Crowdsourcing is a process in which a company or organization solicits contributions or ideas from a large group of people, typically via the internet. The term “crowdsourcing” is a portmanteau of “crowd” and “outsourcing,” and it refers to the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, rather than from traditional employees or suppliers.

There are different types of crowdsourcing, depending on the type of contribution that is being solicited and the way in which it is being used. For example, some companies use crowdsourcing to gather ideas for new products or services, while others use it to gather information or data. Some companies use crowdsourcing to outsource tasks or projects to a crowd of people, rather than hiring employees or contractors to do the work.

Some of the benefits of crowdsourcing include:

1. It can be a cost-effective way to gather information, ideas, or content, since the company or organization doesn’t have to pay employees or contractors to do the work.
2. It can provide access to a wide range of skills and expertise that may not be available within the company or organization.
3. It can be a fast way to gather a large amount of information or data in a short period of time
   It can be a efficient way to do some repetitive task like annotation, tagging etc.
4. Crowdsourcing can help a company or organization to tap into the creativity and innovation of a large group of people, which can lead to new ideas and solutions that would not have been discovered otherwise.
5. Overall, Crowdsourcing has become increasingly popular in recent years, thanks to the internet and the ability for companies and organizations to connect with a large and diverse group of people quickly and easily.

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