VentureBeat May 10, 2022
Kolawole Samuel Adebayo

Information exchange enables industry leaders across sectors to efficiently access and manage data. For companies to leverage the boundless possibilities of data, they must invest in building their data networks. Today, organizations are creating and consuming data at a rate that Statista predicts will hit 180 zettabytes by 2025.

Unfortunately, some challenges prevent enterprises from tapping into the data economy. Categorizing data is difficult, especially for organizations that don’t understand how to do it. The costs of exchanging data are also enormous.

In healthcare, data is aiding doctors, nurses and other medical practitioners in providing excellent patient care. Healthcare researchers can utilize new insights for drug discovery and development, offering terminally ill patients a chance at full recovery.

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