If you think ‘Big Data’ is just a buzzword, here are a few facts:
- 90% of the data in the world has been created in the past two years
- By 2020 it is estimated that for every human being, 1.7 Megabytes of data will be created every second
- By 2020 it is estimated that the amount of digital data created in a year would reach 44 Zetabytes or 44 trillion gigabytes (Gant, 2007).
- By 2025 it is estimated that number will increase to 163 zettabytes (research group IDC).