By Soroush Saki

Why data is called the new oil

TEHRAN - Have you ever wondered why people compare data to oil? At first glance, it might seem like a strange analogy. After all, oil is a physical resource that fuels our cars and powers factories, while data is intangible and lives in the digital realm. But this comparison is more than just a catchy phrase—it’s a way to understand the immense value and impact of data in our modern world. Let’s break it down.