It has been the most important tech trend since the 1990s. The only data missing has been data on data. “The single most dramatic example of this phenomenon of software eating a traditional business,” was Amazon, according to Andreessen. Software innovation has been very important in Amazon’s success, but more important have been its data mining skills and creativity. Moreover, each additional link between people, devices, and other online entities (“things”), accelerates the rate of data growth.

Source: Forbes June 30, 2019 13:07 UTC