Data centers extract patterns, predictions, and other insights from raw digital information and extract value from computers. As devices become more connected, data centers power all kinds of online services and, increasingly, the world.
This new economy has many businesses trying to exploit a powerful economic engine called the “data-network effect” which uses data to attract more users, who then generate more data, which help to improve services, which, in turn, attracts more users and the cycle continues. This new information economy is beneficial for business owners to learn more about their customers increasing the benefits they can offer them.
The new information economy uses data to allow business professionals to learn as much as they can about their target audiences and the best ways to connect with these audiences. Thanks to this new information economy, John can not only reach his customers more effectively but more efficiently as well.