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Risk Information & Intelligence
Introduction
Events such as the rise of the personal computer in the 1970’s through to the development of the World Wide Web in the 1990’s has led us into what many may refer to as the ‘information age’.
The ‘information age’, which can also be referred to as the ‘digital age’, describes a time in human history where the advancement of technology from analogue electronic and mechanical devices to the digital technology available today has fundamentally transformed many aspects of the human experience.
Benefits of the digital transformation include:
Globalisation
The integration of people, systems, markets and economies.
Networks
The creation of large computing networks allowing vast numbers of people to interact simultaneously
Mobility
An enhanced ability to communicate and perform activities from virtually anywhere.
Productivity
Technologies have presented opportunities to increase value creation and reduce inefficiencies.
However, despite all of the benefits that have been acquired over recent years due to technological advancements, the ‘information age’ presents challenges that need to be managed.
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