2 Growth Stocks Turning Data Into Dollars
As more of the economy goes digital, plenty of companies are making the switch and end up generating significant amounts of data. Managing all that new data becomes a hassle, but it's only a small part of the broader challenge. These organizations have begun to realize that their data has real underlying value. For instance, they are finding that it can be extremely useful to monitor worker performance in ways the client companies never considered, and link tasks of thousands of employees in new ways that make operations even more efficient.
There is a whole new industry sprouting up to address this need. Today, we are focusing on two companies that offer tools to reveal the hidden performance the data is providing, and they are helping organizations leverage data into more revenue. Their ability to provide this service is helping them grow their own revenue. That suggests their stocks could be great long-term bets for your portfolio.
Let's find out a bit more about these two data-oriented growth stocks.
Source Fool.com
