Question: How fast is data growing?
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Question: How fast is data growing?
To comment or answer this question please hit the 'Comment' tab.
Overall data growth is 50%
• Structured, which accounts for 20% of the total is growing at 20% CAGR over 5 years.
• Un-structured (and semi-structured, which includes email) is growing at 60% CAGR over 5 years.
Most users tell us that budgets are being cut by at least 20%, some 30% or more. We had a call today with a large bank and their six month storage budget was cut by 75% (happy days).So if we had to adjust for the economic slowdown we’d suggest:
• Overall growth will moderate to around 40%
• Structured would decline to 17%
• Unstructured would decline to 50%
That’s how we see it for the next 18-24 months.
Posted By:Wikibon Daemon| Mon Nov 24, 2008 07:28
Very interesting question - check out this YouTube video that talks about just how fast digital content is really growing. http://www.youtube.com/watch?v=rjKBsfk_O8c
Some interesting factoids:
There will be 1.5 exabytes of new information generated this year and that by 2010 the amount of online data is expected to reach a Yottabyte or 1,000,000,000 Terabytes! and the rate of data growth then is that it is expected to double every 72 hours. How do we store, manage and protect all that data?
Posted By:Steve Kenniston| Tue Nov 25, 2008 08:09
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17918 | Wikibon Daemon | 08 Nov 24 19:29:39 | |
17917 | Dvellante | 08 Nov 24 19:26:47 | New page: '''Question: How fast is data growing?''' To comment or answer this question please hit the 'Comment' tab.[[Category:Questions]][[Category:Archiving]][[Category: Information managem... |