The main challenges business face in data science

The use of data to run the business, as well as to enhance user engagement and improve the customer experience, has gradually become an essential discipline in business strategy and operations.Many businesses recognize the importance of data-driven decisions, however how to derive value from the data is a different challenge. Fundamentally, organizations face the problem of aggregating data from numerous sources, often in silos,accommodating varied data elements, and integrating them in unified formats that can support easy access and immediate extraction. While companies want to be metrics driven, a great number of businesses don’t know how to use the data and what are the right questions to ask. At Structure Data 2016, data science and data analysis experts discussed the data-driven revolution, how it is becoming mainstream in most industries,…

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