Data that you need is worth gold, not data that you already have
▻https://hackernoon.com/data-that-you-need-is-worth-gold-not-data-that-you-already-have-5c60f934
New business requires new dataGold by Murat ÖzcanIt was early 2017 and it was only weeks after my start at the new institute for data science and entrepreneurship that I began to loose hope. Tons of companies had shown their interest to collaborate in research or with students on company assignments, the interest was overwhelming, but all of them had existing datasets that we were supposed to turn into gold.In this post I will argue that:Companies should strive for additional #revenue streams that have a positive impact on their continuity.Additional or new business requires new data, and this requires a new approach to data science projects.I have never created something meaningful new with old data. Yes, you can optimize existing processes, cut a lot of costs. But in a time of change, (...)