The world has seen many changes - from the Industrial Revolution 1.0 and Industrial Revolution 2.0, technological advancements and automation has been highly evolving and bringing our society along for the ride.. to the point that we are now in a new era. The era brought by the availability of technological advancements...we are now in The Information Age!
The Information Age basically emphasizes the use of data - digitized data. It may be surprising to you the amount of data we contribute to the various systems made available through IT. From our name, IDs, key strokes, search preferences, and now even (and possibly the most dangerous information transmitted)... our location - guess how? Through GPS, of course!
We transmit our location through our handheld devices even when we are unaware of it.
Many organizations are taking advantage of the large databases we create, and some are even banking on it. Amazing isn't it, how the use of IT has opened this new arena for business opportunities. Never before have we been able to see, use and analyse such big amounts of data - following this, consultancy services are on a rise for data analysis and management.
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