In today's era of smart data management, most of the data scientists are interested in drawing business insights with the help of various tools. So those of you who still may wonder what is "Data Modeling" or what is the "need" for data modeling, here is an interesting view:
Advantages
- Understand potential data sources
- Gauge the depth and width of hidden information
- Develop faith in overall business processes
Disadvantages
- Involves heavy financial investment upfront
- Cumbersome techniques that require professionals with niche experience
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