The Digital Transformation moves activities and processes to the cyberspace, hence it shifts the focus to data. Data are being used in the cyberspace assembly line to create value and these data are the raw material that will be converted into services or products using a variety of transducers (like …
Read More »The Data Economy fuels the Digital Transformation
As I pointed out in previous posts, the bit economy lowers transaction costs, often reducing them to zero (or very close to zero). This is true for the data economy as well, that leverages on these low transaction cost to enable a restructuring of the value chain. Along with this, …
Read More »From Atoms to Bits: the Data Economy is real. Part VI
The bit economy is fueled by sensors, converting atoms into bits. The data economy is fueled by virtual sensors. A sensor may be passive, you need to look at its value to get it, or it may be active, it can transmit the new value as soon as it detects …
Read More »From Atoms to Bits: the Data Economy is real. Part V
An interesting angle to consider, that will also influence the regulatory framework and the pace of its evolution, is the value associated to IoT and, even more important from a regulatory standpoint, the one that can “emerge” from IoT in terms of data leverage. Some estimate this potnetial leveraged value …
Read More »From Atoms to Bits: the Data Economy is real. Part IV
The bit economy is fueled by sensors, converting atoms into bits. According to General Electric and Cisco there will be a trillion sensors active at the end of this decade. The data economy is fueled by virtual sensors. Now a sensor may be passive, you need to look at its …
Read More »From Atoms to Bits: the Data Economy is real. Part II
The Data Economy The Industrial Economy is based on atoms, although in the last 50 years it has leveraged more and more on bits to make the manipulation (assembly, transport, use) of atoms more effective, to the point that most of today’s industrial economy would come to a screetching halt …
Read More »From Atoms to Bits: the Data Economy is real. Part I
Today I am giving a keynote talk at the Digital Economy Show in Guadalajara, Jalisco, Mx, at a Conference whose team is The Digital Transformation is here. In this and the following posts I will capture some of the thoughts I shared in my keynote. The shift from atoms to …
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