Based on its recent analysis of the European data management and annotation platform industry, Frost & Sullivan recognizes Dataloop Ltd with the 2021 European Technology Innovation Leadership Award for its advanced data management and annotation platform. The platform helps enterprises accelerate computer vision AI model development by accurately labeling data through automated annotation. Comprising integrated deep learning algorithms with pre-trained data on object tracking, Dataloop’s platform reduces manual labeling to ensure the best output and faster AI model development.
“Dataloop’s platform combines human and machine intelligence to label and categorize images automatically from a pool of unstructured data and provide feedback to data scientists and developers for data validation,” said Mohammed Riyaz Ahmed, senior industry analyst. “It significantly shortens the time for annotation, usually done manually, and offers data scientists comprehensive insights to manage data operations efficiently.”
By improving the data quality fed into the model, the platform allows data teams to conduct data queries simply as per the model production requirement. Its self-supervised deep learning algorithms enable automatic annotation before sending the data to human annotators for validation. Data validation tools embedded in the platform also aid faster communication between data scientists, software developers, and annotators to review and debug issues.
Significantly, Dataloop’s platform easily unites, clones, and divides available data by creating multiple virtual data versions to speed up data operations. It also creates cloud-based automation pipelines that -lower data processing costs. Its data management and annotation delivered through no-code backend software with easy-to-use options for non-technical users give its platform a clear competitive edge. Furthermore, its accurate and pixel-perfect annotations can greatly improve data quality and simplify the labeling process.
“Dataloop’s data management and annotation platform serves various industries such as retail, autonomous vehicles, drones and aerial imagery, agriculture, and robotics,” noted Riyaz. “Its end-to-end solution helps customers transform their business operations and take AI models from development to production faster than the industry standard. Its speed to market and user-friendliness can be leveraged by both small and large enterprises to deliver the best final AI model.”
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies that deliver significant customer value.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.