Today, organizations understand the importance of good external data that can be integrated with internal data to train machine learning models. Our Machine Learning Dynamic Insights research showed that external data adds a significant value in gaining competitive advantage, improving customer experience and increasing sales. But getting the right external data for a particular requirement is not always easy. Internal data is usually not enough to train different models because of its narrow scope of usage and lack of relevance. Manual data acquisition methods are resource-intensive and can take weeks or months to get the data ready to feed into models.
