Automated SIC/SOC Coding Tool
Benefits
Improves match rate and accuracy of automatic classification compared to existing rule-based tools. Reduces need for expensive manual coding. Achieves higher overall accuracy and match rates across multiple datasets.
Details
- Tool name
- Automated SIC/SOC Coding Tool
- Organisation
- Office for National Statistics
- Status
- pilot
- AI method (as recorded)
- Machine Learning, Natural Language Processing
- AI method (normalised tags)
- Machine Learning Natural Language Processing
- Usecase
- Workflow Automation
- Origin
- gov.uk
- Owning team
- Data Science Campus
- Date added
- 18 November 2021
- Scrape date
- Source note
- Project uses machine learning to improve automated SIC/SOC coding, enhancing accuracy and reducing manual coding needs. [Source]