Why You Should Invest in Data
According to a US-based organization MicroStrategy, “94% of enterprises say that data is essential to business growth”.
The secret to making a business successful is no more rocket science. This is the century of data and data is the only factor that can take your business to great heights if used wisely. In this article, we’ll discuss why every organization must invest in data in order to gain maximum return.
According to McKinsey, companies embracing Big Data could increase margins by 60%.
With the increasing amount of data, companies require more insights of the user personas and buyer journeys of the users from all around the globe. While the population is continuously increasing and due the easy availability of internet in every corner of the world, it has got more difficult for the organizations to understand the user behaviour.
The data is large and so are the data sets. Traditional tools like MS Excel are not capable of holding this much data in any way.
About 97% of the global organizations are investing in Big Data & Artificial Intelligence.
With the rise of data analytics tools like Pandas, Matplotlib and Seaborn, working on huge amount of data is getting easier with each passing day. Technologies like Machine Learning & Artificial Intelligence are making it sure to increase the information ease.
You’re reading the article, Invest in data & it will give you returns.
If you’re an organization who sell any product or any service, you can understand the need to analyze the data in modern scenario.
According to McKinsey, Data-driven companies are 23 times more likely to acquire customers.
Here’s the last advice of the day: Invest in Data.
There’s not a better thing that you can do and do it right now. If you’re an organization who are looking forward to invest in data and need any assistance, you can get in touch with one of the best data-driven companies in India at their official email: email@example.com
If you’re a student or a fresher who wants to pursue a career as a data professional, you can explore these amazing Data Analytics Certification Programs by Console Flare.
If you’re a working professional and want to boost your profile in the data science domain, you can explore this amazing industry-standard Masters in Data Science With Power BI Program by Console Flare.
Hope you liked the article. Please share your thoughts in the comments section below. For more such articles, visit our LinkedIn Page.