Data Enrichment—Machine Learning and AI Use Explained

Author
Authors
Clay Team
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Date
Sep 6, 2024

AI has revolutionized many business processes—including generating qualified leads and gathering information for personalized outreach. Data enrichment machine-learning algorithms are now being used to improve the efficiency and accuracy of enrichment tasks, saving sales and marketing teams considerable time.

We’ve followed the rise of AI from the start and have implemented several related technologies, so in this guide, we’ll share some of our key knowledge on the matter. Here’s what you’ll learn:

  • How machine learning and other technologies are improving data enrichment
  • Why you should leverage AI-powered solutions in your workflow
  • How to implement AI enrichment efficiently

How Machine Learning Works (And How It Streamlines Data Enrichment)

Machine learning lets an AI model learn from a provided dataset and apply this knowledge to future tasks. It’s an iterative process where a model gains experience that fine-tunes its capabilities to ensure improved accuracy and efficiency. 🧠

This process can take two forms:

  1. Supervised learning
  2. Unsupervised learning

The following table explains both techniques:

Technique How It Works
Supervised learning The model is trained to predict an outcome using both input and output data
Unsupervised learning The model is only given input data and has to find structures and patterns within it

Regardless of the technique, machine learning can benefit data enrichment in many ways. For example, a model can be trained to normalize and cleanse collected data automatically, which can be a huge time-saver because your team doesn’t need to do it manually.

Machine learning is particularly useful in conversation-based data enrichment solutions. It lets your platform remember your previous input and questions to get context for future prompts. This means that the more you use the tool, the more accurate it becomes without the need for extensive input.

Additional Technologies Powering AI Data Enrichment

Besides machine learning, there are two notable technologies you should know about:

  1. Natural language processing (NLP)
  2. Predictive analytics

Below, we’ll explain both concepts in greater detail to show you how they contribute to efficient AI enrichment.

Natural Language Processing (NLP)

NLP lets AI models interpret and comprehend human language so that they can perform different tasks based on the provided input. If you’ve ever used ChatGPT or a voice assistant (which you most likely have), you’ve encountered NLP. 🗣️

AI data enrichment services wouldn’t be possible without NLP. Whether you enter a textual prompt or provide any specific data as input, your AI solution needs NLP to understand it and act accordingly. Some of the key tasks where NLP is essential include the following:

  • Data visualization
  • Extraction of specific data points from large datasets
  • Advanced database search that goes beyond simple keyword matches

Whichever AI enrichment tool you choose, it will leverage NLP to provide the necessary data and help complete other tasks like data organization. More advanced tools combine NLP with generative models, which enhances their functionality and lets them perform more complicated tasks like summarizing research and creating content like personalized cold emails you can send to prospects. 📧

Predictive Analytics

Predictive analytics involves using modeling techniques and statistics to predict future outcomes. It can be useful for many tasks, most notably:

  • Market research
  • Trend analysis
  • Customer sentiment analysis

Data enrichment has a symbiotic relationship with predictive analytics as it requires abundant data to ensure accuracy. Predictive analytics supplies various data points your teams can use to fine-tune their GTM campaigns. With this in mind, solid data is both the prerequisite and outcome of predictive analytics.

Unlike NLP, predictive analytics isn’t necessary for comprehensive data enrichment, but it can be highly beneficial if you’re looking to stay on top of the ever-changing market.

Benefits of Leveraging AI-Powered Data Enrichment Tools

If your data enrichment process is largely manual, switching to an AI-powered solution should be a no-brainer. Even if you’ve automated the process to an extent, adding AI to the mix can be beneficial for many reasons, most notably:

  • ⚡ Increased efficiency—While basic enrichment automation is a step in the right direction, taking advantage of AI further streamlines your workflow and frees up more time for sales reps to do high-impact work. AI tools often go beyond data enrichment to handle various tasks throughout the sales cycle, releasing a significant amount of pressure from your workflow
  • 💰 Cost savings—Besides the indirect cost savings as a result of efficiency, AI-powered tools can directly help you cut expenses by minimizing the amount of resources necessary for data enrichment. Many options are also quite budget-friendly, which further helps your bottom line
  • 🎯 Better data accuracy—While AI solutions still aren’t perfect, they drastically reduce the chances of human error and similar issues that can affect data quality and accuracy
  • 🥇 Competitive advantage—Proactive businesses are already leveraging AI across their functions, and those who use it for data enrichment often have a better understanding of their target market and can make decisions more confidently
  • 📈 Scalability and growth—Thanks to low resource requirements and their ability to process large datasets quickly, AI-powered data enrichment tools enable more effortless business growth with lower investments

How To Use AI in Your Data Enrichment Workflow

The easiest way to harness AI is to opt for a data enrichment tool that comes equipped with it. There are various options on the market, but not all of them can give you these benefits.

To choose the right AI platform, focus on the following criteria:

  • Preferred use cases—Think about which data you need and what for (market research, contact enrichment, competitive analysis). Many platforms specialize in a specific type of data, so this consideration immediately narrows down your options 
  • Your budget and team size—Some AI enrichment companies charge a hefty price and/or bill per user. Luckily, you can find budget-friendly options, so shop around to find an option that won’t break the bank
  • Feature availability—As mentioned, data enrichment platforms can simplify many related tasks. Look for an option that offers the best value for money by letting you automate your workflow as much as possible
  • Integrations—You should assess your current tech stack to see if your preferred platform can integrate with it seamlessly. Doing so lets you collect, organize, and transfer data without bottlenecks

If you’re looking for a data enrichment platform that fully explores the potential of AI and comes with lots of useful features at an affordable cost, Clay is an excellent option. 📌

Clay—Effortless, AI-Enabled Data Enrichment

Clay combines various features into a comprehensive sales automation and data enrichment platform—including advanced AI enrichment with Claygent. It’s a robust AI assistant powered by ChatGPT that can scour any corner of the web to find the data you’re looking for. 🤖

Whether you want to enrich people or company data, all you have to do is ask Claygent for the information you need. For example, you can ask the following questions:

  • Who are the investors of this company?
  • Who is the hiring manager for this position?
  • Has this person appeared in any podcasts?

Claygent works through simple prompts, and you can use dozens of templates to streamline your enrichment efforts and automate tasks at scale. Thanks to its ability to browse virtually any website, you can find all the data points you need to launch successful outreach campaigns. 📈

Want to see Claygent in action? Check out this quick tutorial:

Beyond AI Enrichment—How Clay Ensures Ultimate Data Coverage

If you need more data enrichment options besides Claygent, we’ve got you covered. Clay integrates with over 75 data providers, which you can browse without creating separate accounts or leaving the platform at any point.

All you need to do is:

  1. Select the input data
  2. Choose the providers you wish to browse

Clay will take it from there and use waterfall enrichment to scour data sources one by one until it finds the data you’re looking for. You can find anything from emails and phone numbers to firmographics.

Alternatively, you can use Clay’s Chrome extension to extract data points directly from the pages you’re browsing. Let the extension’s pre-built recipes select the relevant data, and you can extract it in one click. The extension also lets you build custom recipes to accommodate specific data needs. 🧾

Whichever way you approach enrichment with Clay, you can:

Better yet, you can leverage Clay’s AI Email Builder to write hyper-personalized emails in a single click, which you can then push to your sequencer and start your campaign in no time.

Maximize Your ROI With Clay’s Flexible Pricing

Clay offers a robust free plan that lets you use the platform’s core features without time limits. It’s best suited for those starting out with data enrichment and exploring Clay’s features first-hand. As your data needs grow, you can opt for one of the following four paid tiers:

  1. Starter—$149/month
  2. Explorer—$349/month
  3. Pro—$800/month
  4. Enterprise—Custom

With each plan, you can choose the number of credits you want, which ensures you won’t waste money or overpay for Clay’s features. 

So far, thousands of teams have achieved outstanding success with Clay. Don’t take our word for it—here’s only one example:

Source: Clay Wall of Love

Find Every Data Point You Need With Clay

If you’re ready to step into the new era of data enrichment with Clay’s AI features and other useful functionalities, you can create an account in three quick steps:

  1. Visit the signup page 👈
  2. Enter your name, email, and password
  3. Explore Clay’s features

Feel free to visit Clay University for more product walkthroughs and tutorials. To see how others are leveraging the platform, you can also join Clay’s Slack community. If you want to receive useful updates and tips for tightening your outbound campaigns, sign up for Clay’s newsletter.

💡 Keep reading: Want to unlock more secrets of successful data enrichment? Check out these articles:

AI has revolutionized many business processes—including generating qualified leads and gathering information for personalized outreach. Data enrichment machine-learning algorithms are now being used to improve the efficiency and accuracy of enrichment tasks, saving sales and marketing teams considerable time.

We’ve followed the rise of AI from the start and have implemented several related technologies, so in this guide, we’ll share some of our key knowledge on the matter. Here’s what you’ll learn:

  • How machine learning and other technologies are improving data enrichment
  • Why you should leverage AI-powered solutions in your workflow
  • How to implement AI enrichment efficiently

How Machine Learning Works (And How It Streamlines Data Enrichment)

Machine learning lets an AI model learn from a provided dataset and apply this knowledge to future tasks. It’s an iterative process where a model gains experience that fine-tunes its capabilities to ensure improved accuracy and efficiency. 🧠

This process can take two forms:

  1. Supervised learning
  2. Unsupervised learning

The following table explains both techniques:

Technique How It Works
Supervised learning The model is trained to predict an outcome using both input and output data
Unsupervised learning The model is only given input data and has to find structures and patterns within it

Regardless of the technique, machine learning can benefit data enrichment in many ways. For example, a model can be trained to normalize and cleanse collected data automatically, which can be a huge time-saver because your team doesn’t need to do it manually.

Machine learning is particularly useful in conversation-based data enrichment solutions. It lets your platform remember your previous input and questions to get context for future prompts. This means that the more you use the tool, the more accurate it becomes without the need for extensive input.

Additional Technologies Powering AI Data Enrichment

Besides machine learning, there are two notable technologies you should know about:

  1. Natural language processing (NLP)
  2. Predictive analytics

Below, we’ll explain both concepts in greater detail to show you how they contribute to efficient AI enrichment.

Natural Language Processing (NLP)

NLP lets AI models interpret and comprehend human language so that they can perform different tasks based on the provided input. If you’ve ever used ChatGPT or a voice assistant (which you most likely have), you’ve encountered NLP. 🗣️

AI data enrichment services wouldn’t be possible without NLP. Whether you enter a textual prompt or provide any specific data as input, your AI solution needs NLP to understand it and act accordingly. Some of the key tasks where NLP is essential include the following:

  • Data visualization
  • Extraction of specific data points from large datasets
  • Advanced database search that goes beyond simple keyword matches

Whichever AI enrichment tool you choose, it will leverage NLP to provide the necessary data and help complete other tasks like data organization. More advanced tools combine NLP with generative models, which enhances their functionality and lets them perform more complicated tasks like summarizing research and creating content like personalized cold emails you can send to prospects. 📧

Predictive Analytics

Predictive analytics involves using modeling techniques and statistics to predict future outcomes. It can be useful for many tasks, most notably:

  • Market research
  • Trend analysis
  • Customer sentiment analysis

Data enrichment has a symbiotic relationship with predictive analytics as it requires abundant data to ensure accuracy. Predictive analytics supplies various data points your teams can use to fine-tune their GTM campaigns. With this in mind, solid data is both the prerequisite and outcome of predictive analytics.

Unlike NLP, predictive analytics isn’t necessary for comprehensive data enrichment, but it can be highly beneficial if you’re looking to stay on top of the ever-changing market.

Benefits of Leveraging AI-Powered Data Enrichment Tools

If your data enrichment process is largely manual, switching to an AI-powered solution should be a no-brainer. Even if you’ve automated the process to an extent, adding AI to the mix can be beneficial for many reasons, most notably:

  • ⚡ Increased efficiency—While basic enrichment automation is a step in the right direction, taking advantage of AI further streamlines your workflow and frees up more time for sales reps to do high-impact work. AI tools often go beyond data enrichment to handle various tasks throughout the sales cycle, releasing a significant amount of pressure from your workflow
  • 💰 Cost savings—Besides the indirect cost savings as a result of efficiency, AI-powered tools can directly help you cut expenses by minimizing the amount of resources necessary for data enrichment. Many options are also quite budget-friendly, which further helps your bottom line
  • 🎯 Better data accuracy—While AI solutions still aren’t perfect, they drastically reduce the chances of human error and similar issues that can affect data quality and accuracy
  • 🥇 Competitive advantage—Proactive businesses are already leveraging AI across their functions, and those who use it for data enrichment often have a better understanding of their target market and can make decisions more confidently
  • 📈 Scalability and growth—Thanks to low resource requirements and their ability to process large datasets quickly, AI-powered data enrichment tools enable more effortless business growth with lower investments

How To Use AI in Your Data Enrichment Workflow

The easiest way to harness AI is to opt for a data enrichment tool that comes equipped with it. There are various options on the market, but not all of them can give you these benefits.

To choose the right AI platform, focus on the following criteria:

  • Preferred use cases—Think about which data you need and what for (market research, contact enrichment, competitive analysis). Many platforms specialize in a specific type of data, so this consideration immediately narrows down your options 
  • Your budget and team size—Some AI enrichment companies charge a hefty price and/or bill per user. Luckily, you can find budget-friendly options, so shop around to find an option that won’t break the bank
  • Feature availability—As mentioned, data enrichment platforms can simplify many related tasks. Look for an option that offers the best value for money by letting you automate your workflow as much as possible
  • Integrations—You should assess your current tech stack to see if your preferred platform can integrate with it seamlessly. Doing so lets you collect, organize, and transfer data without bottlenecks

If you’re looking for a data enrichment platform that fully explores the potential of AI and comes with lots of useful features at an affordable cost, Clay is an excellent option. 📌

Clay—Effortless, AI-Enabled Data Enrichment

Clay combines various features into a comprehensive sales automation and data enrichment platform—including advanced AI enrichment with Claygent. It’s a robust AI assistant powered by ChatGPT that can scour any corner of the web to find the data you’re looking for. 🤖

Whether you want to enrich people or company data, all you have to do is ask Claygent for the information you need. For example, you can ask the following questions:

  • Who are the investors of this company?
  • Who is the hiring manager for this position?
  • Has this person appeared in any podcasts?

Claygent works through simple prompts, and you can use dozens of templates to streamline your enrichment efforts and automate tasks at scale. Thanks to its ability to browse virtually any website, you can find all the data points you need to launch successful outreach campaigns. 📈

Want to see Claygent in action? Check out this quick tutorial:

Beyond AI Enrichment—How Clay Ensures Ultimate Data Coverage

If you need more data enrichment options besides Claygent, we’ve got you covered. Clay integrates with over 75 data providers, which you can browse without creating separate accounts or leaving the platform at any point.

All you need to do is:

  1. Select the input data
  2. Choose the providers you wish to browse

Clay will take it from there and use waterfall enrichment to scour data sources one by one until it finds the data you’re looking for. You can find anything from emails and phone numbers to firmographics.

Alternatively, you can use Clay’s Chrome extension to extract data points directly from the pages you’re browsing. Let the extension’s pre-built recipes select the relevant data, and you can extract it in one click. The extension also lets you build custom recipes to accommodate specific data needs. 🧾

Whichever way you approach enrichment with Clay, you can:

Better yet, you can leverage Clay’s AI Email Builder to write hyper-personalized emails in a single click, which you can then push to your sequencer and start your campaign in no time.

Maximize Your ROI With Clay’s Flexible Pricing

Clay offers a robust free plan that lets you use the platform’s core features without time limits. It’s best suited for those starting out with data enrichment and exploring Clay’s features first-hand. As your data needs grow, you can opt for one of the following four paid tiers:

  1. Starter—$149/month
  2. Explorer—$349/month
  3. Pro—$800/month
  4. Enterprise—Custom

With each plan, you can choose the number of credits you want, which ensures you won’t waste money or overpay for Clay’s features. 

So far, thousands of teams have achieved outstanding success with Clay. Don’t take our word for it—here’s only one example:

Source: Clay Wall of Love

Find Every Data Point You Need With Clay

If you’re ready to step into the new era of data enrichment with Clay’s AI features and other useful functionalities, you can create an account in three quick steps:

  1. Visit the signup page 👈
  2. Enter your name, email, and password
  3. Explore Clay’s features

Feel free to visit Clay University for more product walkthroughs and tutorials. To see how others are leveraging the platform, you can also join Clay’s Slack community. If you want to receive useful updates and tips for tightening your outbound campaigns, sign up for Clay’s newsletter.

💡 Keep reading: Want to unlock more secrets of successful data enrichment? Check out these articles:

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