Generating data is the new power?

Measuring data

Domo publishes an annual Data Never Sleeps Wheel, listing the internet platforms generating most data. The chart here, taken from Visual Capital, shows which companies made the selection since the beginning in 2012.

  • To generate data, a platform needs users’ interaction – the more people use and interact, the bigger the amount of data produced.
  • By measuring the amount of data generated every single minute, Domo’s wheel also provides a snapshot of the leading platforms on the net in a given year.

Fame is fickle

Only very few companies have consistently been part of the Wheel over the years, showing how volatile the internet space can be, and how difficult it is to gain and maintain an edge vs competitors.

  • Those comanies that showed staying power, managed to capitalize on their strenghts and grow to become some of the biggest companies in the world.

Follow the money

Looking at the new companies coming up offers a glimpse on current hot trends. But also, turnover has increased. In such a rapidly changing environment how can investor identify companies with long-term staying power?  

  • Cash transfers, e-commerce and collaborative tools are now leading the data generation race.

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