What is the Benefit of Using Digital Data? (1) It can help you make informed decisions and improve online performance (2) Digital data is always 100% accurate. (3) Digital data allows you to save money on offline analytics (4) Using digital data allows you to reach more customers automatically.
By BYJU'S Exam Prep
Updated on: November 9th, 2023
The benefit of using digital data is that it can help you make informed decisions and improve online performance. In information theory and information systems, digital data is information that is represented as a series of discrete symbols, each of which can only take one of a limited set of values from an alphabet, such as a letter or a digit. A text document, which is made up of a string of alphanumeric characters, is an example.
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Benefits of Using Digital Data
By using different machines and programming languages, digital data can be easily analyzed by different technologies. The digitalization of data makes it easy to process and helps make better decisions. Unlike manually entered data, it is easy to access, process, and interpret digital data, which increases speed and efficiency.
The four main benefits of collecting data digitally are as follows:
- The cost of something has many components; it is not just the hardware
- Efficiency and quickness
- Data integrity
- Monitoring and visibility
Types of Digital Data
It can be divided into two major groups:
- Bitmap objects: Images, movies, and audio files.
- Textual objects: unstructured text in Microsoft Word documents, emails, or Excel spreadsheets.
Summary:
What is the Benefit of Using Digital Data?
Utilizing digital data has the benefit of enhancing online performance and assisting with the decision-making process. Digital data is information that is represented as a collection of discrete symbols in information theory and information systems. It is easy to store, process, access, and interpret, which means one can save time and energy while using digital data and ensure more accuracy as well.
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