The Role of Vector Databases in the AI Landscape

In the dynamic and competitive landscape of artificial intelligence (AI), the ability to rapidly process and derive insights from unstructured data is fundamental to creating value. Unstructured data refers to data that does not follow a predefined model or format. Unlike structured data (e.g. spreadsheets or databases), unstructured data includes things like text documents, emails, images, audio, and video. According to MIT Sloan, unstructured data accounts for around 80-90% of all data generated by organizations, making it a massive yet underutilized resource. Some examples of how data can create significant value include: