Getting Started with AI
Synthetic Data
Artificially generated data that mimics the statistical properties and patterns of real data without containing actual personal or sensitive information, created using AI techniques to supplement or replace real datasets. This approach enables businesses to develop and test AI systems whilst addressing privacy concerns, data scarcity, or regulatory restrictions. Organisations can use synthetic data for training AI models, testing systems with diverse scenarios, and sharing datasets with external partners without compromising confidential information. Applications include creating customer personas for testing, generating diverse training examples, and developing AI systems for sensitive industries like healthcare or finance.