Company: Intel UK
| Category: Master Data Management
| Published: October 2012
It used to be said that we live in an information economy, but the truth is that we live in a data economy: one step removed from turning that data into real information. Data is a tradable asset, but one that needs to be "cashed in" - turned into business intelligence - for the enterprise to truly profit from it.
In other words, it is no longer enough simply to horde vast amounts of data; organisations now need to invest in the data-analysis tools and the human skills needed to explore it, interrogate it and mine it to extract all of the valuable business information it may contain.
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