How Avison Young Uses Robots to Predict the Future
Avison Young, a commercial real estate services firm, leveraged the UiPath Business Automation Platform to automate its extensive data cleaning and integration processes. This transformation freed its data scientists from manual tasks, allowing them to focus on high-value analytics and provide deeper insights into client real estate portfolios.
The Business
Avison Young, a commercial real estate services firm, leveraged the UiPath Business Automation Platform to automate its extensive data cleaning and integration processes. This transformation freed its data scientists from manual tasks, allowing them to focus on high-value analytics and provide deeper insights into client real estate portfolios.
Before AI
Data scientists spent up to 80% of their time cleaning and preparing data. Integrating diverse data sets was a labor-intensive task, hindering the creation of comprehensive client insights and real-time analytics.
What Changed
Avison Young implemented the UiPath Business Automation Platform to deploy bots that automate the entire process of pulling, cleaning, and importing diverse data from various sources into their data warehouse (Snowflake). This automation freed data scientists from 'janitorial data' work, allowing them to focus on advanced analysis, algorithms, and data visualization.
The Result
The company reclaimed 60% of time previously spent on 'janitorial data' work, with bots automating administrative tasks equivalent to 125 full-time employees. Data scientists now focus on higher-value data exploration and analytics, leading to enhanced data integration, a 360-degree view of clients, and the ability to provide more comprehensive, data-driven insights and predictive analysis.
Why this matters
Automating Data Prep: Unleashing Data Scientist Potential for Deeper Insights
Many businesses struggle with the 'janitorial' aspect of data management, where valuable data scientists spend the majority of their time cleaning and preparing raw data. This case demonstrates how automation tools can offload this tedious work, allowing highly skilled employees to focus on analysis, innovation, and deriving strategic insights. By streamlining data pipelines, companies can accelerate their ability to leverage data for decision-making and competitive advantage, transforming data from a burden into a powerful asset.
Technology Used
Used for:
Source
Results are reported by the identified source/company and have not necessarily been independently verified by AI YAI YAI.
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