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Leveraging Proprietary Data for Competitive Advantage
Having access to high-quality proprietary data is a critical aspect for organizations, especially in the context of building a sustainable competitive advantage. Developing a strong data strategy, understanding the unique data assets available, and identifying what sets the organization apart in terms of data access can significantly impact the company's success. Early hiring in the field of AI to manage and leverage data effectively is essential. By prioritizing data strategy and utilizing proprietary data, organizations enhance their competitive edge and increase their chances of success in the market.