Making Sense of Big Data and Data Storage
IDC predicts a 50 times increase in the world’s data in the next ten years. On Fast Forward Blog, Author Bill Ives says in 2011 alone IDC reports that 1.8 zettabytes (or 1.8 trillion gigabytes) of data will be created. Weighing in on big data and data storage, Gartner agrees the volume within big data is a significant issue, but feels the real issue is making sense of big data and finding patterns in it that help organizations make better business decisions.
"According to David Reinsel, IDC’s vice president of storage and semiconductor research, the next step is to enable companies to better extract value out of their mountains of data, via big data analytics. “This is where real opportunities lie, and where some folks may miss the boat. As soon as big data success stories are advertised and people see that there is gold in their data … then you will find more companies desiring to put more data online.”