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    7 Data Collection Methods in Business Analytics

    Data is being generated at an ever-increasing pace. According to Statista, the total volume of data was 64.2 zettabytes in 2020; it’s predicted to reach 181 zettabytes by 2025.

    This abundance of data can be overwhelming if you aren’t sure where to start.

    So, how do you ensure the data you use is relevant and important to the business problems you aim to solve? After all, a data-driven decision is only as strong as the data it’s based on.

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    • One way is to collect data yourself.

    Here’s a breakdown of data types, why data collection is important, what to know before you begin collecting, and seven data collection methods to leverage.

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    What Is Data Collection?

    Data collection is the methodological process of gathering information about a specific subject.

    It’s crucial to ensure your data is complete during the collection phase and that it’s collected legally and ethically. If not, your analysis won’t be accurate and could have far-reac

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