Rising need for better information access tools

A recent McKinsey report found that data can play an important part for the world economy, strengthening the productivity and competitiveness of companies and the public sector, as well as creating considerable economic advantages for consumers. Provided that you can access and manage this data of course…
As millions of sensors are being embedded into devices such as cell phones, computers, smart energy meters and other industrial machines, massive amounts of data are being generated every day, both by companies and consumers, and also about companies and consumers. The report refers to it as the growth of “big-data”, defined as “datasets with a size beyond the ability of a typical database tools to capture, store, manage and analyze”. This increasing flood of information has highlighted a need for information structuring and access, but also given way to new possibilities of how to make use of this data.