Retailer or a Data Company? Wal-Mart is Now Both

There are many classifications of businesses in the world, from aircraft manufacturers to candy stores. But the bottom line is that everyone is now in the data business.

Already, the lines have blurred between traditionally non-information technology companies and IT companies to the point where you can’t tell the two apart. But what’s really of value is not the software that’s being produced and shared, it’s the data that’s being generated and analyzed. This represents the future of many businesses — again, traditionally non-IT businesses — as they seek competitive advantage in a hyper-competitive global marketplace.

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