On January 18, 2023, CloudFactory, a leading human-in-the-loop AI solutions provider, announced the launch of Accelerated Annotation, a Vision AI product that combines CloudFactory's best-in-class workforce with industry-leading AI-assisted labeling technology to produce high-quality labeled data 5x quicker than manual labeling.
AI innovation and competitiveness are accelerating, necessitating greater efficiency and scalability in data labeling process Accelerated Annotation offers a balanced approach to annotation quality and speed by incorporating a managed workforce operation with an AI-assisted labeling model.
The AI-assisted labeling features of Accelerated Annotation are designed to maximize efficiency. As a result, early adopters of the Accelerated Annotation products saw a considerable increase in efficiency and quality while labeling. Currently, the product supports the most prevalent annotation types for 2-D picture annotation use cases.
CloudFactory, Chief Technology Officer, Pieter Nel stated, "Some companies excel at workforce solutions, while others excel at tooling. CloudFactory's new product strategically combines them into a single best-in-class offering," He further added, "We're filling a gap for companies that want to increase their labeling efficiency and scale while improving quality. This is all made possible by using an adaptive labeling model that's continuously trained by your data rather than one that's off-the-shelf."
(Source – Business Wire)
The release of Accelerated Annotation bolsters CloudFactory's position as a leader in enabling data-centric tactics across the AI development lifecycle.
About CloudFactory
Founded in 2010, CloudFactory is a global leader in integrating people and technology to support the AI development lifecycle. AI leaders at 700+ organizations, including Mitsubishi, Nearmap, Ibotta, Expensify, and Matterport, trust its human-in-the-loop AI solutions powered by more than 7,000 highly qualified and managed data analysts. With operations on four continents, CloudFactory’s mission is to ensure everyone has access to a cloud-based, on-demand workforce. In addition, it strives to generate economic and leadership opportunities for talented people in developing countries.