ata [Information] Capital. Big Word. In management Information Capital usually described as a set of data which are valuable for organization and can be reached through different data storing systems, such as intro and internet systems, computer databases, libraries, information sharing networks and many others. - Wikipedia Whether it be from legacy systems, current systems, … [Read more...] about Use Creativity and Data Capital as a Revenue Source
internet of things
The Industrial Internet of Things (IIoT): Challenges, Requirements and Benefits
The idea of a smarter world where systems with sensors and local processing are connected to share information is taking hold in every single industry. These systems will be connected on a global scale with users and each other to help users make more informed decisions. Many labels have been given to this overarching idea, but the most ubiquitous is the Internet of Things … [Read more...] about The Industrial Internet of Things (IIoT): Challenges, Requirements and Benefits
5 Steps to Datafy Your Business and Be Successful
In the fast-changing world, it has become common to create new words by combining two words or linking it to the fication suffix. Examples of these include gamification and the latest is datafication. Datafication is the process of making a business data-driven. It involves collecting (new) data from various sources, storing them in a centralized location, combining them with … [Read more...] about 5 Steps to Datafy Your Business and Be Successful
Big Data And Wearable Tech In The Workplace
Big Data offers huge opportunities to improve both our professional and personal lives. It allows us to draw conclusions that we would not previously have been able to quantify and gives certainty to decision-making where there was previously doubt. There is, however, one big restriction to the Big Data industry, and it is a fairly rudimentary one: you have to collect the data … [Read more...] about Big Data And Wearable Tech In The Workplace
Why The Internet of Everything Will Change Innovation As We Know It
We live in a world where accelerated change is the only constant. Organizations and consumers are generating massive amounts of data, which will only exponentially grow in the years to come. More and more organizations see the value of a Big Data strategy and are changing their company towards a data-driven, information-centric organization. As a result, we will see an … [Read more...] about Why The Internet of Everything Will Change Innovation As We Know It