Digital oil: What is it?

Here are two new words to add to your IT lexicon: Digital Oil.

Federal CIO Vivek Kundra is using the phrase “digital oil” to describe the current state of information technology.

“What do you mean by that?” Alan Marcus, a senior director with the World Economic Forum USA, asked Kundra during a morning session at the National Institute of Standards and Technology’s Cloud Computing Forum and Workshop III on April 7.

“What I mean by digital oil is the infrastructure is as important as oil is for our broader economy,” Kundra said. “I have spent a lot of time talking about how we’ve gone from 400 data centers [in 1998] to 2,094 – the number keeps fluctuating,” across the federal government, he said.

Click here to read more of this blog post by Rutrell Yasin