Total Worldwide Data Will Swell to 163ZB by 2025 - 10 Times the Amount Today; Majority Will Be Created and Managed by Enterprises
Chandigarh: In response to a new study forecasting a 10-fold rise in worldwide data by 2025, global data and storage leader Seagate is advising business leaders and entrepreneurs to amplify their focus on themega trends driving data growthover the next several years, and examine their business' course for the future value of data from creation, collection, utilization and management.
The IDC white paper, Data Age 2025, sponsored by Seagate, predicts data creation will swell to a total of 163 zettabytes (ZB) by 2025; indicating that thedecade centered around the conversion of analog data to digital is being replaced by an era focused on the value of data; creating, utilizing, and managing ‘life critical’ data necessary for the smooth running of daily life for consumers, governments and businesses alike.Consumers and businesses creating, sharing and accessing data between any device and the cloud will continue to grow well beyond previous expectations.
Further, whereas once consumers were the primary creators of the bulk of the world’s data, Data Age 2025 predicts this will shift, withenterprises creating 60 percent of the world’s datain 2025. Business leaders will have theopportunity to embrace new and unique business opportunities powered by this wealth of data and the insight it provides but will also need to make strategic choices on data collection, utilization and location.
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