Part 2/11:
Initially, the concept of multimodal data was introduced as an addition of new dimensions to our data understanding — akin to adding modalities in healthcare such as X-ray and MRI to a patient’s profile. Traditionally, organizations have predominantly dealt with structured data, which is neatly organized in databases for years. However, widespread recognition exists that approximately 80% of the world's data is unstructured, comprising images, audio, video, and text, presenting a significant untapped resource.