“Power over business, democracy and education will likely continue to lie with data and data-dependent tools, such as machine learning and artificial intelligence” (Arvanitakis, Frances & Obst, 2018). Data has become focal in our ecosystem. Let’s take look around us. Data driven practices are presented in all walks of life, whether it being private or public: Smart phones, banking apps, Fit-bit, Uber, Netflix, Air B&B, Google Map, Smart Cities, Khan Academy, digital blood glucose meters, etc.

Data has surpassed oil in value. Since the story published by the Economist in 2017, “Data is the new oil” has become a widely…

Vicky Tran

UTS Student of Master of Business Analytics

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