Data is the biggest asset and has been termed as today’s oil. Datafication of world is happening at a breath taking pace. From property to money to sentiments have already become data or would shortly be so. Data can broadly be divided into transient & latent data.
The general usage of data is on the transient mode where we use it for increase / decrease and some basic patterns. Beyond this, is the world of latent data where it is the synthesis of human imagination & technology deciding what it can deliver. The results of which is evident from the results emanating out of from Big Data to Artificial Intelligence.
Latent data , also known as ambient data, in its conventional avatar is the information in computer not referenced in file allocation tables, not viewable by the OS or the standard applications. The concept here is more ethereal; data all around in everything, untapped and therefore, latent. We have to specifically decide to measure it and see for what purposes it can be put use to.
“Latent Data” is generally as the secret sauce of the Internet of Things There are ”Stacks” within the IoT, namely, sensors, hubs, comms, cloud et al. Given the nature of data & its complexity, the real value will emanate out of “latent data.” ”IoT is an emerging set of technologies, protocols and patterns for the collection, aggregation, analysis and actioning of intrinsic, latent data, and the management of this process.”
Latent data can be regarded as potential data. The data so far had been silo’ed for a specific purpose . The bondage has to be broken. It has to be put to much wider access & usage than for which it was originally designed.
LATENT DATA IS VALUE ADD TO DATA OPENING IMMENSE SOLUTIONS & POSSIBILITIES.