While the ten oldest newspapers still in circulation almost exclusively began in Europe, none of these make it to the list of top newspapers by circulation today. An analogous comparison can be made for the oldest banks and insurance companies in the world too - when compared by their total assets or loss ratios, respectively. For most industry veterans, it is not for a lack of digitalization schemes that they haven’t been able to conquer modern markets completely, but - and I’m obviously biting off a lot more than I can chew - what that digitalization entails.
It isn’t enough that historical data is digitalized and suitably archived - what matters much more is whether the data is activated. Activated data is fresh (despite being old), malleable, and vocal. Activated data knows what it is.
Semantic web is already a magnificent achievement, in terms of categorizing and standardizing data on the internet. Domain knowledge graphs can even further build upon the semantic web idea to activate data, and enable organizations to make decisions and generate value.