Google on the "democratization of data"

Information technology has enabled the "democratization of data:" information that once was available to only a select few is now available to everyone. This is particularly true for small businesses. A decade ago, only the big multinational corporations could afford systems to allow for international calling, videoconferencing, and document sharing. Now startups with a handful […]

Information technology has enabled the "democratization of data:" information that once was available to only a select few is now available to everyone. This is particularly true for small businesses.

A decade ago, only the big multinational corporations could afford systems to allow for international calling, videoconferencing, and document sharing. Now startups with a handful of people can use voice over IP, video, wikis and Google Docs to share information. These technological advances have led to the rise of "micro multinationals" which can leverage creativity and talent across the globe. Even tiny companies can now have a worldwide reach.

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