How AI for survey data analysis can Save time and Amplify your efforts

Blocksurvey blog author
May 24, 2024 · 4 mins read

Surveys have long been an important tool for gathering informed insights and claims. By analyzing the data collected, companies can improve their operations, implement necessary changes, and deliver greater value to their customers.

However, manually analyzing survey results comes with its own set of challenges, such as cleaning up bad data, filtering out biased responses, converting categorical variables into numerical variables for statistical analysis, not being able to infer sentiment from open-ended/qualitative responses, and many more. This is a time-consuming and costly affair. We know this pain and we have gone through it many times. Now with the rise of AI, can it help us? Can it help us save time and make us efficient? We see AI can certainly help. Let’s see further how it can help.

How AI Helps in Survey Data Analysis?

1. AI can easily quantify open-ended responses

Open-ended questions demand that respondents give replies in their own words and are intended to evoke more data than close-ended questions or multiple-choice questions. So they are capable of capturing more details and perspectives that you miss while designing a survey.

Especially in feedback surveys and Voice of Customer(Voc) kind of surveys. However, traditionally analyzing these responses has been labor-intensive and subjective.

Using AI for survey analysis can automate the analysis of these responses, categorizing sentiments, extracting themes, and quantifying the data. AI can write programs in Python for analyzing the data using natural language processing and simple machine learning programs.;

How AI can measure Open-ended responses

  • AI can assess the sentiment of textual responses, categorizing them into positive, negative, or neutral. Sentiment scores can be assigned to each response, which can then be aggregated to provide an overall sentiment score for a particular aspect of a product or service.

  • It can classify text into predefined categories based on the content of the responses. For example, customer feedback can be categorized into themes such as 'service quality', 'product functionality', 'pricing', etc.

  • The frequency of keywords and phrases can be quantified to identify dominant themes or concerns, which can be further analyzed to assess their impact or relevance.

  • Each response can be assigned an emotion score for various emotions, which can be aggregated to understand the emotional undercurrents associated with different aspects of the business.

This allows companies to measure qualitative feedback quantitatively, making it easier to benchmark and track changes over time, align responses with specific metrics, and integrate this data into broader analytical processes.

2. AI reduces the training time needed for the ‘Analyzing’ Teams

Training teams can be time-consuming and expensive to thoroughly analyze survey responses, especially when dealing with large data sets such as 1000 responses per survey AI tools can facilitate this process through automated programming which controls the delivery of most of the information analysis work

AI-powered survey analysis introduces pre-designed survey models, reduces the learning curve, and relies on unique statistics. This not only reduces training time and costs but also benefits your team by giving you the freedom to focus on strategic tasks rather than raw data.

3. Visualizing Insights Out of Large Data Sets Made Easy with AI

AI’s clustering algorithms can easily identify patterns and relationships in the data and suggest visualizations like heat maps or scatter plots that best represent those patterns.

AI excels in handling large volumes of data quickly and accurately. It can filter through the noise to identify patterns, trends, and anomalies.

AI algorithms can automatically detect and highlight anomalies and outliers in data visualizations. In sectors like cybersecurity or quality control, anomaly detection visualizations promptly alert analysts to potential issues.

4. AI Reduces the Time between Data collection and Extracting Insights

Manual analysis of survey data is a time-consuming process that can significantly delay the time between the collection of survey data and the derivation of actionable insights due to the time required for data cleaning, processing, and analysis.

AI survey analysis reduces this time lag by automating the data preparation and analysis phases, It allows organizations to quickly move from data collection to insight generation. If you want to quickly respond to your customer feedback, or adapt to the market changes, quick insights from your feedback surveys should reach you on time.

Calculate your ROI for the AI Survey Analysis Tool

There are a few basic costs we are considering to calculate the actual cost you are spending now and that is compared against the cost you invest in our AI-powered Survey Analysis tool. The major costs involved are Survey software cost (per year), Hourly wages for the survey creator, No. of hours needed to create a standard survey of 20 questions. Try our AI Survey Analysis ROI calculator, to know the estimate of returns and savings you are about to get from this AI-powered analysis tool.

Manual data analysis involves data cleaning, sorting, analyzing, and visualizing, which is time-consuming, especially with large datasets. AI accelerates this process allowing for quicker turnaround times and freeing up employee time for other critical tasks.

Reduce Cost Save Time
AI-powered tools consolidate several functions of data collection, analysis, and reporting into a single, thus reducing overall software costs. Manual data analysis involves data cleaning, sorting, analyzing, and visualizing, which is time-consuming, especially with large datasets. AI accelerates this process allowing for quicker turnaround times and freeing up employee time for other critical tasks.
The savings from using AI can be redirected to fund additional survey initiatives. AI tools can automate routine tasks, provide actionable insights quickly, and reduce the likelihood of human error, all of which contribute to higher productivity especially if you are smaller teams.

Why Choose BlockSurvey for AI Survey Analysis

Our AI-powered survey analysis tool can curate insights from your survey data in no time. We are not going to restrict you to only surveys created and run on BlockSurvey. You can bring in your survey data collected from any platform, say Google Forms, SurveyMonkey, Typeform or Jotform you can upload and get your insights instantly.

Benefits of choosing BlockSurvey

With end-to-end encryption, your data is protected from unauthorized access at all times, making Blocksurvey a trusted tool for businesses handling confidential information.

Blocksurvey’s AI survey analysis tool can analyze open-ended responses, measure sentiments, and provide deep insights into what your respondents truly think and feel.

BlockSurvey’s AI survey assistant can help you instantly when you are struck at reaching your insights in no time.

The reports created using our AI survey analysis are more detailed including a variety of analyses such as top insights, fatigue analysis, thematic analysis, anomaly detection, persona analysis, and sentiment analytics.

Conclusion

Nowadays AI levels the playing field, so even a small team can do large complex analyses without needing deep specialisation in that area. Blocksurvey makes it even simpler for you to do so, with these AI-powered tools that facilitate sophisticated analytics through those responses. This, in essence, means that irrespective of the size is their business, they can now make data-driven decisions with accuracy and confidence.

Don’t let budget constraints or team size hold you back from accessing the benefits of advanced analytics. Embrace AI with Blocksurvey and start making smarter, data-driven decisions that propel your business forward.

How AI for survey data analysis can Save time and Amplify your efforts FAQ

What is AI for survey data analysis?

AI for survey data analysis is the integration of artificial intelligence technologies into the process of analyzing data collected through surveys. It aids in automating the process, improving accuracy, and delivering actionable insights faster.

How can AI save time in survey data analysis?

AI can automate the process of data entry, cleaning, and analysis, which significantly reduces the time spent on these tasks. It also uses algorithms to quickly identify patterns and trends in large data sets, which can be time-consuming manually.

Is AI for survey data analysis reliable?

Yes, AI for survey data analysis is reliable. It reduces human error and bias, providing more accurate and consistent results. AI algorithms are based on solid mathematical principles and are tested rigorously for accuracy and reliability.

Can I trust the results obtained from AI-powered survey data analysis?

Yes, you can trust the results obtained from AI-powered survey data analysis. AI algorithms are designed to be highly accurate and consistent. They are developed and tested by experts in the field and are constantly refined based on feedback and new research.

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blog author description

Vimala Balamurugan

Vimala heads the Content and SEO Team at BlockSurvey. She is the curator of all the content that BlockSurvey puts out into the public domain. Blogging, music, and exploring new places around is how she spends most of her leisure time.

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