The “Algorithm Economy” (AE) refers to companies that maintain a competitive advantage by being technically and culturally driven by data, analytics, and action. It's a strategy found in Don Tapscott's book on the digital economy in which he predicted that a connected world would drive disruption. The AE is the current state of that disruption.
Disruption, and opportunity, continue to spring from investments in big data and analytics. Smart companies are using these investments to drive business forward―and it's working. According to Gartner Inc., within the next few years, companies will be competing with custom and proprietary algorithms.
Watch this on-demand webinar with Shawn Rogers, Senior Director of Analytic Strategy, TIBCO.