Data creation is occurring at a record rate. In 2010, the world generated over 1ZB
of data; by 2015, we will generate 7ZB a year. Much of this data explosion is the
result of a dramatic increase in devices located at the periphery of the network
including embedded sensors, smartphones, and tablet computers. All of this data
creates new opportunities to "extract more value" in human genomics, healthcare,
oil and gas, search, surveillance, finance, and many other areas. We are entering the
age of "Big Data."
1 ZB (zettabyte) = 1 with 21 zeros.
Big Data Market reaches $ 18 B, Heading For $ 55 B in 2017.