Data Analytics Will be the DNA of New Economy

The twenty-first century has ushered in a new age of data science and analytics. With the advent of automation, Artificial Intelligence (AI) and Machine Learning (MI) companies are slowly adapting and changing their learning curve towards software analytics. Data-driven innovation forms a key pillar for the sources of growth in the 21st century. The confluence of several trends, including the increasing migration of socio-economic activities to the Internet and the decline in the cost of data collection, storage and processing, is leading to the generation and use of huge volumes of data -- commonly referred to as "Big Data". These large data sets are becoming a core asset in the economy, fostering new industries and ecosystems, processes and products and creating significant competitive advantages.