That is, the cost of turning raw data into actionable information.
This technology provides the ability to perform a variety of correlation techniques to integrate different sources, in order to turn data into useful information.
Nearly all of it is based on extracting information from observational data (turning data into information).
Many are trying to emulate the one chain that has set itself apart in "turning data to dollars," to use an industry term.
Data analysis (turning raw data into business insights and intelligence)
According to his theory, markets do not serve as efficient processors of information, turning data into stock prices that accurately reflect reality.
Another company, called Yseop, uses artificial intelligence to turn structured data into intelligent comments and recommendations in natural language.
"The challenge is for the graphic designer to turn data into information and information into messages of meaning".
Digitize, that is, turn voice, and sometimes data, from analogue into a digital form.
The deal also comes in the middle of an information revolution as easy distribution over the Internet has turned news and data into a commodity.