The Importance of Data – and How You Can Harness it Yourself

The Importance of Data - and How You Can Harness it Yourself

An article by Marc Kavinsky, Editor at IoT Business News.

Unless you’ve been living a very isolated existence over the course of the last decade, you may have noticed that the world has been changing – and fast. Not only are our personal lives now incredibly suffused with the digital devices of the day but our workplaces and homes are also decorated by digital technology. And the exciting thing about this exponential growth in technology is that there’s been a simultaneous growth in data.

Although this statement may seem obvious for everyone, read on to learn why it’s important to check you have the right level of skills to get the best out of the new data paradigm – or if it is not the case, how you can train yourself to make use of the data that’s all around us.

What is Data

Data is incredibly simple. It’s binary code – that’s either 1s or 0s – organized in long lines and transmitted at near-light-speed across the world. These packages of information are what much of the digital economy is based upon – they help us look into the world from a different perspective, and judge things based on empirical evidence instead of hunches and biases. As such, data is seen as one of the crucial resources of our age – and it’s something that everything from your bedside clock to your dishwasher can produce and send to a centralized processing company.

The Importance of Data

So, why is data so important? Well, if you look at the ways in which some of the biggest companies in the world use data, you can quickly perceive how incredibly valuable it is for companies and governments to know more about their consumers, or citizens. Data is that information, and even if it takes a little teasing-out, eventually the data collected from individuals across the country can help governments plan policies, and companies plan new products and services to suit their ideal consumers. So nearly every organization in the world will be using data to drive success in the future – if they’re not already.

Getting Involved in Data

Now, you’re interested in the ways in which data can change lives – and they’re considered nearly infinite in the current climate of data hauls and processing. If you’re interested in taking your understanding to the next level, the perfect training is at hand, in the world’s best universities and colleges that offer data-specific courses. You can find a Data Science online degree to take in your own time, from the comfort of your laptop, to onboard these crucial skills that’ll build your career.

Working with Data

With the right qualifications, you’ll be able to take your skills and your knowledge to an employer, who will be happy to have you on their team to sort out their data, to make it useful, and to make it speak. The answers and insights that can be derived from data can lead to huge increases in profits for many of the world’s largest companies – and they’re always on the lookout for fresh and energetic new talent. Find jobs in some of the most cutting-edge industries in order to take your data knowledge to where it’ll really change the world.

Data is considered as the new oil – and the Internet of Things can be seen as a gigantic, growing oil field promised to deliver billions of valuable or critical data every day. And the professionals able to refine/process this precious resource has a bright future in front of them. Therefore, if you want to get your hands into the data, getting a degree in data science, and finding a job through those skills, is the best route to take.

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