India’s Digitalization: Big Data is the New Oil

... continue actively selecting new projects for investment and for strategy adjustment, as do other investors. Companies that appear not to have any tangible assets, not to make any money, and to accrue debt abound not only in developed countries but now in India as well and still continue to increase their investment potential, thus greatly befuddling traditionally-minded financiers. Yet, analysts increasingly have to admit that high-tech digital companies have unique sets of their clients’ big data, which allows these companies to increase their market share and make correct managerial decisions while constantly improving the functions or services they provide. Big data is becoming more and more important for governments as well. The quality ...