The Immense Value Behind Data Enrichment

Techopedia defines data enrichment as “processes used to enhance, refine or otherwise improve raw data.” Raw data is just the seed, and data enrichment is the light needed to grow it into a strong, useful, and valuable mechanism for your business. Ultimately, the goal of data enrichment is to boost the data that you are…

Data Monetization: How to Profit from Big Data

https://www.inzata.com/wp-content/uploads/2018/05/lumen5-video-2.mp4 Humans produce around 2.5 quintillion bytes of data daily. However, over 90% of data collected is never read or analyzed. Data monetization is the process of putting your data to work, resulting in economic benefit.   In many businesses, the amount of data that goes unanalyzed is much higher, approaching 100%. We’re spending millions to collect…