Data science has become powerful component in the business world but it still comes with its own caveats. First, a business has to make sure that the data they’re using is actual quality data. Making decisions based off non-quality data is a surefire way to negatively impact business.
The second is finding a way to effectively deal with the often huge amount of data collected. Businesses are collecting more and more data but in order to extract value from it the data needs to be well organized and accessible. All too often valuable data is lost because of poor data management.