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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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Assembly required: 8 myths about knowledge management debunked

CIO Business Intelligence

This knowledge, generated through observation, reflection, study, and social interaction, led to a new companywide policy: “Let the grinder warm up for 15 minutes,” resulting in millions of dollars of extra profit at no additional cost. Serendipitous interactions are important for creative, innovative, or nonformulaic activities.

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Stablecoins: Solving the cryptocurrency volatility crisis

O'Reilly on Data

This, of course, is in an effort to move forward the culture of open source, from static code branches sitting in source trees to living and evolving useful systems ready for live interaction, still egalitarian and open access in nature. With the rise of stablecoins, businesses incur smaller currency risks and transaction fees.

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Data Privacy in the Digital Age: A Right or a Luxury?

Smart Data Collective

The current digital economy runs on our data, and allowing these companies to collect it and process it for their benefit seems to be the cost of entry. Most people don’t realize just how much data is being collected whenever we interact with a digital platform.

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Goodbye Oracle Discoverer, Hello Next-Generation Reporting

Jet Global

Oracle’s 2014 Statement of Direction laid out its support strategy. Users who transferred from premier to extended support did not have the benefit of being certified with most new third-party products/versions (such as web browsers and Windows 10), or more new Oracle products. There is a significant risk with unsupported products.

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Replacing Oracle Discoverer: The Smart Way

Jet Global

However, fear of the unknown has left many companies afraid to implement a new reporting tool, yet the risk of staying with Discoverer increases day by day: Discoverer extended support ended June 2017. The longer you delay your move away from Discoverer, the greater the risk you’ll be left high and dry. Fewer reports to manage.

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Data Privacy vs. Data Security: Definition and Comparison

Alation

Both data privacy and data security are critical to mitigate financial, reputational, and compliance risks for enterprises. It is critical that firms view data security as part of governance, risk management, and compliance (GRC). Compliance risk is a commonality between data security and data privacy. Is your data protected?