They say data is the new oil. Besides the essential banality of this phrase, it’s also slightly misleading at least when applied to the financial services sector, particularly banks. Why? Because the phrase implies that owning financial data would prove a strategic resource for banks. This isn’t entirely true anymore, as the very idea of ‘data ownership’ has been turned on its head.
Why India needs a data sharing incentive model
Why India needs a data sharing incentive…
Why India needs a data sharing incentive model
They say data is the new oil. Besides the essential banality of this phrase, it’s also slightly misleading at least when applied to the financial services sector, particularly banks. Why? Because the phrase implies that owning financial data would prove a strategic resource for banks. This isn’t entirely true anymore, as the very idea of ‘data ownership’ has been turned on its head.