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Business opportunities of the expanding digital universe

Like the physical universe, the digital universe is large – by 2020 containing nearly as many digital bits as there are stars in the universe. It is doubling in size every two years, and by 2020 the digital universe – the data we create and copy annually – will reach 44 zettabytes (44 trillion gigabytes).

In this video Vernon Turner explains how all of this data can help make your organization more competitive!

As more of the world goes online, including the physical world, the more opportunity there is for enterprises (and consumers) to use data in new ways – to learn about customers, speed business cycles, flatten organisational structures, and transform themselves into companies designed for what is called the “Third Platform” of the digital age, a platform built upon a foundation of cloud computing, mobility, social networking, and Big Data.

To maximize that opportunity, though, requires following certain imperatives for IT organisations. Information security will need to be tightened, for example, and information privacy will need to be ensured. IT organisations will need to provide the appropriate security permissions to allow for data to be queried regardless of where it is stored, giving rise to virtual “data lakes”.

At Gist we can help your organisation to become more data- and software-driven by planning and implementing an IT network for you

"The EMC Digital Universe study – with research and analysis by IDC – is the only study to quantify and forecast the amount of data produced annually. The 2014 report projects the growth of the digital universe through 2020."

A summary of this study can be found here: http://snip.ly/fbu26 

 

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