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Dec 12, 2020 · Clive Humby, a British mathematician and data science entrepreneur, originally coined the phrase 'data is the new oil' and since then several others have repeated this phrase. In 2011, the senior vice-president of Gartner, Peter Sondergaard, took this concept even further.
We’ve all heard the phrase “data is the new oil,” and while it may sound like hype, the truth behind it is undeniable. Much like how oil transformed industries during the Industrial Revolution, data …
Nov 15, 2019 · It's clear that data really is the new oil and that the main impact on humanity isn't how tech giants are monetizing our attention units, but about how data can improve our lives.
Aug 25, 2017 · There was a time that oil companies ruled the globe, but 'black gold' is no longer the world's most valuable resource — it's been surpassed by data.
May 6, 2017 · Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. These titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook and...
Jan 21, 2025 · Data is undoubtedly the new oil in today’s digital age, acting as the driving force behind business decisions, innovation, and technological advancement. Just as oil once fueled the industrial revolution, data is now powering the digital economy.
These technologies all depend on availability and access to data. Data may be the new most valuable asset in the modern economy. As such, they will play an increasingly fundamental role as a parameter of competition, with many consequences for today's businesses.
Aug 29, 2024 · In recent years, the phrase 'data is the new oil' has become ubiquitous in tech circles and beyond. But what does this analogy really mean for businesses, consumers, and the global economy?
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