Big Data is Booming

There are three primary factors that impact business results:  people, processes, and information.

Human nature doesn't change much.  Processes can improve.  Meanwhile, information is growing at a transformative rate (both in quantity and quality).

Data is becoming the new currency.

Every day we create approximately 2.5 quintillion bytes of data … It's a staggering number.  

In contrast, realize that we sent men to the moon on less computing power and less data than what an average smart phone holds today.

Big Data is a burgeoning industry, earning vendors $46 billion dollars so far in 2016.  With the rate of growth for data creation at approximately 2x, it'll be interesting to see not only what big data does, and how it effects industry.

Click the image below to see the full infographic.

20161016 Big Data Snagit


via vcloudnews

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