Time Series Data Labeling
Labeling time series data involves getting experts who can annotate and label time series data in a proper fashion and assign relevant labels to time-series data points. It helps machines in gaining a better understanding of the data.
We have a robust human-in-the-loop time series data labeling services. This enables us to handly any type of time series dataset.
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Our time series data labeling services enable ease and accuracy for identification of patterns, trends, and correlations in large amounts of data. To shed more light into patterns or trends, time series labeling tools are used for labeling data points like sales figures, customer transactions, and stock prices.
Time Series Data Labeling Process
There are three critical steps invovled in time series data labeling. These include tracking, monitoring, and analyzing.
Tracking
Time series data labeling can be used to track inflation rates where labels are assigned to each point in time like each month or year’s inflation rate. Besides tracking information on inflation, it can also provide consumer prices, unemployment rates, and other economic indicators. Economists and businesses can analyze the data to determine the economy’s current state and decide how to invest or plan for the future.
Monitoring
Monitoring upcoming weather patterns and trends, potential weather-related hazards, or other factors that may affect a specific area is possible with time series data annotation and labeling. A label for each weather condition, such as “sunny”, “rain”, “snow”, and “hail” depending on the weather forecast allows outdoor sports activities and business events to be planned accordingly.
Analyzing
Time series labeling of data can provide insight into data patterns for predicting future values. Different types of sales figures can be classified using time series classification which include seasonal peaks and lulls, or outliers. Additionally, labeling can be used to detect trends or seasonalities in a series. Business managers can gain a better understanding of their sales figures by analyzing labeled time series data.
Use Cases for Time Series Data Labeling
A predictive analytics tool based on appropriately labeled time series datasets can help identify patterns in the data like seasonality, trends, and outliers. The common use cases include; medical diagnosis, customer segmentation, stock market analysis, and fraud detection.
Medical Industry
With Time Series Data Labeling, say goodbye to long manual data entries and analysis. Use AI to collect, read, and interpret data like heart rates, pressure points, and nerves.
Finance Industry for Stock Analysis
Analyzing a large pool of data to predict the most certain numbers, time, or stock company becomes convenient with Time Series Data Labeling.
Retail Business Predictions
Reading previous years’ timely data helps predict retail components that will give maximum profit in a certain period of time.
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Enjoy efficient and reliable services with Cogito as your preferred time series data labeling services partner.
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Our prices can be customized as per the specific services our clients wish to avail. We offer flexible pricing and a pay-as-you-avail pricing model.
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