Datafication

Datafication is process which transforms aspects of our lives, tasks & interactions to data. In our more digital & interlinked world, datafication is where you get, analyze & execute data from diverse sources i.e. online tasks, sensors & gadgets. Trend quantifies real world events & behaviors, to turn them to vital insights for decision-making and innovation. Datafication influences industries like healthcare, finance, and retail, shaping how organizations operate and make informed choices based on the vast amounts of data generated daily. While providing unprecedented opportunities for analysis and optimization, datafication also raises important considerations related to privacy, ethics, and the responsible use of data in various spheres of life.