Data-driven decision-making is gaining an advantage and is providing more authenticity to modern ways of life.
For many organizations, their data infrastructure is still a cost center nowadays and should become a profit center by utilizing the data to improve everything.
When business is growing, many people have opinions about which steps need to be taken. It helps to work with a philosophy of ‘good data beats opinion’.
This data is highly disorganized and it needs to be properly refined and restructured to draw valuable conclusions for businesses.
Data is being generated at an unprecedented rate as it is playing important role in supporting many human endeavors.