Many businesses today outsource from third-party companies to do a specific task, handle some operations, and provide services for their clients. Outsourcing is not new; in fact, in the year 2019, the global outsourcing market approximately amounted to 92.5 billion US dollars with North America as the leading market for outsourcing.
Outsourcing brings many opportunities and benefits for your business. Let’s take data collection as an example. Outsourcing your data collection needs to another company is an easier step than hiring a new team to add to your payroll. Outsourcing data collection services for cloud-based platforms such as artificial intelligence, speech recognition, and machine learning is a wise and smart way to keep up with competitors as well as a solution to cut costs on operations and improve workload efficiency. Let’s delve further into the benefits of outsourcing your next data collection project, specifically multilingual audio and speech data collection.
Benefits of Outsourcing Multilingual Audio and Speech Data Collection
In today’s modern era, it’s no surprise that many companies venture into artificial intelligence (AI) to keep up with how well the world is becoming more technology-centric. Artificial intelligence is reshaping human life by making it more convenient and innovative. AI paved the way for speech recognition, face recognition, and many more machine learning technologies. With artificial intelligence on the rise, some businesses began to outsource data from third-party companies for data collection services such as audio and speech data collection. Outsourcing data collection services bring a number of benefits to your business. The two topmost benefits are reducing cost and improving workload efficiency.
Reducing Cost in Operations
The pandemic greatly reshaped the worldwide economy. It led to business owners focusing on cost-reduction as a priority to limit the effects of the global recession on their business. With this, business owners have opted to outsource their other services and need to third-party companies such as CCCI. Outsourcing services from third-party companies are cheaper than hiring a new team or employee. The cost will be based on the services and time required by the outsourced work. At CCCI, we can help you customize your audio and speech data collection needs at a reasonable price. We make sure that you will get quality audio datasets without harming your budget.
Improving Workload Efficiency
Outsourcing not only helps in cost reduction but also helps in improving a business’ workload efficiency. By outsourcing, small and large business owners gain plenty of time to focus on other aspects of their business operations like more vital tasks in their companies. Their staff would also be able to focus more on their more relevant tasks at hand than multitasking too many tasks at once. This allows a company to remain intact and competitive despite the pandemic. The pandemic brought massive changes to business systems. Worldwide, a lot of employees were retrenched. Business owners used outsourcing to adapt to the worldwide economic recess. With outsourcing, they helped their people remain in their operations as well as gave opportunities to the ones who lost their jobs.
Why Audio and Data Collection Service is the Next Big Thing to Outsource
Technology is constantly evolving day by day as digital solutions based on artificial intelligence become more in demand and cloud-based technology and robotic process automation (RPA) also become more significant. Text, audio, and video are acquired by companies whose goals are to improve their artificial intelligence software, specifically speech recognition. Businesses outsource their audio dataset and speech datasets from third-party companies to collect these data for them.
Outsourcing speech datasets for speech recognition is more convenient and cheaper for your business. As a business owner, you won’t need to hire a number of people anymore to record multilingual speech data for artificial intelligence. Instead, you can simply outsource a company that provides audio and speech data collection services. At CCCI, our team of language experts can surely do the job for you.