---
title: "Discussion on \"Importance of Data\" | Hashnode"
description: "Discussion on \"Importance of Data\". I'm not sure about you but I have heard this a lot lately, \"data is the new oil\"! Ever came across questions like, Why and even How? I mean how can data, which is not even a physical entity, be compared with oil?\nThat's where you learn to \"not take t..."
url: "https://hashnode.com/posts/importance-of-data/5ef8c763a0eb431699382474"
---

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# [Importance of Data](https://ritik-writes.hashnode.dev/importance-of-data?utm_source=hashnode&utm_medium=feed)

I'm not sure about you but I have heard this a lot lately, "data is the new oil"! Ever came across questions like, Why and even How? I mean how can data, which is not even a physical entity, be compared with oil? That's where you learn to "not take t...

Jun 28, 2020 · 4 min read · ritik-writes.hashnode.dev  
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-   [#data](https://hashnode.com/tag/data)

## Written by

[Ritik Kumar](https://hashnode.com/@ritik)

@ritik · Delhi, India

  
[View profile](https://hashnode.com/@ritik)

Data Science and Machine Learning Enthusiast

I'm a beginner in Data Science and Machine Learning and I try to share my experiences and learnings in this journey!

## Responses 1

Markdown supported · ⌘↵ to post

[Shivam singh](https://hashnode.com/@Shivam123)

[Jul 2, 2020](https://hashnode.com/posts/importance-of-data/5ef8c763a0eb431699382474/comment/5efda56a99983e5b54bf1d5f)

Great work, all the best

[Ritik Kumar](https://hashnode.com/@ritik)

[Jul 2, 2020](https://hashnode.com/posts/importance-of-data/5ef8c763a0eb431699382474/comment/5efda56a99983e5b54bf1d5f#reply-5efdbcb1ffab245a3e63557e)

Thank you so much!