Data is one of the most valuable assets that a business can possess. It sits at the core of data science and data analysis: without data, they’re both obsolete. Businesses that actively collect data may have a competitive advantage over those that do not. With sufficient data, organizations can better determine the cause of problems and make informed decisions.
There are scenarios where an organization may lack sufficient data to draw necessary insights. For example, a start-up almost always begins with no data. Instead of moping about their deficiencies, a better solution is to employ data acquisition techniques to help build a custom database.
This post covers a popular data acquisition technique called web scraping.