Tuesday, May 17, 2011

Big data’s potential for businesses - By McKinsey analysts

Data are now part of every sector and function of the global economy and, like other essential factors of production such as hard assets and human capital, much of modern economic activity simply could not take place without them. The use of big data — large pools of data that can be brought together — will become the key basis of competition and growth for individual firms, enhancing productivity and creating significant value for the world economy.

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Art: Claude Oscar Monet - At Large- Open Sea

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