Here's why data is being compared to oil:

1. Extraction: Just as oil is extracted from the ground, data is extracted from various sources such as sensors, social media, and transactions.
2. Refining: Data needs to be processed, cleaned, and refined to make it usable, just like oil needs to be refined to make it suitable for consumption.
3. Value: Data, like oil, has immense value and can be used to generate revenue, improve decision-making, and drive innovation.