The Digital Data Genesis And It s Impact On The Mgm Grand...

Technology trends are related to the widespread adoption of mobile platforms, the Green IT movement, the open source software, cloud computing and the digital data genesis phenomena. the amount of data that is used everyday speaks to the way that companies are evolving and businesses are updating. Our wiki will focus on the latest trend: the Digital Data Genesis and it s impact on the MGM Grand Casino-Las Vegas (Taylor). (Alyssa-Edited) Digital data can provide new opportunities for firms. Companies may have to deal with a high volume of transactional data, â€Å"capturing trillions of bytes of information about their customers and operations† (Vitari and Raguseo, p. 76) (Taylor). â€Å"Millions of sensors are embedded in the physical world in devices such as mobile phones, smart energy meters, automobiles, and industrial machines that sense, create and communicate data in the digitalized age†. (Vitari and Raguseo, p. 78) (Taylor). DDG further explained: When a process is â€Å"digitalized (e.g., a purchasing of a good on the Internet), it is carried out through a digital computer or device. When an entity is digitalized (e.g., an RFID-enabled good track), the company has the ability to access an informational representation of that entity (e.g., the position of a good along the supply chain), and generate relevant data from it† (Vitari and Raguseo, p. 84) (Taylor). . All of the data is generated in digital forms. To understand this concept, consider three examples, â€Å" the usage of RFID