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Data Is Expected To Double Every Two Years For The Next Decade

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This is the digital universe. It is growing 40% a year into the next decade, expanding to include not only the increasing number of people and enterprises doing everything online, but also all the “things” – smart devices – connected to the Internet, unleashing a new wave of opportunities for businesses and people around the world.

“Thanks to advancements in technology and connectivity, data creation is skyrocketing upwards, inundating companies with massive amounts of new, insight-rich information. This data is expected to double every two years for the next decade, hitting 45,000 exabytes in 2020.” said qz.com

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“In theory, businesses stand to gain tremendous value from this trove of digital material, but doing so can be overwhelming. These datasets are vast, varied, and ever mutating. In order to derive value from these assets, businesses need advanced tools capable of quickly parsing out relevant information and making connections across disparate data sources, both inside and outside of the enterprise.” said qz.com

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“Data Is Expected To Double Every Two Years For The Next Decade”