10 Ai Based Automated Data Entry Tool Business Success Stories [2024]
As businesses grow, so does the volume of their data, making it harder to manage manually. Enter the concept of an AI-based automated data entry tool business, designed to streamline the process and save precious time.
This business idea revolves around developing software that automates data entry tasks. The tool is capable of learning patterns and improving efficiency over time, as artificial intelligence operates the backend. By replacing manual data entry with automatic population, businesses reduce errors, increase productivity, and save enormous amounts of time.
Imagine the opportunities in this tech-driven field. Every business, from a small startup to a multinational corporation, needs to manage their data effectively. It's not just a necessity, it's a lifeline, making the potential market for such services vast.
In an age where time equals money, starting an AI-based automated data entry tool business could be the platform to build a formidable, future-proof career. It's state-of-the-art, it's needed, and it's a business opportunity waiting to be seized.
Here are some real life success stories of starting a AI based automated data entry tool business:
1. Parseur ($480K/year)
Sylvestre Dupont, the co-founder of Parseur, came up with the idea for the data extraction tool during his sabbatical break year in 2013. While building a travel map website, he realized the tedious task of manually entering travel confirmation emails into the app and thought it would be great if the app could automatically extract the relevant information. This sparked the idea of building an email parsing tool, which eventually became Parseur.
How much they make: $480K/year
How much did it cost to start: $1K
Current team size: 0
Parseur, the data extraction tool, helps businesses automate their data entry process, catering to multiple industries such as food delivery, real estate and marketing, and has grown to over $40k in revenue per month since its launch in 2017.
2. Scraper API ($6M/year)
How much they make: $6M/year
Current team size:
SaaS.group acquires Scraper API, the successful data extraction tool generating $400k/mo, signaling growth plans with new hires expected this year.
So... can you actually make money with a AI based automated data entry tool business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
5. Chartio
Chartio’s cloud-based business intelligence and analytics solution enables everyone to analyze their data from their business applications.
Website traffic: 930K/month
So... can you actually make money with a AI based automated data entry tool business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
7. Artificial Intelligence, Big Data Analytics and Insight
Analytics Insight is a leading media authority in artificial intelligence, big data, analytics, robotics covering the latest trends in the industry. Analytics Insight Magazine monitors developments, recognition, and achievements made by companies operating at the convergence of these technologies across the globe.
Website traffic: 2.2M/month
8. Knowledge Hub Media
An industry leader in B2B content syndication. Expert blog articles and white papers on topics such as account based marketing tactics, demand generation strategy, and Internet of Things (IoT) applications.
So... can you actually make money with a AI based automated data entry tool business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
10. Zapier
Connect the apps you use everyday to automate your work and be more productive. 1,500+ apps and easy integrations - get started in minutes.
Where they're located: Manhattan Community Board 1, New York, USA
Website traffic: 6.42M/month
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- 4,818 founder case studies
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- 8,628 business ideas
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings