Forbes October 21, 2024
Data is real. We enjoy the use of real world substantiated and validated data inside our enterprise and consumer software applications every day. Although essentially digital (and often virtualized or abstracted) in its nature, data as a lifeblood is a real reality and it helps us encode the real world, often at the lightning-fast speed of streamed real-time data workflows.
But not all data is real. Some data can be synthetic. This is data that is created to accurately resemble the shape, size, regularity, sensitivity and value range of an information set that we know about, but can’t necessarily get access to for reasons relating to international or local governance stipulations, intellectual property regulations or personally identifiable information concerns.
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