Data volume to hit 1.8ZB in 2011

 

Summary

Reaching 1.8 zettabytes or 1.8 trillion gigabytes this year, world's information will increase over two-fold every two years, changing way firms manage and extract value from data, reveals new study.

Events

IBM Technology Conference & Expo 2012
May 22, 2012

One World Hotel, First Avenue, Bandar Utama City Centre, 47800 Petaling Jaya, Selangor

Echelon 2012
June 11 and 12, 2012

University Cultural Centre, National University of Singapore

Startup Asia Jakarta 2012
June 7 and 8, 2012

12th Floor, Annex Building, Wisma Nusantara Complex, Jl. M.H. Thamrin No. 59 Jakarta 10350, Indonesia

MMA Forum Singapore
April 23-25, 2012

Grand Hyatt Singapore

Worldwide information is more than doubling every two years, with 1.8 zettabytes or 1.8 trillion gigabytes projected to be created and replicated this year alone, according to a new study released Thursday.

Sponsored by storage vendor EMC and conducted by research firm IDC, the study found that in terms of volume, this amount can fill up 57.5 billion 32GB Apple iPads or is equivalent to every person in Singapore posting three tweets per minute for 1,670,000 years non-stop.

According to the study, enterprise investments in the this "digital universe" have increased 50 percent to US$4 trillion since 2005. EMC defines such investments to include cloud, hardware, software and services, as well as the manpower needed to create, manage, store and generate revenue from the information.

"Big data is forcing change in the way businesses manage and extract value from their most important asset--information," said Jeremy Burton, chief marketing officer of EMC, in the report.

IDC noted that the skills, experience and resources required to manage the flood of data and resources were not keeping pace with staffing.

And the data growth is expected to escalate, pushing up the volume of systems administrators will need to manage.

In fact, the research firm noted that by 2020, IT departments worldwide will need to administer 10 times the number of servers--both virtual and physical--50 times the amount of data, and 75 times more files which will be driven by the use of embedded systems including sensors. The number of IT administrators needed to manage this will grow by 1.5 times, IDC estimated.

In addition, while cloud computing still accounts for 2 percent of today's IT spending, IDC estimated that, by 2015, nearly 20 percent of information will be "touched" by cloud computing service providers and as much as 10 percent will be maintained in a cloud.

It identified technology and money as the forces driving this data growth. And while "information taming" technologies had driven down the cost of creating, capturing, managing and storing information to one-sixth of what it was in 2005, the digital universe's growth will continue to outpace that of storage capacity.

These new technologies which are increasingly dealing with real-time data can help organizations gain insights from their unstructured data, which accounted for more than 90 percent of the digital universe, IDC noted, adding that they would also aid in cutting costs such as deduplication, auto-tiering and virtualization.

However, while the data growth can be overwhelming, there is a silver lining. Burton said: "The chaotic volume of information that continues growing relentlessly presents an endless amount of opportunity, driving transformational societal, technological, scientific and economic changes."

Talkback

Add your opinion

In order to post a comment, you need to be registered. (Sign In or register below)

Post your comment

ZDNet Asia Live

RT @zdnetasia: Gartner: Mobile CRM gives better ROI than social. http://t.co/nTgj44H8

China hits back at Pentagon report on spy claims. http://t.co/CccR4SBM

China hits back at Pentagon report on spy claims http://t.co/YP380BYQ http://t.co/erFX4aVv #arcavir

http://t.co/VNaZtseV China hits back at Pentagon report on spy claims: Annual report by Pent... http://t.co/TvgCi5RE http://t.co/wiqY9ktt

#AntiVirus News: Mac users' indifference toward security 'worrying' http://t.co/spWS0CpU #AdAware

Mac users' indifference toward security 'worrying' http://t.co/BtVn1BAk
> expected! They still remember Mac vs PC ads
#infosec #news #apple

Pentagon report says China exploit US tech, conduct cyberespionage, China says it has been "unjustly criticized" http://t.co/P5wgqy6I #in

Mac users' indifference toward security 'worrying': 59 Jakarta 10350, Indonesia In light of the recent spate of ... http://t.co/Lxgnc1wM

Pakistan lifts block on Twitter - ZDNet Asia: Pakistan lifts block on TwitterZDNet Asia59 Jakarta 10350, Indones... http://t.co/61n85ajh

Pakistan lifts block on Twitter http://t.co/WHqoJOqm http://t.co/erFX4aVv #arcavir

http://t.co/VNaZtseV Pakistan lifts block on Twitter: Country restores access after briefly ... http://t.co/5gqegFWK http://t.co/wiqY9ktt

Pakistan lifts block on Twitter. http://t.co/y0arswpE

Mac users' indifference toward security 'worrying'. http://t.co/i7gZ8WVn

Mac users' indifference toward security 'worrying' - ZDNet Asia: Mac users' indifference toward security 'worryi... http://t.co/CD9pvW08

RT @zdnetasia: Mac users' indifference toward security 'worrying'. http://t.co/i7gZ8WVn

I reckon your view: "CRM is strategy, not software", if a company replicating the approach uses in ERP implementation into CRM, what they...

3 hours ago by wykoong on Gartner: Mobile CRM gives better ROI than social

This video will teach you about the Excel fill handle but also provide you with a workook to download... http://www.youtube.com/watch?v=...

20 hours ago by TradeBrother on A quick fill handle trick for Microsoft Excel

waiting...

2 days ago by eapete on What should count in a company's market value?

Boy, you've opened a can of worms now.

Wait for the rants & raves.

2 days ago by eapete on What should count in a company's market value?

I was puzzling before this whether to replicate the success formula we executed for a financial institute, and come out with a standard s...

3 days ago by wykoong on Drop the egos, copy ideas, then innovate