Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Big Data: Measuring the Digital Economy

Big Data: Measuring the Digital Economy

Jemison

Paperback

General Computers

ISBN10: 3384235878
ISBN13: 9783384235879
Publisher: Tredition Gmbh
Published: May 22 2024
Pages: 156
Weight: 0.52
Height: 0.36 Width: 6.00 Depth: 9.00
Language: English
The digital economy, encompassing online commerce, e-services, and platform-based activities, thrives in the shadows of traditional economic measurement. Big data steps in to bridge this gap. By analyzing vast datasets - online transactions, app usage, and digital content consumption - we can quantify the digital economy's true size and impact. This includes: - Mapping digital commerce: Analyzing online transaction data reveals the scope of e-commerce, a critical component of the modern economy. - Measuring platform activity: Big data helps us understand the value generated by online platforms like ride-sharing and marketplaces. - Tracking innovation: Analyzing online content creation and app usage provides insights into emerging digital trends and industries. Big data isn't a magic solution. Data quality, privacy concerns, and integrating it with traditional metrics remain challenges. However, by harnessing the power of big data, we can gain a more accurate and dynamic picture of the ever-evolving digital economy

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