Depending on the industry, every company uses different types of data. However, there are three standard types of data: structured, semi-structured, and unstructured.
Structured Data Structured data is the most common type of data and is easy to process. It is stored in a fixed format, such as an Excel spreadsheet or a SQL database. Structured data is often used for reporting and analysis.
Semi-Structured Data Semi-structured data is less common than structured data but more common than unstructured data. It is stored in a format that is not fixed, such as JSON or XML. Semi-structured data is often used for data mining and machine learning.
Unstructured Data Unstructured data is the least common type of data but is growing at the fastest rate. It is stored in a format that is not fixed and does not have a predefined structure, such as text files, images, and videos. Unstructured data is often used for Natural Language Processing (NLP).