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The value of data in business and investing
Data is crucial for businesses, especially in the entertainment industry where it drives companies like Netflix and Amazon. The top companies in the public markets are now tech companies, leveraging data to improve customer interactions. Applying data to every aspect of business and investing is vital. One way to create value is through clean, actionable data, enabling good decision-making and understanding of business operations. Many companies lack this understanding and struggle with basic financial insights. Shane Parish, known for his work with data, contributes to the overall business by helping create scalable systems and empowering companies to make informed decisions through data-driven insights.