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‘Data the new oil’ and How Investors should position themselves for public companies involved in…
- Correlating the Data Revolution to the Oil Revolution, the comparison highlights how raw, unrefined resources undergo transformations to gain value in both scenarios.
- 1. Mining/Extraction phase involves locating and extracting crude oil, similar to data collection from various sources like user interactions and sensors.
- 2. Refining/Processing involves transforming raw materials into usable products, with data needing cleaning, transformation, enrichment, and analysis to unlock its value.
- 3. Storage for refined oil products and data requires secure and accessible solutions like data warehouses, data lakes, cloud storage, and on-premise data centers.
- 4. Delivery/Distribution of refined oil and data involves robust networks for transportation and dissemination to end-users and systems.
- Investors can capitalize on the data revolution by investing in public companies involved in data mining/collection, data refining/processing, data storage, and data delivery/distribution.
- Data mining companies include social media platforms, e-commerce, IoT firms, and market research/data providers.
- Data refining companies offer tools for data processing, AI, machine learning, database management, and analytics.
- Data storage companies provide infrastructure for storing massive data, such as cloud storage providers, data center REITs, and hardware manufacturers.
- Data delivery companies leverage refined data for products and services, including SaaS, telecom, digital advertising, fintech, and healthcare firms.
- Investment considerations include diversification, growth potential, competitive landscape, regulation, cybersecurity, ethical considerations, and ETF options for exposure to data-related themes.
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