Data is the new oil

April 26, 2011

Serious Stuff

Loved this abstract from a blog by 'media futurist' Gerd Leonard:

Getting too little or bad data — or not understanding it– will literally mean running out of gas in the middle of the desert. Therefore, the mission is to keep it all fueled up. And just like oil, there will be a myriad of issues (hopefully, not wars) that will arise with the responsible and fair practices of drilling, pumping, shipping, refining and dispensing of data.

An excellent metaphor for the crazy world of data!

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About Stephen Dale

Stephen is Director and founder of Collabor8now Ltd, (http://collabor8now.com) an organization focussed on developing collaborative environments (e.g. Communities of Practice) and the integration of knowledge management tools and processes to support business improvement. He is a certified knowledge manager with the Knowledge Management Institute (KMI) and the author of several published research papers on collaborative behaviours, knowledge management and information technology.

View all posts by Stephen Dale

One Response to “Data is the new oil”

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