Staying compliant
The number of individuals connecting to the internet is expanding at a rate of approximately 10 percent every year. Along with this expansion, we are also seeing more personal data being collected, curated, and stored for a variety of uses. Data is collected in many different ways, which include the following:
- Vehicles and navigation apps
- Online shopping and banking
- Health care and wearables that monitor fitness level
- Utility companies such as water, electricity, and gas
- Devices on the Internet of Things
Called big data, this digital ocean has the potential to do remarkable things that can improve our lives. Many companies see the value in using this data, for marketing campaigns, managing risk, improving the supply chain, and other applications. The data is fed into apps such as intelligent decision support systems, that optimize artificial intelligence to provide predictive responses.
Because of all of the data being exchanged...