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We are embarking on a new era of digitization. Data has become ubiquitous and an integral part of our existence. 40% of the world populations are connected to the internet. By 2018, there would be more connected devices (machine to machine), overtaking the number of humans. As machines churn out more data, there will be a glaring need to store and glean them for more meaningful results. The technology, which had helped us for the last 3 decades, is slowly making way for more advanced technologies to store this humongous amount of data and analyze them. In 2013, 90 percent of the world’s data had been created in the past two years, and 80 percent of that is what’s called unstructured data, meaning clicks, comments, posts, pictures, chats, and so on. And while this digital exhaust often lives in different systems across the digital ether, the data is being aggregated. As the technology advances and more people use the internet, we are ushering our way into the era of digitization. Things will be different - with more advanced technologies,
What is listed here is just the tip of the iceberg - more efficiency will be unearthed as we evolve our technology and improve our networked economy. The list below gives some tips which can help us thrive in this world of digitization.
Digitization is the next disruption. We have to be ready for it or be disrupted. The next generation of successful entrepreneurs and corporations will be the one who comprehend this well. Don't you think so?
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