Address Standardization
Problem
The address standardization problem arises from the inconsistencies and variations in the way addresses are written or recorded.
Common issues in address data include:
Abbreviations and Spelling Variations
Street names, city names, and other components may be abbreviated or misspelled differently.
Format Variations
Addresses might be written in various formats, making it challenging to extract consistent information.
Missing Information
Some addresses may lack necessary details, like postal codes or unit numbers, leading to incomplete or inaccurate data.
Incorrect Information
Address may be incorrect or fake in case of fraudulent activities.
Synonyms and Aliases: Different terms may refer to the same location , leading to ambiguity.
Solution
Parsing or Tokenization
Break down the address into its individual components - Building Num/Plot Num, Street Name, City, State, and Postal Code.
Normalization
Standardize abbreviations, expand acronyms, and correct common misspellings.
Validation
Verify the accuracy of the address against a reference dataset or geocoding service.
Geocoding
Assign geographic coordinates (latitude and longitude) to addresses.
Deployment and Monitoring
Deployment for future predictions. Continuously monitor model performance and retrain periodically with updated data to improve accuracy.
