Founded in 2021 by two AI and blockchain enthusiasts, betterdata is headquartered in Singapore and is the next generation synthetic data platform that helps highly regulated enterprises and government institutions to instantly share high-quality data internally within a company and externally with different companies.
Their AI synthetic engine leverages betterdata’s proprietary deep learning models and cutting-edge privacy-preserving techniques to generate synthetic data that is statistically and structurally similar to the original data. Because the data is artificially created, it cannot be traced back to real individuals and can be freely used, shared and stored to unlock use cases that are otherwise not possible because of increasing data protection regulations globally.
Data used to be a data science problem, but it is now becoming a compliance problem as well. The synthetic engine addresses these challenges by enabling engineering teams to cut down software development cycles and rapidly test new technologies, security teams to eliminate data privacy risks and legal teams to comply with national as well as international data protection regulations. A dashboard is provided for non-technical users and REST APIs for developers with easy documentation.
betterdata envisions a world powered by an open data sharing economy and is building the infrastructure necessary to ensure data democratization and healthy growth of businesses. As featured in Gartner, Channel News Asia and Efma, betterdata accelerates businesses to scale and mature digitally so that a full range of individuals, teams, and enterprises may share data safely.
betterdata has recently entered into a research and development (R&D) partnership with two leading academic institutes in Singapore and is successfully piloting its product in three (3) different countries. Still wondering how synthetic data can help you? Come talk to us and we can scope it together – we are just an email away.