Are You Automating Fast Enough!

Data is the new fuel for driving the Digital revolution. Data generation and annotation is a key factor in determining the adoption rate of intelligent systems such as autonomous vehicles, smart appliances, virtual asssistants, and so on. Smart annotations enable faster development of autonomous & intelligent systems by enhancing the value of data & training. For example, autonomous systems have to demonstrate 80 percent decision accuracies with ensuring that the systems are safer than human actors.

In case of automotive, achieving a fully autonomous vehicle would require about 300,000 to 100 million miles of real-world driving tests. Industries are looking at various automated workflows and solutions which reduce this time considerably such as real world simulations and virtual simulations. However, these also require a huge amount of data to be reliable.

As per reports, autonomous navigation market size is expected to reach USD 13.5 billion by 2030. Annotation solutions for improving data by adding attributes or labeling it are fueling the realization of these solutions with technologies like AI, machine learning, data analytics, and data management standards. This, in turn, gives the ability to combine scenarios, increase understanding, and help make real-time decisions possible