Digital Universe Opportunities & Challenges
Digital Universe ? ImagesVideosDigital TV Financial Data Monitoring Data Tolls Traffic Parking Meters Voice Calls Text Messaging 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 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