Norco Technologies Blog

Norco Technologies has been serving the Maryland area since 1998, providing IT Support such as technical helpdesk support, computer support and consulting to small and medium-sized businesses.

Is Data a Commodity? Maybe Not, but It Is an Asset

data-commodity

The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.

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There is no question that a small business can benefit from technology, as has been proven time and time again. However, an issue can arise if a business bites off more than it can chew, so to speak, and ultimately creates a spike in costs....

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