Staggering Revelations About Big Data - 1234 Words

Staggering Revelations about Big Data According to the article, 2.8ZB of data has been created and replicated in 2012. The proliferation of devices such as PCs and smartphones worldwide, increased Internet access within emerging markets and the boost in data from machines such as surveillance cameras or smart meters has contributed to the doubling of the digital universe. IDC projects that the digital universe will reach 40 ZB by 2020, an amount that exceeds previous forecasts by 14%. Thus, data is not narrowed to big only; it is actually huge. Like, 40 ZB data is the equivalent of 1.7 MBs of new information created by the every single human for every second of the day. Developing countries like China and India are currently covering 36% of digital universe; the prediction says it will be increased up to 62% by 2020. So the companies will have numerous scopes to dig out more data and analyze them as per their requirement. Despite the unprecedented expansion of the digital universe due to the massive amounts of data being generated daily by people and machines, IDC estimates that only 0.5% of the world’s data is being analyzed. The amount of data that requires protection is growing faster than the digital universe itself. Less than a third of the digital universe required data protection in 2010, but that proportion is expected to exceed 40% by 2020. In 2012, while about 35% of the information in the digital universe required some type of data protection, only 19% of theShow MoreRelatedSeveral Entities That Were Considered Separate From Before1312 Words   |  6 Pagesseveral entities that were considered separate from before the consolidation, but now will be brought together under the parent company. Project Managers and management seem to be the only people who have knowledge about the roadmap of the project and what needs to be done (Pechau, 2011). 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