India's 'Dark Data' Crisis: Why Experts Warn Of Million-Dollar Losses

India's businesses are grappling with a "dark data" crisis, where vast amounts of unutilized data lie dormant, leading to potential million-dollar losses. Experts argue that firms should focus on extracting greater value from existing data rather than perpetually amassing new information. This issue is significant because it highlights the need for smarter data management strategies, which could be crucial for leveraging advancements in artificial intelligence. The crisis underscores a broader challenge in maximizing the efficiency and effectiveness of data utilization across industries.