Why ignoring data science is business suicide

Earlier this month, Business Insider reported that retail giant Walmart has more than 1,500 data scientists and 50,000 software engineers--and it is seeking to hire even more to advance its artificial intelligence technology. Given that Walmart is primarily a brick-and-mortar retail outlet, this news tells us much about the role data science and AI are playing in every sector. As digital transformation fully takes over virtually every industry under the sun, leading companies all share one specific thing in common: they harness the power of data. Data utilization is no longer a luxury reserved for a handful of elite companies. Today, no matter the industry or size of your business, leveraging data is necessary to succeed. The value of data is finally being recognized in every aspect of a business.