Blog Posts Business Management

The new global resource – DATA – will create many monetization opportunities by 2030

Blog: NASSCOM Official Blog

A silver lining, through the dark environmental clouds and stress events, is our ever growing data economy. Data is exploding, is more easily available, and is amenable to a multitude of tools to analyse, assess, predict, prevent, and prescribe action, increasingly in real-time. This surge in data will give rise to a new DATA-LED ECONOMY.

Data Equation

1 trillion connected “things”+ 6 billion data contributing consumers

= 175 Zettabytes of data by 2030

= 2/3rd machine-to-machine + 1/3rd human created

= 1/3rd real-time zero shelf-life data + 2/3rd storable

= Competence moving away from asset supremacy to the ability to initiate quick, ‘good enough’ corrective action

= Opportunities to sell equipment data for faster insights over competition + Edge analytics

= Trillions of dollars in data monetization business

Opportunities: personalized data for behavioural analysis and targeted ‘Segment of One’ marketing, machine-to-machine data exchange for self-evaluating and self-correcting equipment assemblies, zero-asset businesses based on data aggregation platforms, etc.

Technology Play: Big data analytics and AI on Cloud, Hyperscale data centers, Edge IoT and Edge analytics

Digital manufacturing, healthcare and retail will be biggest beneficiaries of the data economy. Read more in “Megatrends Shaping Future Tech Opportunities”.

 For more on technology industry outlook and emerging technologies in 2020 and beyond, read our research on “Technology Sector in India 2020 – Techade the New Decade”.

The post The new global resource – DATA – will create many monetization opportunities by 2030 appeared first on NASSCOM Community |The Official Community of Indian IT Industry| :)).

Leave a Comment

Get the BPI Web Feed

Using the HTML code below, you can display this Business Process Incubator page content with the current filter and sorting inside your web site for FREE.

Copy/Paste this code in your website html code:

<iframe src="" frameborder="0" scrolling="auto" width="100%" height="700">

Customizing your BPI Web Feed

You can click on the Get the BPI Web Feed link on any of our page to create the best possible feed for your site. Here are a few tips to customize your BPI Web Feed.

Customizing the Content Filter
On any page, you can add filter criteria using the MORE FILTERS interface:

Customizing the Content Filter

Customizing the Content Sorting
Clicking on the sorting options will also change the way your BPI Web Feed will be ordered on your site:

Get the BPI Web Feed

Some integration examples