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Synthetic Data Generation is a process of creating data that is not real but appears to be real. It is used in data storage and management to create data sets that can be used for testing and training purposes. Synthetic data can be used to simulate real-world scenarios and to create data sets that are more secure and private than real data. It can also be used to create data sets that are more consistent and reliable than real data. Synthetic data can be generated from existing data sets or from scratch.
Synthetic Data Generation is becoming increasingly popular in the data storage and management market as it provides a secure and reliable way to store and manage data. It is also becoming more cost-effective as it eliminates the need for manual data entry and reduces the risk of data breaches.
Some companies in the Synthetic Data Generation market include Microsoft, IBM, Oracle, SAP, and Google. Show Less Read more