Have you ever wondered how data is generated, processed, transmitted or stored across the digitized platforms across the world? Or how the world works with these data? Ever since the computers were invented, and were later connected to form a network, the whole process of data management took a fresh look at the requirement for the industry to pool all the resources and knowledge, and devise a framework which would guide the future of this industry.
Why the Need for a Framework?
If an industry is focused on integration of the global computing power to form a seamless, connected planet, a basic set of rules which would govern any sort of engagement in this industry becomes a necessity. Without a uniform framework for every player seeking to enter and engage with this industry, the playground becomes uneven for even the simplest of operations. People or organizations with more resources would dominate the industry and kick out the millions of small players looking forward to make a mark. The last thing a nascent industry, which is still being invented every day and domains being established in all segments, would want is the monopoly or duopoly of a few players, and create an online monarch or an autocratic rule for that matter.
How the Industry Came Into Being?
The whole digital world is some way connected to the science of data management- some generate the data, others process, transmit, receive, store, analyze, and then build further data sources to replicate the procedure all over again. Technically speaking, every bit of data generated multiplies exponentially within a matter of minutes, and this requires a well-defined system to be handled efficiently.
Any breakdown in this system would create utter chaos, and throw the whole planet into a sinkhole with depths unknown. Imagine the amount of data generated by social security programs commenced and funded by various governments of the world, only to be accessed by some unauthorized individuals or corporations, for either commerce, or to expose the data in response to some previous dwellings between the parties concerned. Even the data breach by a performing a simple free background check would be utterly disastrous as it could technically erode all the labor, capital and resources gone into it.
The Future of the Industry:
The whole extent and potential of the field of data sciences is too huge to be even described; the only way to keep moving forward is to implement the existing framework, and devise new rules of engagement using the experience gained from the work being done. Under constant monitoring of all relevant parties, this field, if brought under the wraps of a uniform global framework, would in principle be the most globalized version of the human society till date.
This mass of people, separated by geographical barriers, yet connected to each other at all times can be involved in the decision making process which is in the best interest of our planet, and converge on matters related to further advancements in science and technology.