Digital Universe Opportunities & Challenges

  • View
    33

  • Download
    1

Embed Size (px)

DESCRIPTION

Digital Universe Opportunities & Challenges. 0100001001101001011001110010000001000100011000010111010001100001. Digital Universe ?. Growth. From 2005 to 2020, the digital universe will grow by a factor of 300 Source: IDC's Digital Universe Study, sponsored by EMC, December 2012. - PowerPoint PPT Presentation

Text of Digital Universe Opportunities & Challenges

Big Data Analysts & Opportunities

Digital Universe Opportunities & Challenges0100001001101001011001110010000001000100011000010111010001100001Digital Universe?Growth

From 2005 to 2020, the digital universe will grow by a factor of 300 Source: IDC's Digital Universe Study, sponsored by EMC, December 2012Data GeographyEmerging markets accounted for 20% of digital universe in 2005.

By 2020 this number is expected to grow to 62%

Source: IDC's Digital Universe Study, sponsored by EMC, December 2012Cost & Investment Projections

Projected higher demand will result in lower cost per gigabyte. Source: IDC's Digital Universe Study, sponsored by EMC, December 2012True ValueHolding potential analytics value.

From now until 2020, the digital universe is projected to double every two years.

Source: IDC's Digital Universe Study, sponsored by EMC, December 2012OpportunitySurveillance footageEmbedded and medical devicesEntertainment and social mediaConsumer Images

Source: IDC's Digital Universe Study, sponsored by EMC, December 2012Challenges2020 data security and protection will out pace digital universe itselfOnly half the information that needs protection has protection

Source: IDC's Digital Universe Study, sponsored by EMC, December 2012Endless BenefitsData is no longer regarded as static or stale, whose usefulness was finished once the

purpose for which it was collected was achieved Rather, data has become a raw

material of business, a vital economic input, used to create a new form of economic

value. In fact, with the right mindset, data can be cleverly reused to become a

fountain of innovation and new services. The data can reveal secrets to those with the

humility, the willingness, and the tools to listen

Source: Big Data by Viktor Mayer-Schonberger & Kenneth Cukier