Marketing Research and Insight Glossary

Definitions, common uses and explanations of 1,500+ key market research terms and phrases.

What are data processing services?

Research Topics:
Data Processing
Content Type:
Glossary
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Data Processing Services Definition

Data processing services are companies that collect, classify, sort, transform, summarize and calculate raw data into a suitable form for clients.

Data processing services are companies that collect, classify, sort, transform, summarize and calculate raw data into a suitable form for clients. The unformulated data comes from various sources like surveys, questionnaires, interviews and online interactions. Data is cleaned, coded and organized into a usable format for analysis by a client. The goal behind hiring these services is to convert collected, raw data into meaningful insights and actionable conclusions. Data processing services help eliminate inconsistencies, errors and redundancies in raw data, thus leading to accurate analysis and conclusions. This process saves time and resources, as well as enables marketing researchers to focus on interpreting results.

Who relies on data processing services?

Marketing research firms, businesses, marketing agencies and organizations that conduct market research often lack the in-house resources or know-how to manage and process the large volumes of data. Hiring outside help allows marketing professionals to focus on analyzing insights and not data management tasks.

Why should I care about data processing services?

Effective data processing services are a safeguard for businesses and marketing professionals that they possess accurate, consistent and impactful data that’s ready for analysis. Hiring processing services streamlines the research process, thus leading to quicker and more accurate conclusions. Improper data processing, however, can lead to inaccurate or unreliable results.