With the rise of data science and the demand for big data, everyone is seeking new ways to gain access to information that will give them a competitive advantage and improve their decision-making. Web data is one of the most significant sources of untapped data that fundamentally impact your organization.As more businesses extract web data in larger and larger volumes, the web data extraction market has changed significantly over the last decade. As a result of this rapid expansion, several new terms have emerged, such as web scraping, web crawling, web mining, web data harvesting, data extraction, data mining, and so on. As a result of the interchangeability of these terms, there has been considerable confusion in the sector.In this blog, let’s try to gain deeper knowledge about the term “data harvesting” and understand its correct usage application.
What is Web Data Harvesting?
Web data harvesting is the automatic collection of structured web data. The web data is customized to your needs and stored in a secure database or an Excel sheet, which will be used for analysis and insight collection. Web data harvesting involves two processes: crawling and scraping. A web crawler is a bot that crawls the web for URLs; in other words, the crawler’s job is to discover data sources. The web scraper then extracts the necessary data or simply collects the data and stores it in the database based on the chosen format.What are the benefits of Web Data Harvesting?
Data harvesting from the web can provide the following benefits:Provides unique and rich data:
Internet users generate 2.5 quintillion bytes of data per day, making it a unique and rich source of data. Taking that into account, what is the value of 2.5 quintillions of anything? Consider Bill Gates’ estimated fortune and multiply it by 2.5 million to reach close to 2.5 quintillions, which happens every day! It is anticipated that around 37% of this data has the potential for analysis.Helps save time:
Web data harvesting solutions help your coworkers or employees save time that they would otherwise spend manually collecting data. In some cases, a single person or even a group is unable to collect or monitor massive amounts of data. In today’s market, it’s all about timing. Having the appropriate knowledge at the right moment and being the first to act on it is critical to not only surviving but also prospering in the industry.Provides in-depth insights:
The information acquired or data extracted has the ability to open up numerous future business prospects, gain a better understanding of your customer’s needs, and update your company’s current business and marketing strategy.Is Data Harvesting Legal?
Data harvesting from websites is legal, but as with any service, you must follow the rules. Listed below are the following things to keep in mind:- Avoid extracting personally identifiable data; such a project should be done only if legal permission to extract such data is obtained.
- Copyright data, consider if the data you are extracting from a website is copyrighted, as this requires compliance with copyright regulations.
- Registered or logged-in access is granted when a user has accepted the terms and conditions of a website. Read the terms and conditions carefully before signing up or logging in to the website before performing a data extraction.
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