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Afford to Ignore Big Data. 7. Today's increasing amounts of data and data sources present both big challenges and big op
7
Big Reasons You Can’t Afford to Ignore Big Data
Today’s increasing amounts of data and data sources present both big challenges and big opportunities for business.
BIG DATA
Big Data expert Bernard Marr shares the following 7 proof points about why every forward-thinking organization needs to be ready to access all their data, anytime, anywhere from any source.
DID YOU KNOW? 1. Data is Rapidly Growing 1.7MB of new information will be created every second for every human being by the year 2020.
1.7MB 2. Data Volumes Are Exploding! More data has been created in the past two years than in the entire previous history of the human race.
3. Within the Next 4 Years at least one-third of all data will pass through the cloud.
4. Accessibility
10%
$65.7M
to just 10% more of their data can mean an additional $65.7M net income for a typical Fortune 1000 company.
5. Estimates suggest that by better integrating Big Data, healthcare could save as much as $300B.
$300B. 6. Retailers
60%
who leverage the full power of Big Data could increase their operating margins by as much as 60%.
7. Currently less than 0.5% of all data is ever analyzed and used.
