You can now call our Company/Organization Name Matching API using our "AI-Plus" model with the name of a company or an organization as a parameter for all worldwide data. A call to this Cloud API results in our AI models generating a hashed, canonical key string based on the name of the organization/company. The key is the same for all variations of the company/organization name. This key can be used to find similar records in the same dataset (simply sort the data by generated similarity key, like the matched similarity key clusters below). It can also be used to match data across datasets to get much higher match rates, such as in a data augmentation process.
Sample API/URL Query: |
---|
https://api.interzoid.com/getcompanymatchadvanced?license=fh5hs7*****&company=ibm&algorithm=ai-plus |
Sample JSON Output: |
---|
{"SimKey":"edplDLsBWcH9Sa7ZECaJx8KiEl5","Code":"Success","Credits":50004} |
Curl Example: |
---|
curl --header "x-api-key: fh5hs7*****" "https://api.interzoid.com/getcompanymatchadvanced?company=ibm&algorithm=ai-plus" |
Here are some example matching records that in this example have been matched/clustered because they share the same generated similarity key:
Using Interzoid's Cloud-native, AI-powered data quality and data matching capabilities, you can maintain accurate, standardized, and normalized company and organization name data, unlocking data-accelerated opportunities and driving significant business value from each of your high quality strategic data assets.
Try it out here.
Having inconsistent company or organization name data present within your important data assets can lead to several problems in data-driven applications, processes and initiatives. Here are some examples.
When the same company or organization is collected and stored under multiple variations of its name, it leads to duplicate records of the same entity within organizational data assets. Inconsistent company names will skew analytics, reports, and dashboards, leading to incorrect insights and potentially flawed decision-making. For example, if a company's sales are split across multiple name variations, the true total sales figure may be underreported, causing lost opportunities for targeted marketing or resource allocation.
Inconsistent naming conventions make it challenging to integrate data from different sources or systems. This can lead to time-consuming manual data cleansing and reconciliation efforts, increasing labor costs and delaying analysis and decision-making processes.
When customer data is fragmented due to inconsistent corporate name data, it becomes difficult to gain a comprehensive view of a customer's interactions and history with your organization. This can result in missed opportunities for cross-selling, upselling, or providing personalized services, ultimately impacting customer satisfaction and revenue growth.
In some industries, inconsistent company name data can lead to compliance and regulatory problems. For example, in financial services, failing to accurately identify and aggregate data related to a single entity may result in non-compliance with anti-money laundering (AML) or know-your-customer (KYC) regulations, leading to potential fines and reputational damage.
Inconsistent company names can cause operational inefficiencies in various business processes, such as invoicing, contract management, and vendor relations. These issues can lead to increased manual work, errors, and delays, resulting in higher operational costs, vendor overpayments, and potential missed opportunities for early payment discounts or favorable contract terms.