digital universe opportunities & challenges...
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Digital Universe Opportunities & Challenges0100001001101001011001110010000001000100011000010111010001100001
Digital Universe?
Images
Videos
Digital TVFinancial
Data
Monitoring Data
TollsTraffic
Parking Meters
Voice Calls
Text Messagin
g
Security Logs
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
Data Geography
Emerging 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 2012
Cost & Investment Projections
Projected higher demand will result in lower cost per gigabyte. Source: IDC's Digital Universe Study, sponsored by EMC, December 2012
True Value
Holding 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 2012
Opportunity
Surveillance footage
Embedded and medical devices
Entertainment and social media
Consumer Images
Source: IDC's Digital Universe Study, sponsored by EMC, December 2012
Challenges
2020 data security and protection will out pace digital universe itself
Only half the information that needs protection has protection
Source: IDC's Digital Universe Study, sponsored by EMC, December 2012
Endless Benefits
“Data 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