The New Frontier of Value Creation: Digital Data Streams
- Published:
- September 2012
- Research Type:
- Article
- Figures:
- 7
Summary
Although we are surrounded by constantly evolving streams of real-time data, harnessing their power requires a shift in mindset from traditional, batch-oriented thinking. This article assesses how to acquire,
understand and use real-time, digitally generated data for new value creation. There are five approaches to DDS-related value creation:
- DDS generation
- DDS aggregation
- DDS-based services
- Efficiency
- Analytics
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