Magic Data Tech Announced Launch Of Annotator 5.0, An AI-Assisted Data Annotation Platform

Magic-Data-Tech-announced-Launch-of-Annotator-5.0,-An-AI-Assisted-Data-Annotation-Platform

Annotator 5.0, an independently developed data annotation system, was officially launched by Magic Data Tech at World Artificial Intelligence Conference (WAIC) 2021, a global gathering and exchange of AI innovation ideas, technologies, and applications, in Shanghai.

Along with the rise of artificial intelligence (AI), demand for high-quality AI data grows day by day. According to iResearch Inc, a Chinese consultancy, the Chinese market size of AI data services is estimated to reach $1.5 billion by 2025, with an average annualised rate of 21.8 per cent.

Optimally positioned to meet with this trend and better accommodate the changing markets, Magic Data Tech, a leading AI data services provider, independently develops an intelligent data annotation platform – Annotator® 5.0.

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Features of Annotator 5.0 include:

  • Multi-model annotation – different types of data like voice and image can be annotated simultaneously.
  • Use-defined work process – annotation tasks can be flexibly separated and assigned.
  • Visualisation management – Visualisation of whole annotation processes are applicable.
  • AI-assistant – Built-in AI model assists data annotation and quality control.

“The importance of data has been well noted in the AI industry but the processes of getting high-quality data have always been time-consuming. With Annotator 5.0’s assistance in improving data annotation efficiency, we want more companies and individuals to be freed up to spend more time on other AI related subjects like model design,” said Dr. Qingqing Zhang, CEO of Magic Data Tech.

Two versions of Annotator 5.0 — a SaaS version for free use and another version for privatisation deployment is projected to go online by Q3-2021.