container Services will allow us to install Tesseract in a container, and use a wrapper Python library like Pytesseract in Snowpark to leverage it.

Large Language Models and Document AI

It seems like everyone has been talking about large language models (LLMs) lately, and it’s not surprising that Snowflake had some big announcements around it. It was interesting to learn about Snowflake’s partnership with Nvidia to power their Container Services, as well as their first party LLM service.

They also released a feature called Document AI that allows you to train their large language model with your documents and then ask questions against them. This UI based approach allows you to modify the model’s answers to your questions about the document. Those modifications feed back into the LLM, training it to work better on your company’s data.

Streamlit becoming a more robust app UI platform

Streamlit has been historically marketed as a ML focused UI tool. However new features are making it a more viable platform for hosting general apps on Snowflake. A notable feature that have been released this year are editable data frames, including copying and pasting from Excel, which will allow you to manage and cleanse data more effectively. Snowflake is also close to enabling you to host Streamlit in Snowflake, under the Data Native App Framework, furthering their one data cloud goals.

Streaming + Dynamic Tables

Snowflake announced the debut of Dynamic Tables, now available in public preview. Dynamic Tables allow users to perform transformations on real-time streaming data, for example via the Snowflake Kafka Connector, which is near general availability. Dynamic Table transformations are defined with a SELECT statement, allowing for flexible transformation logic that is applied directly after the streaming data lands in Snowflake. It’s as simple as defining a view definition, but with the cost efficiency of a table, all with real-time streaming data.

As a Snowflake Premier Partner, OneSix helps companies build the strategy, technology, and teams they need to unlock the power of their data. Reach out to learn more about Snowflake’s latest innovations and how we can help you get the most out of your investment.

Narrate IQ: Delivering AI-Fueled Data Insights through Slack

Narrate IQ: Delivering AI-Fueled Data Insights through Slack

Published

April 14, 2023

AI & Machine Learning
Snowflake

Traditionally, companies use dashboards and reporting-based visualization tools to analyze their data. These visualizations are prebuilt by developers and require technical resources to maintain and update. But executives and business users don’t always know what questions they will have about their data, and the reality is that decision-makers don’t have time to explore a dashboard. We believe the next evolution of data analytics is building a data architecture that can quickly leverage the latest artificial intelligence (AI) advancements for fast, on-demand analysis. That’s where the power of augmented analytics comes in.

Introducing Narrate IQ: Transform your dashboards into a narrative

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“It’s like having a conversation with your analytics team—right there in Slack.”

Narrate IQ is a powerful set of tools that sits on top of Snowflake and makes the data work for you. Now executives can get more out of their data, gain valuable insights, and make more informed decisions. It’s just one of the ways that OneSix is helping companies build their Modern Data Org by combining modern data tools with the latest advancements in AI. 

Role-specific use cases: How does it work for your team?

Narrate IQ can generate role-specific daily data summaries that answer these questions and send them to you in the tool of your choice, like Slack. Then, with our ChatGPT integration using Azure’s OpenAI Service, users can ask follow-up questions about their data and receive answers without opening a BI tool. Here are some role-specific example questions: 

Marketing

How is the recent campaign doing?
How is my Google Ads spend affecting web traffic?
What are my trending SEO keywords?

Sales

Which regions are performing well/poorly?
Who was my top sales rep last month?
What is my leading product so far this year?

Finance

How is revenue trending relative to last year?
How is my AR trending month over month?
Which department had the largest increase in expenses last month?

Human Resources

How is my staffing utilization looking last month compared to this month?
Is my recruiting pipeline growing compared to last year?

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OneSix helps companies build the strategy, technology and teams they need to unlock the power of their data.