The Impact of Alternative Data on Data-Driven Business Decisions
In today's data-driven business environment, the ability to leverage diverse data sources is crucial for gaining a competitive edge. Traditionally, companies have relied on conventional data sources such as financial statements, market reports, and customer surveys. However, the emergence of alternative data has revolutionized business operations, providing new insights and advantages. This paper explores how alternative data is impacting companies that use large amounts of data to make business decisions and highlights some of the new alternative data sets being utilized.