Storms of new data are growing bigger by the day, flowing in from social media, new internal corporate processes, retail and market transactions, electronic sensors and other machines. Especially machines.
The masses of new data follow technology innovation and by 2020 industry analysts predict there will be up to 30 billion devices connected to the Internet with unique IP addresses. This compares with 2009, when were a ‘mere’ 2.5 billion connected devices.
But what are we meant to do with the Things of the Internet? The amounts of data being created are so large that they are measured in quintillions of bytes – 2.5 quintillion bytes of new data are created every day.
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