Data harmonization is essential for generating actionable and accurate business insights. With accurate data, an organization can see significant impact on the bottom line. Sushil Jadhav describes his experience while troubleshooting a data accuracy issue for a client.
Big Data and analytics solution providers attempt to solve a problem that arises from having too much of a very desired thing – data. So much data is flowing in everyday from various media that it is already impossible to even measure how much data each organization processes everyday.
Take a look at these numbers:
- Data generated every year → 7 megabytes for each person by 2020
- Total data generated in two years = Total data generated in human history ever
- Less than 0.5% of data is analyzed and used