Article · Sep 2017 with 65 Reads
Organizations are inundated with data – terabytes and petabytes of it. To put it in context, 1 terabyte contains 2,000 hours of CD-quality music and 10 terabytes could store the entire US Library of Congress print collection. Exabytes, zettabytes and yottabytes definitely are on the horizon. Data is pouring in from every conceivable direction: from operational and transactional systems, from scanning and facilities management systems, from inbound and outbound customer contact points, from mobile media and the Web. According to IDC, “In 2011, the amount of information created and replicated will surpass 1.8 zettabytes (1.8 trillion gigabytes), growing by a factor of nine in just five years. That’s nearly as many bits of information in the digital universe as stars in the physical universe.” (Source: IDC Digital Universe Study, sponsored by EMC, June 2011.) The explosion of data isn’t new. It continues a trend that started in the 1970s. What has changed is the velocity of growth, the diversity of the data and the imperative to make better use of information to transform the business.
Topic : Big Data, Big Data Analytics, Business Transformations, Data Explosion