Data is regularly described as the “new oil,” which is kind of true: There’s good money to be made by those who use it in clever ways. Data is also fundamentally unlike oil in that, in the right hands, it delivers more than profit — it provides insight and understanding. Before a company or organization gains any understanding from their data, they must first organize it and make it ready for analysis. That’s where data preparation comes in. What Is It? In simple terms, data preparation is work that involves collecting, consolidating and “cleaning up” a collection of data prior…
What Is Data Preparation and Why Is It Important?
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