Usefulness of data

We are used to gathering data, businesses do and so do governments. This garbaged data is not much useful by itself but only by mining it with a specific focus – a purpose. This data is only useful if it is used and merely just collecting it does not make it any useful but might cost you hundred of thousands of dollar in storage costs.

So look at your systems. What data are you gathering and what can you use it for? Will you use it at all? How can this data help you serve customers better by creating an even better product? What is the expiry date of data that you are collecting?

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s