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What is the Benefits of Real Time Data?

Jet Global

It’s no secret that more and more organizations are turning to solutions that can provide benefits of real time data to become more personalized and customer-centric , as well as make better business decisions. This immediate access to data enables quick, data-driven adjustments that keep operations running smoothly.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In