Business and the Digital Universe
For businesses around the world, the Digital Universe means huge opportunities and equally daunting challenges. How much will the Digital Universe grow in the coming decade, and where? How much (or little) data is secure?
The Digital Universe in 2020: Big Data, Bigger Digital Shadows, and Biggest Growth in the Far East. To read more and view the Interactive Report visit http://www.emc.com/leadership/digital-universe/iview/index.htm
EMC recently sponsored and have released the findings of a study by IDC which measures and characterizing all the digital data created, replicated, and consumed worldwide in a single year. The 2012 report projects the growth of the Digital Universe through 2020.
The study found that only a tiny fraction of the world’s Big Data potential is being realized, though the amount of useful data is expanding.
- IDC projects that the digital universe will reach 40 zettabytes (ZB) by 2020, an amount that exceeds previous forecasts by 5 ZBs, resulting in a 50-fold growth from the beginning of 2010
- This year’s study marks the first time IDC was able to capture where the information in the digital universe either originated or was first captured or consumed, revealing some dramatic shifts currently underway.
- The amount of data that requires protection is growing faster than the digital universe itself, yet levels of protection are not keeping pace.
- According to the study, 2.8ZB of data will have been created and replicated in 2012.
- Machine-generated data is a key driver in the growth of the world’s data – which is projected to increase 15x by 2020.
- By 2020, emerging markets will supplant the developed world as the main producer of the world’s data.
- The investment in spending on IT hardware, software, services, telecommunications and staff that could be considered the “infrastructure” of the digital universe will grow by 40% between 2012 and 2020. Investment in targeted areas like storage management, security, Big Data, and cloud computing will grow considerably faster.
The question is: