Vertiv
Tuesday, June 11, 2019

Data as raw material of new economy

As capital or workers are considered, data asks for clues in the economic metrics of the countries. But the conventional approach to measuring productivity must be readjusted to calculate the volume of business generated by the so-called Data Economy. And for this, an international consensus is needed on what is the best method to measure it.

The data, generated by users, companies and governments, added to the latent deployment of 5G, are already considered as a fundamental input of any economic process. But the conventional approach to measuring the economic activity of a given country is not adapted to calculate the business volume generated by the so-called Data Economy.

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