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The Extensive Use of Web Scraping Services in Research

The Extensive Use of Web Scraping Services in Research

In a world where information is being spread at the speed of light through the Internet, it’s becoming incredibly difficult not only to keep track of it all, but also to tell the truthful data from the false one. This is when web scraping services come to the fore to help you and make the situation much easier for you to solve. Web scraping services are especially effective when it comes to research as they help you collect precise and filtered data. But what are web scraping services? What’s the essence of web scraping itself? To answer these questions let’s first have a look at the definition of the term web scraping. Web scraping, also known as data scraping, or web harvesting is the extraction of data from websites, in other words by means of web scraping services or web scraping tools you will be able to import data from a website (websites) into a spreadsheet or a file and have it at hand on your device. Here are a few reasons why web scraping services are considered highly efficient and helpful, and are growing in popularity: Convenient: Web scraping is highly convenient and comes in handy. It will release you from having to copy and paste the information you need from websites in order to have it at hand. Websites don’t let you save a copy of the data they offer and you don’t always have Internet or might not even remember the website name you used. Time-Saving: The process of web scraping is automated which is time-saving. You don’t have to do manual copy and pasting, especially...
Investment Decision Making Enhanced with Data Scraping

Investment Decision Making Enhanced with Data Scraping

A company that is still using old school methods to determine their investment strategies is placing themselves at a great disadvantage considering all the progress that technology has made over the recent years. These new advancements allow for better insight into investment decisions that greatly improve productivity and performance. Older methods for making these decisions have many flaws that result in inaccuracy that hinders a company’s bottom line in the end. Data Scraping Moves You Out of the Stone Age Data gathering methods such as web data scraping, provide capabilities and information access that previously wasn’t available even a decade ago. New technologies, such as web data scraping, provide the ability to gather, aggregate, and analyze unstructured data as well as new types of data that were previously more difficult to acquire and quantify. Among these are  imagery and language. This capability provides businesses with an enhanced capacity to make more informed investment decisions that will benefit their business performance and productivity. Know What You Should Spend and Where You Should Spend it With the increase of available data and the ability to harvest and analyze that data in a speedy manner, companies are provided new methods to define and capitalize on productive investment opportunities. Valuations, market trends, research data, and momentum are able to be better informed now than ever before with the application of big data technologies. Big data provides a significant competitive edge by taking strategic business making decisions beyond conventional means. The ability to strategically analyze that data in a way that provides meaningful and actionable insights is what provides real world, real time value....