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There’s lots of discuss in regards to the worth of information being the brand new gold. Many firms are due to this fact pouring massive sums of cash into turning into data-driven. It’s offered as a very new means of doing enterprise, virtually as if enterprise has by no means been pushed by information earlier than.
Positive, many firms battle with being totally data-driven, however I feel the larger difficulty is, that it’s under no circumstances adequate.
All of us search to extract one thing magical from the information. That‘s why we accumulate information in large information lakes, information warehouses and all the opposite large information collections that haven’t but obtained a catchy advertising and marketing label. I imagine all of us fall into the lure of eager to unearth a treasure trove of information. We one way or the other can‘t escape the considering that these huge information collections are the inspiration of some analytical superpower that can finally propel our companies to new heights.
Knowledge know-how and information engineering groups are then usually seen because the decisive consider changing information into enterprise advantages. Whereas know-how and engineering are undeniably essential, it takes a extra holistic method to really rework a enterprise right into a digital powerhouse.
On this article I’ll method the matter from the enterprise aspect and clarify why…
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Bernd Wessely
2024-09-22 17:01:44
Source hyperlink:https://towardsdatascience.com/data-empowers-business-3120a6632081?source=rss—-7f60cf5620c9—4