Article: Democratizing data: Why data literacy will be the most important new skill of the 21st century

Democratizing data: Why data literacy will be the most important new skill of the 21st century

Information is no longer scarce. In fact, it’s quite the opposite, most of us are drowning in information. The internet places the bulk of human knowledge at our fingertips. And on top of the written word, we have a brand new source of information — data.

In the past, collecting data was an arduous process. Imagine Galileo recording his observations with a quill and ink! Because of the scarcity of data, analysis was used exclusively by doctors, scientists, and mathematicians, and only on the toughest of problems.

But this is changing. The abundance of data combined with the evolution of analytics tools is creating a kind of post-printing press world of opportunity. Data collection, storage, and processing are getting both cheaper and easier by orders of magnitude. Like the printing press, these technologies are taking the fundamental human process of discovery from the hands of the few and giving it to the masses.

At RJMetrics, we’re participating in this development. Our goal is to give every business access to the analytical tools historically used by only the biggest companies in the world. To do that, we’re rebuilding them from the ground up to be 10x faster and 100x cheaper.

http://venturebeat.com/2014/11/07/democratizing-data-why-data-literacy-will-be-the-most-important-new-skill-of-the-21st-century/

But you, Daniel, shut up the words and seal the book, until the time of the end. Many shall run to and fro, and knowledge shall increase. (Daniel 12:4)

Advertisements