Do You Have Enough Data For Machine Learning?

The fear of not having enough data can stall an enterprise's digital strategy. When you think you do not have much data, you stop to look at potential possibilities with existing data. However, it becomes a singular focus to collect additional data. You invest in making changes to your product to bring in sensors or vendors who coach you on how to collect additional data. Doing this without exploring what value you can bring in with existing data is equal to diversifying your portfolio without knowing your current asset allocation.