Data: The New Oil
Years long,oil an immense,untapped valuable asset of the 18th century ruled the economy of the country and became the world's most valuable resource. It was the key functionality of everything from government to local companies. Students then would have strived to create a career path around this industry or sector (Lolz). Fast forward... The 21st century a new particular wonder that amazes the world, which isn't limited to a sector,profession, and career path emerges which is DATA . The emergence of data in every field has changed the course of work activities, data just like oil when refined gives you detailed information about the results and decisions to take. DATA Compared with Oil •Information can be extracted from data just as energy can be extracted from oil. •Traditional oil is finite, data availability seems infinite. •Data flows like oil but we must “drill down” into data to extract value from it. Data promises a ...