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Big Data, On Demand

BIG DATA, ON DEMAND Everywhere you look, the quantity of information in the world is soaring. Mankind created approximately 150 exabytes (billion gigabytes) of data in 2005. In 2010 it created 1,200 exabytes. Merely keeping up with this flood, and storing the bits that might be useful, is difficult enough. Analysing it, to spot patterns and extract useful information, is harder still. Even so, the data deluge is already starting to transform business, government, science and everyday life. It has great potential for good-as long as consumers, companies and governments make the right choices about when to restrict the flow of data, and when to encourage it.' Storing Data In 2015, 7.9 Zettabytes of data are expected to be produced and replicated... 3 In 2011, ..enough information to fill 135.7 Billion 64 gigabyte iPads the digital universe became 10 times the size it was in 2006 3 2011 2006 BIG Big Data has been around for a long time between credit card transactions, phone call records and financial markets. Companies like AT&T, Visa, Bank of America, Ebay, Google, Amazon and more have massive databases they mine for competitive advantage. But lately, Big Data is finding its way to the smallest DATA startups. The Web and cloud computing brings Big Data everywhere. What is pushing Big Data forward? LITERACY TOOLS TECHNOLOGY 4.6 billion 2 billion Go gle amazon.com Between 1990 - 2005 1 billion + people worldwide entered the middle class. As they get richer they become more literate, which fuels information growth People have access to more powerful tools. There are 4.6 billion mobile phone subscriptions worldwide and 2 billion people use the internet Pioneers such as Amazon have given us the cloud which gives us the capability to run very large server clusters at a low startup cost Managing Data 80% The average cost of data management is It is estimated that 80% of a company's data is unstructured data, making it difficult to manage and interpret for business use 3.5% of an organization's revenue7 Search The emphasis on the network and surrounding infrastructure will shift from optimizing storage to optimizing search that can then be appropriately analyzed for deep-dive results %24 $4,000,000,000,000 The four most difficult types of data to deal with in data warehousing projects: 5 In 2009, the world spent nearly $4 trillion on hardware, software, Legacy data 32% services, networks and IT staff 8 ERP data 18% Internal data 18% 75% of the data that time per day employess spend searching for the right information Internet data 10% exists today is a copy Organizations that apply advanced analytics successfully have: Learning from Data 33% $12x H15× more profit growth 6 more analytics use 6 more revuenue growth € What does the future of Big Data look like? Trend forecasting and predictions Increased Portability of data across all your devices virtualization in the cloud 1. The data deluge. The Economist. February 25,2010. http://www.economist.com/node/15579717 2 Big Data Is Less About Size, And More About Freedom. Tech Crunch. March 16, 2010. http://techcrunch.com/2010/03/16/big-data-freedom/ 3. The Diverse and Exploding Digital Universe. IDC. 2007 4. Businesses unable to analyse 90% of their data: IBM. October 27,2011. http://www.computernewsme.com/tag/information-on-demand-conference-2011/ 5. Learn to Manage Data, Not Crises. Computer World. http://www.computerworld.com/s/article/70089/Learn_to_Manage_Data_Not Crises 6. Big Data, Better Insight, Smarter Planet. Steve Mills. October 24, 2011. http://asmarterplanet.com/blog/2011/10/big-data-better-insight-smarter-planet.html 7. The High Cost of managing Data. Forbes. October 11, 2010. http://www.forbes.com/2010/10/08/legal-security-requirements-technology-data-maintenance_2.html 8. To Manage Big Data, You Need Smarter Storage. Forbes. August 22,2011. http://www.forbes.com/sites/ciocentral/2011/08/22/to-manage-big-data-you-need-smarter-storage/ edCetra edCetra Training.com Infographic: Big Data, On Demand by edCetra Training Inc. is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.

Big Data, On Demand

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Everywhere you look, the quantity of information in the world is soaring. Mankind created approximately 150 exabytes (billion gigabytes) of data in 2005. In 2010 it created 1,200 exabytes. Merely keep...

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