Data extraction software automates the process of extracting structured and unstructured data from various sources such as websites, documents, and databases. It uses technologies such as web scraping, OCR, and NLP to extract data and convert it into a usable format. It can be used for business intelligence, market research, and other purposes, automates repetitive tasks, improves data accuracy, and saves time and resources. It can extract data from multiple sources and in different formats, including text, images, and PDFs, making it a versatile tool for businesses to gather, process, and analyze data.