Archive for December, 2014

Executive Survey Shows the Benefits of Data Innovation Across the Whole Economy

posted by in Data, Global Markets December 10, 2014

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There are pervasive myths and misconceptions about how data innovation is transforming the global economy, from the idea that it’s all about so-called “Big Data” (in fact, analyzing even small data sets can produce useful insights) to the false notion that all data is personal information (when discoveries are being made from data sources such as wind turbines, jet engines, financial markets, crop harvests, traffic patterns and energy consumption).

Today we released a new survey that sets right another such myth — that big tech companies and Silicon Valley start-ups are the main beneficiaries of data innovation. The reality is that data tools are catalysts for innovation and growth across the whole economy, and the benefits of that innovation and growth accrue to society as a whole. (more…)