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Data exists in various formats, from web pages to printed materials, and holds significant value when properly extracted. Data extraction is the process of retrieving data from one format and converting it into a more useful format for further processing, distinct from subsequent data analysis. Sometimes, similar datasets are extracted from different sources, requiring review and standardization to ensure compatibility. This video tutorial, presented by Parsup, will cover what data extraction is, its applications, and methods for executing it. Different types of data sources will also be discussed, emphasizing the diversity of data formats available.