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But that's exactly it - if it's so cheap, why is data so valuable?
by ntsplnkv2 7y ago
But that's exactly it - if it's so cheap, why is data so valuable?
- jandrese 7y agoStorage is cheap, collecting the data is expensive. I mean this company had to run a national chain of hotels to collect this data. That's not easy.
- ntsplnkv2 7y agoOkay, then collecting the data is expensive. Storage being cheap really doesn't matter. You can store tons of unstructured data but that data isn't valuable until it is structured which takes time and money.
- jandrese 7y agoOrganizing the data is part of collecting it. For something like customer checkin data it would seem to be organized right at the point of collection. The clerk types your data into a database record and submits it to the store.