Should Enterprises Build or Buy Entity Resolution?
Building Quality Entity Resolution Is Challenging
Building high-quality entity resolution capabilities into enterprise applications, services, data fabrics or data pipelines can be a daunting and expensive endeavor, a grueling marathon. Organizations often invest millions of dollars and years of effort – with teams sometimes exceeding 100 people – to try to develop effective entity resolution algorithms and systems. It also requires expertise across statistics, linguistics and performance engineering, as well as a deep understanding of entity resolution edge cases.
The Cost Of Building A Robust Entity Resolution Solution
70% OF CAPABILITIES
$1 MILLION
80% OF CAPABILITIES
$5 MILLION
90% OF CAPABILITIES
$30 MILLION+
Until just a few years ago, the only commercial entity resolution options available were complicated, expensive and hard-to-manage full stack systems that could take many months or years to deploy.
Today, however, the Senzing API allows organizations to quickly add highly accurate advanced data matching and relationship detection capabilities to their enterprise systems with just a few lines of code. Just like licensing third-party payment processing or mobile communications capabilities, adding entity resolution with the Senzing API can be achieved in a matter of days to weeks in a capital-efficient manner.
Entity resolution is crucial software I’ve included in my ‘Don’t Try This at Home’ list. Although it may appear straightforward initially, it’s a complex problem…making [building it] an unwise investment for most teams.”
– BEN LORICA, GRADIENT FLOW
Top Entity Resolution Features You Need
Deploying the Senzing Entity Resolution API is Fast and Easy
Building entity resolution technology in-house involves significant financial commitment. From our research, we have found that organizations can expect to spend about $1 million to achieve 70% of the features of a state-of-the-art solution. Advancing to 80% capability can cost up to $5 million, while reaching 90% could escalate to $30 million or more – without ever achieving state-of-the-art performance.
Advantages Of Senzing API VS Building In-House
Much Faster Time To Value (TTV)
Higher-Quality, More Accurate Results
Lower Total Cost of Ownership (TCO)
Senzing entity resolution is the first purpose-built AI for real time entity resolution. It is highly accurate and scalable to billions of records, operates with low latency and sets itself apart from other solutions with its fast and easy integration of new data sources. Plus, with the Senzing API, all your data is safe and secure – you deploy all logic and data on premises or in your cloud environment, and no data flows to Senzing, Inc.
Discover three quick ways to explore Senzing entity resolution.
Building Entity Resolution Doesn’t Make Sense Anymore
Discover the Potential of Senzing Technology
Schedule a time to meet with one of our entity resolution experts today. We’ll help you evaluate your specific requirements and determine if Senzing entity resolution is the best solution for your needs. If we don’t think we’re the best option for you, we’ll let you know that too.
