Only 15% of data will be stored in the cloud by 2020
Computerworld – During the next eight years, the amount of digital data produced will exceed 40 zettabytes, which is the equivalent of 5,200 GB of data for every man, woman and child on Earth, according to an updated Digital Universe study released today.
To put it in perspective, 40 zettabytes is 40 trillion gigabytes — estimated to be 57 times the amount of all the grains of sand on all the beaches on earth. To hit that figure, all data is expected to double every two years through 2020.
The majority of data between now and 2020 will not be produced by humans but by machines as they talk to each other over data networks. That would include, for example, machine sensors and smart devices communicating with other devices.
So far, however, only a tiny fraction of the data being produced has been explored for its value through the use of data analytics. IDC estimates that by 2020, as much as 33% of all data will contain information that might be valuable if analyzed. Continue article on Computerworld.com