Companies rely on data to build machine learning models which can make predictions and improve operational decisions
Data is the new oil and like oil, it is scarce and expensive. Companies rely on data to build machine learning models which can make predictions and improve operational decisions. When historical data is not available or when the available data is not sufficient because of lack of quality or diversity, companies rely on synthetic data to build models.
Synthetic data has been dramatically increasing in quality. And its quantity makes up for issues in quality. For example, most self-driving kms are accumulated with synthetic data produced in simulations.
If you’d like to learn about the ecosystem consisting of Synthetic Data Generator and others, feel free to check AIMultiple Data.
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MOSTLY AI
(5.0)
Reviews
Employees
Popularity
Social Media
MOSTLY AI offers the leading, most accurate Synthetic Data Platform - enabling enterprises to unlock, share, fix and simulate data. Thanks to the advances in AI, MOSTLY AI's synthetic data looks and feels just like actual data, is able to retain the valuable, granular-level information, and yet guarantees that no individual is ever getting exposed.
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Genrocket
(4.6)
Reviews
Employees
Popularity
Social Media

MDClone
(5.0)
Reviews
Employees
Popularity
Social Media
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Hazy
(5.0)
Reviews
Employees
Popularity
Social Media
Hazy differentiates from the competition by offering models capable of generating high quality synthetic data with a differential privacy mechanism. Data can be tabular, sequential (containing time-dependent events, like bank transactions) or dispersed through several tables in a relational database.
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YData
(5.0)
Reviews
Employees
Popularity
Social Media
YData provides a data-centric platform that accelerates the development and increases the RoI of AI solutions by improving the quality of training datasets. Data scientists can now use automated data quality profiling and improve datasets leveraging state-of-the-art synthetic data generation.
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Informatica Test Data Management Tool
Reviews
Employees
Popularity
Social Media

OneView
(5.0)
Reviews
Employees
Popularity
Social Media
OneView is a platform for the acceleration of remote sensing imagery analytics in a scalable and cost-effective way. The platform creates virtual synthetic datasets to be used for machine learning algorithm training. OneView enables skipping the tedious process of collecting, tagging, and validating real images from drones, airborne, and satellites. The OneView platform is capable of generating datasets for any environment, object, and sensor.
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BizDataX
Reviews
Employees
Popularity
Social Media

SKY ENGINE AI
Reviews
Employees
Popularity
Social Media
Full Stack Machine Learning and Computer Vision with Data Generation Platform for Data Scientists enabling AI Business Transformation at scale.SKY ENGINE AI Platform enables building optimal, customised AI models from scratch and training them in Virtual Reality. SKY ENGINE AI software allows creating a digital twin of your sensor, drone or robot and putting them through testing and training in a virtual environment prior to real-world deployment.SKY ENGINE AI Synthetic Data Generation makes Data Scientist life easier providing perfectly balanced datasets for any Computer Vision applications like object detection & recognition, 3D positioning, pose estimation and other sophisticated cases including analysis of multi-sensor data i.e., Radars, Lidars, Satellite, X-rays, and more.
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Statice
Reviews
Employees
Popularity
Social Media
Statice develops state-of-the-art data privacy technology that helps companies double-down on data-driven innovation while safeguarding the privacy of individuals. Thanks to the privacy guarantees of the Statice data anonymization software, companies generate privacy-preserving synthetic data compliant for any type of data integration, processing, and dissemination. With Statice, enterprises from the financial, insurance, and healthcare industries can drive data agility and unlock the creation of value along their data lifecycle. Safely train machine learning models, finally process your data in the cloud or easily share it with partners with Statice.Learn more about Statice on www.statice.ai
MARKET PRESENCE METRIC
Popularity
Searches with Brand Name
These are the number of queries on search engines which include the brand name of theproduct. Compared to other product based solutions, Synthetic Data Generator is more concentrated interms of top 3 companies’ share of search queries. Top 3 companies receive 69%, 46% lessthan the average of search queries in this area.
Web Traffic
Synthetic Data Generator is a highly concentrated solution category in terms of web traffic. Top 3companies receive 76% (3347% less than average solution category) of the online visitors onsynthetic data generator company websites.
MATURITY
Number of Employees
11 employees work for a typical company in this solution category which is 7 less than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 8 companies with >10 employees are offering Synthetic Data Generator. Top 3 products are developed by companies with a total of 35-4k employees. However, 1 of these top 3 companies have multiple products so only a portion of this workforce is actually working on these top 3 products.
Informatica
MDClone
Ekobit
Mostly AI
Statice
INSIGHTS
Top Words Describing
Synthetic Data Generator
This data is collected from customer reviews for all Synthetic Data Generator companies.The mostpositive word describing Synthetic Data Generator is “Easy to use” that is used in 20% of thereviews.
NUMBER OF VENDORS BY HQ COUNTRY
TREND ANALYSIS
Interest in Synthetic Data Generator
This category was searched for 19.5k times on search engines in the last year. This number has decreased to 15.5k today. If we compare with other product-based solutions, a typical solution was searched 7.6k times in the last year and this decreased to 4.7k today.
There are 2 categories of approaches to synthetic data: modelling the observed data or modelling the real world phenomenon that outputs the observed data.
Modelling the observed data starts with automatically or manually identifying the relationships between different variables (e.g. education and wealth of customers) in the dataset. Based on these relationships, new data can be synthesized.
Simulation(i.e. Modelling the real world phenomenon) requires a strong understanding of the input output relationship in the real world phenomenon. A good example is self-driving cars: While we know the physical mechanics of driving and we can evaluate driving outcomes (e.g. time to destination, accidents), we still have not built machines that can drive like humans. As a result, we can feed data into simulation and generate synthetic data.
As expected, synthetic data can only be created in situations where the system or researcher can make inferences about the underlying data or process. Generating synthetic data on a domain where data is limited and relations between variables is unknown is likely to lead to a garbage in, garbage out situation and not create additional value.
Synthetic data enables data-driven, operational decision making in areas where it is not possible.
Any business function leveraging machine learning that is facing data availability issues can get benefit from synthetic data.
Any company leveraging machine learning that is facing data availability issues can get benefit from synthetic data.
Synthetic data is especially useful for emerging companies that lack a wide customer base and therefore significant amounts of market data. They can rely on synthetic data vendors to build better models than they can build with the available data they have. With better models, they can serve their customers like the established companies in the industry and grow their business.
Major use cases include:
- self driving cars
- customer level data in industries like telecom and retail
- clinical data
Increasing reliance on deep learning and concerns regarding personal data create strong momentum for the industry. However, deep learning is not the only machine learning approach and humans are able to learn from much fewer observations than humans. Improved algorithms for learning from fewer instances can reduce the importance of synthetic data.
Synthetic data companies can create domain specific monopolies. In areas where data is distributed among numerous sources and where data is not deemed as critical by its owners, synthetic data companies can aggregate data, identify its properties and build a synthetic data business where competition will be scarce. Since quality of synthetic data also relies on the volume of data collected, a company can find itself in a positive feedback loop. As it aggregates more data, its synthetic data becomes more valuable, helping it bring in more customers, leading to more revenues and data.
Access to data and machine learning talent are key for synthetic data companies. While machine learning talent can be hired by companies with sufficient funding, exclusive access to data can be an enduring source of competitive advantage for synthetic data companies. To achieve this, synthetic data companies aim to work with a large number of customers and get the right to use their learnings from customer data in their models.
Please note that this does not involve storing data of their customers. Synthetic data companies build machine learning models to identify the important relationships in their customers' data so they can generate synthetic data. If their customers gives them the permission to store these models, then those models are as useful as having access to the underlying data until better models are built.
Synthetic data is any data that is not obtained by direct measurement. McGraw-Hill Dictionary of Scientific and Technical Terms provides a longer description: "any production data applicable to a given situation that are not obtained by direct measurement".
Synthetic data allow companies to build machine learning models and run simulations in situations where either
- data from observations is not available in the desired amount or
- the company does not have the right to legally use the data. For example, GDPR "General Data Protection Regulation" can lead to such limitations.
Specific integrations for are hard to define in synthetic data. Synthetic data companies need to be able to process data in various formats so they can have input data. Additionally, they need to have real time integration to their customers' systems if customers require real time data anonymization.
For deep learning, even in the best case, synthetic data can only be as good as observed data. Therefore, synthetic data should not be used in cases where observed data is not available.
Synthetic data can not be better than observed data since it is derived from a limited set of observed data. Any biases in observed data will be present in synthetic data and furthermore synthetic data generation process can introduce new biases to the data.
It is also important to use synthetic data for the specific machine learning application it was built for. It is not possible to generate a single set of synthetic data that is representative for any machine learning application. For example, this paper demonstrates that a leading clinical synthetic data generator, Synthea, produces data that is not representative in terms of complications after hip/knee replacement.
While computer scientists started developing methods for synthetic data in 1990s, synthetic data has become commercially important with the widespread commercialization of deep learning. Deep learning is data hungry and data availability is the biggest bottleneck in deep learning today, increasing the importance of synthetic data.
Deep learning has 3 non-labor related inputs: computing power, algorithms and data. Machine learning models have become embedded in commercial applications at an increasing rate in 2010s due to the falling costs of computing power, increasing availability of data and algorithms.
Figure:PassMark Software built a GPU benchmark with higher scores denoting higher performance. Figure includes GPU performance per dollar which is increasing over time
While algorithms and computing power are not domain specific and therefore available for all machine learning applications, data is unfortunately domain specific (e.g. you can not use customer purchasing behavior to label images). This makes data the bottleneck in machine learning.
Deep learning relies on large amounts of data and synthetic data enables machine learning where data is not available in the desired amounts and prohibitely expensive to generate by observation.
While data availability has increased in most domains, companies face a chicken and egg situation in domains like self-driving cars where data on the interaction of computer systems and the real world is scarce. Companies like Waymo solve this situation by having their algorithms drive billions of miles of simulated road conditions.
In other cases, a company may not have the right to process data for marketing purposes, for example in the case of personal data. Companies historically got around this by segmenting customers into granular sub-segments which can be analyzed. Some telecom companies were even calling groups of 2 as segments and using them to predict customer behaviour. However, General Data Protection Regulation (GDPR) has severely curtailed company's ability to use personal data without explicit customer permission. As a result, companies rely on synthetic data which follows all the relevant statistical properties of observed data without having any personally identifiable information. This allow companies to run detailed simulations and observe results at the level of a single user without relying on individual data.
Observed data is the most important alternative to synthetic data. Instead of relying on synthetic data, companies can work with other companies in their industry or data providers. Another alternative is to observe the data.
The only synthetic data specific factor to evaluate for a synthetic data vendor is the quality of the synthetic data. It is recommended to have a through PoC with leading vendors to analyze their synthetic data and use it in machine learning PoC applications and assess its usefulness.
Typical procurement best practices should be followed as usual to enable sustainability, price competitiveness and effectiveness of the solution to be deployed.
Wikipedia categorizes synthetic data as a subset of data anonymization. This is true only in the most generic sense of the term data anonimization. For example, companies like Waymo use synthetic data in simulations for self-driving cars. In this case, a computer simulation involves modelling all relevant aspects of driving and having a self-driving car software take control of the car in simulation to have more driving experience. While this indeed creates anonymized data, it can hardly be called data anonymization because the newly generated data is not directly based on observed data. It is only based on a simulation which was built using both programmer's logic and real life observations of driving.
FAQs
How do I create synthetic data in Excel? ›
- Creating Random Point Data. ...
- Creating Random Points with Random, Gradient, and Uniform Values. ...
- Getting Control of Polynomials. ...
- Evaluating a Trend Surface. ...
- Creating data with auto correlation. ...
- Creating Complex Point Data. ...
- Putting it all together.
Synthetic data is information that's artificially generated rather than produced by real-world events. Typically created using algorithms, synthetic data can be deployed to validate mathematical models and to train machine learning models. Data generated by a computer simulation can be seen as synthetic data.
What are synthetic datasets? ›Synthetic data is information that's artificially manufactured rather than generated by real-world events. Synthetic data is created algorithmically, and it is used as a stand-in for test datasets of production or operational data, to validate mathematical models and, increasingly, to train machine learning models.
Who creates synthetic data? ›GAN models and adversarial networks are two competing neural networks. GAN is the generator network that is responsible for creating synthetic data. An adversarial network is the discriminator network, which functions by determining a fake dataset and the generator is notified about this discrimination.
What is generative AI? ›Generative Artificial Intelligence (AI) correlates to the programs that allow machines to use elements such as audio files, text, and images to produce content. MIT describes generative AI as one of the most promising advances in the world of AI in the past decade.
How does Python create synthetic data? ›- pip install Faker. To use the Faker package to generate synthetic data, we need to initiate the Faker class.
- from faker import Faker. fake = Faker() With the class initiated, we could generate various synthetic data. ...
- fake.name() Image by Author.
Synthetic data allows data scientists to feed machine learning models with data to represent any situation. Synthetic test data can reflect 'what if' scenarios, making it an ideal way to test a hypothesis or model multiple outcomes. Yes, synthetic data is a more accurate and scalable replacement for real-world records.
How do you create a dummy data set? ›- Method 1 : Enter Data Manually. ...
- Method 2 : Sequence of numbers, letters, months and random numbers. ...
- Method 3 : Create numeric grouping variable. ...
- Method 4 : Random Numbers with mean 0 and std. ...
- Method 5 : Create binary variable (0/1)
A total of 92% of models trained on synthetic data have lower accuracy than those trained on real data. Tree-based models trained on synthetic data have deviations in accuracy from models trained on real data of 0.177 (18%) to 0.193 (19%), while other models have lower deviations of 0.058 (6%) to 0.072 (7%).
Is synthetic data private? ›simply making data “synthetic” does not guarantee privacy in any meaningful sense of the word, and we need to be careful about what it actually means to generate private synthetic data.
Is synthetic data reliable? ›
Gretel's synthetic data generally performs quite well: AI models trained on it typically come within a few percentage points in accuracy relative to models trained on real-world data, and are sometimes even more accurate.
What is synthetic data vault? ›Synthetic Data Vault (SDV) is a collection of libraries for generating synthetic data for Machine Learning tasks. It enables modeling of tabular and time-series datasets that can then be used to synthesise new data resembling the original ones in terms of format and statistical properties.
How synthetic images are generated? ›Synthetic Image Generation with Variational Autoencoders (VAE) VAEs are deep neural systems that can generate synthetic data for numeric or image datasets. They work by taking the distribution of a sample dataset, transforming it into a new, latent space, and then back into the original space.
What is a method for self generating data? ›You can do this looping back process. This is where computers, the algorithms in them, can engage themselves to create the data they need for machine learning algorithms. It's a little bit like the mythical self-consuming snake that comes all the way back around.
How is synthetic data used in healthcare? ›Synthetic data can be used to construct control groups for clinical studies including uncommon or recently found diseases for which there is insufficient existing data, allowing for the diagnosis of rare diseases.
What does tonic AI do? ›Data Privacy Management Software
Tonic mimics your production data to create safe, realistic, and de-identified data for QA, testing, and analysis. - Proactively protect your sensitive data with automatic scanning, alerts, de-identification, and mathematical guarantees of data privacy.
Definition. A synthetic (biomimetic) model (SM) is constructed from extant, autonomous software components whose existence and purpose are independent of the underlying model they comprise. It combines these elements in a systematic manner to form a coherent whole.
What is edge AI? ›Edge AI is the deployment of AI applications in devices throughout the physical world. It's called “edge AI” because the AI computation is done near the user at the edge of the network, close to where the data is located, rather than centrally in a cloud computing facility or private data center.
What is emotional AI? ›Emotional AI refers to technologies that use affective computing and artificial intelligence techniques to sense, learn about and interact with human emotional life.
What is Gan deep learning? ›A generative adversarial network (GAN) is a machine learning (ML) model in which two neural networks compete with each other to become more accurate in their predictions. GANs typically run unsupervised and use a cooperative zero-sum game framework to learn.
How do you create synthetic tabular data? ›
To produce synthetic tabular data, we will use conditional generative adversarial networks from open-source Python libraries called CTGAN and Synthetic Data Vault (SDV). The SDV allows data scientists to learn and generate data sets from single tables, relational data, and time series.
What is SDV Python? ›Synthetic Data Vault (SDV) python library is a tool that models complex datasets using statistical and machine learning models. This tool can be a great new tool in the toolbox of anyone who works with data and modeling.
How do you generate a random data set in Python? ›Generating Random Integers
random. randint() function returns a random integer between a and b (in this case, 1 and 500) which includes a and b, in other words: a<= x <=b. Whereas random. randrange() chooses a random item from that range (start=0, stop=500, step=5), which can be 0, 5, 10, 15 and so on, until 500.
Generating Data. Researchers employ two ways of generating data: observational study and randomized experiment. In either, the researcher is studying one or more populations; a population is a collection of experimental units or subjects about which he wishes to infer a conclusion.
What is synthetic data and does it have a digital workplace use? ›Synthetic data is artificially generated by an AI algorithm that has been trained on a real data set. It has the same predictive power as the original data but replaces it rather than disguising or modifying it.
What is synthesis io? ›Synthesia is the world leading video synthesis company, founded by some of the leading professors in the field. Synthesia STUDIO is the first commercial SaaS product in synthetic video. Never before has it been possible to create video at this scale and so fast.
How do I create a sample data in R? ›...
seed() function as 1 as follows,
- > set. seed(1)
- > sample(1:6, 10, replace = TRUE)
- [1] 2 3 4 6 2 6 6 4 4 1.
Dummy tables and charts are empty skeleton tables and charts which show how the results will be presented but which do not contain any data/results.
What is another word for dummy data? ›Use whatever term you like, "synthetic", "contrived", "fabricated", "fictitious".
How is data being used? ›Your cell phone plan's data is used whenever you use your phone's internet connection to perform any task. Some common ways data is used on smartphones include: Browsing the internet. Downloading and running apps.
What is the guarantee of differential privacy? ›
Differential privacy guarantees mathematically that a person, who is observing the outcome of a differential private analysis, will produce likely the same inference about an individual's private information, whether or not that individual's private information is combined in input for the analysis.
What is syntegra? ›Syntegra creates accurate, privacy-preserved synthetic data that bridges the gap between your organization's data privacy and data science needs, allowing you to take a data-centric approach to innovation in patient care and improved clinical outcomes.
What is image generation in AI? ›Image generation (synthesis) is the task of generating new images from an existing dataset.
What is synthetic image? ›Synthetic images are computer generated images which represent the real world. By simulating the data in a virtual environment, it is possible to influence every parameter that has an impact on the images. All possible light scenarios, as well as camera positions, environments and actions can be displayed.
What are synthetic pictures? ›Synthetic Imaging is the creation of two-dimensional optical images by means of mathematical modelling computations of compiled data rather than by the more traditional photographic process of using light waves focused through cameras or other optical instruments.
What is API in big data? ›API is the acronym for Application Programming Interface, which is a software intermediary that allows two applications to talk to each other. Each time you use an app like Facebook, send an instant message, or check the weather on your phone, you're using an API.
What are synthetic variables? ›Written by David Sepúlveda. Ubidots Analytics Engine supports a complex mathematical computation tool called Synthetic Variables. In simple words, a variable is any raw data within a device in Ubidots, and a synthetic variable is a variable that results from the computation of other variables within Ubidots.
What is synthetic time series? ›Combine multiple time series, constants, and operators to create new synthetic time series. For example, use the expression 3.6 * TS{externalId='wind-speed'} to convert units from m/s to k/h.
How do you generate synthetic data? ›To generate synthetic data, data scientists need to create a robust model that models a real dataset. Based on the probabilities that certain data points occur in the real dataset, they can generate realistic synthetic data points.
How do you generate synthetic text data in Python? ›As you can see, the code is fairly simple: Set input parameters and the control level for the Bayesian network build as part of the data generation model. Instantiate the data descriptor, generate a JSON file with the actual description of the source dataset, and generate a synthetic dataset based on the description.
How do you create synthetic data in Python? ›
- pip install Faker. To use the Faker package to generate synthetic data, we need to initiate the Faker class.
- from faker import Faker. fake = Faker() With the class initiated, we could generate various synthetic data. ...
- fake.name() Image by Author.
To produce synthetic tabular data, we will use conditional generative adversarial networks from open-source Python libraries called CTGAN and Synthetic Data Vault (SDV). The SDV allows data scientists to learn and generate data sets from single tables, relational data, and time series.
Why is synthetic data generation important? ›Synthetic data allows data scientists to feed machine learning models with data to represent any situation. Synthetic test data can reflect 'what if' scenarios, making it an ideal way to test a hypothesis or model multiple outcomes. Yes, synthetic data is a more accurate and scalable replacement for real-world records.
What is synthetic data vault? ›Synthetic Data Vault (SDV) is a collection of libraries for generating synthetic data for Machine Learning tasks. It enables modeling of tabular and time-series datasets that can then be used to synthesise new data resembling the original ones in terms of format and statistical properties.
What is a method for self generating data? ›You can do this looping back process. This is where computers, the algorithms in them, can engage themselves to create the data they need for machine learning algorithms. It's a little bit like the mythical self-consuming snake that comes all the way back around.
What is SDV Python? ›Synthetic Data Vault (SDV) python library is a tool that models complex datasets using statistical and machine learning models. This tool can be a great new tool in the toolbox of anyone who works with data and modeling.
What datasets are in Sklearn? ›...
7.1. Toy datasets
- Boston house prices dataset. ...
- Iris plants dataset. ...
- Diabetes dataset. ...
- Optical recognition of handwritten digits dataset. ...
- Linnerrud dataset.
- Steps 1 and 2: Import packages and classes, and provide data. First, you import numpy and sklearn.linear_model.LinearRegression and provide known inputs and output: ...
- Step 3: Create a model and fit it. ...
- Step 4: Get results. ...
- Step 5: Predict response.
Synthetic data is artificially generated by an AI algorithm that has been trained on a real data set. It has the same predictive power as the original data but replaces it rather than disguising or modifying it.
Which is data pre processing technique? ›Data preprocessing is a data mining technique which is used to transform the raw data in a useful and efficient format. Steps Involved in Data Preprocessing: 1.
Which of the following is the correct way to sharpen an image? ›
- Convolve the image with identity matrix.
- Subtract this resulting image from the original.
- Add this subtracted result back to the original image.