Oracle Security Study Assesses Impact of Digital Identity in Today’s Business Economy

The report, conducted by the Economist Intelligence Unit (EIU) on behalf of Oracle, concludes that technology exists today to secure digital access and identity issues and help companies monetize their data assets responsibly. However, companies still struggle to come to terms with the right approach to collecting and securing this data. 

By 2020, more than 7 billion inhabitants of Earth will be using over 35 billion devices to communicate, collaborate, negotiate and perform transactions; there are approximately 8.7 billion connected devices today.

The surge will come quickly and organizations will scramble to take advantage of monetizing this digitally connected world. Identities are at the forefront as the digital passport to an online world of goods and services because a single view of an individual customer is the key to knowing that person better and building a deeper personal and business relationship with them.

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