Question: Explain how increasingly standardized data, access to third-party datasets, and current trends in hardware and software are collectively enabling a new age of decision making?

Explain how increasingly standardized data, access to third-party datasets, and current trends in hardware and software are collectively enabling a new age of decision making? Answer must include:

What trends in Hardware and Software are facilitating decision making?

Todays decisions are driven by what and based on what?

What is the Phrase of the day?

What is considered a "defensible source of competitive advantage", and what makes is so defensible?

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