(also big data)
Datafication is a method that helps organizations convert everyday aspects, such as human behavior, economic transactions, and social interactions, into digital data by using cameras, sensors, and other data-collection devices. Then, computers store, analyze, and process the data to gain insights into improving business work and predicting human behavior.
Datafication has many benefits and uses. It improves decision-making, increases efficiency, and enables new insights and discoveries. Moreover, it helps cybersecurity experts identify anomalies and patterns that may suggest a data breach or other malicious activities. This is possible due to datafication’s ability to analyze data, user behavior, and system logs. However, datafication also raises concerns around privacy, security, and the potential misuse of data.
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