In today’s world, where information holds the highest precedence, it won’t be wrong to say, “Data is the new gold.” Every move we make now is a data point; running an errand to the supermarket where we earn points by scanning the app with our details filled out, making a reservation at a hotel, or signing up to watch a movie online, data today is digitized.
Importance of Digital Data
Until a decade ago, when paper records used to hold information, storing wasn’t the only problem; it needed to be organized for quick and easy access, but the major issue began when the number of records increased.