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Unlocking precision with AI: How Loqate enhances global location data

As data accuracy continues to be more and more crucial for business success, Loqate’s advanced AI technology sets the standard for global location intelligence. Our solutions are designed to refine how businesses handle location data, ensuring end to end precision and efficiency.

Transforming data with AI

Loqate’s AI-driven solutions are a game changer for address capture, verification, and data enrichment. Our technology excels at parsing and structuring address data, offering unparalleled accuracy and scalability. With our AI capabilities, businesses can effortlessly handle complex address formats and elevate data quality across all business systems.

Enhancing address parsing and verification

Loqate’s AI technology enhances address parsing and verification by converting unstructured or semi-structured data into a globally compliant format. This improvement significantly boosts address match rates, providing more value to our customers.

Our AI Parser, powered by Deep Learning on the TensorFlow Platform, produces sophisticated models for each country. This innovation has resulted in notable improvements in address verification codes (AVCs) across 16 countries, reducing the need for manual tuning and handling complex inputs.

The impact on our clients

Our clients have experienced substantial gains in operational efficiency and data quality. For instance, a leading credit referencing agency in Malaysia saw an 8% increase in coverage during a pilot project with Loqate. This is just one example of how our technology delivers real-world results.

Loqate’s AI technology enhances address parsing and verification by converting unstructured or semi-structured data into a globally compliant format. This improvement significantly boosts address match rates, providing more value to our customers.

Our AI Parser, powered by Deep Learning on the TensorFlow Platform, produces sophisticated models for each country. This innovation has resulted in notable improvements in address verification codes (AVCs) across 16 countries, reducing the need for manual tuning and handling complex inputs.

Notable uplifts in data accuracy

Our clients have reported impressive increases in data coverage, including:

  • Germany: 13.9% increase
  • Indonesia: 18.9% increase
  • UK: 3.9% increase
  • USA: 7.8% increase
  • Malaysia: 13.9% increase

These results highlight the transformative impact of our AI technology on address verification and data accuracy.

Commitment to continuous improvement

At Loqate, we’re committed to responsibly and securely evolving our AI capabilities to continuously refine and expand our data services. By harnessing the latest advancements in machine learning and large language models, we ensure that businesses can connect with customers globally with the utmost precision.