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Digital Universe Opportunities & Challenges

Digital Universe Opportunities & Challenges. 0100001001101001011001110010000001000100011000010111010001100001. Digital Universe ?. Growth. From 2005 to 2020, the digital universe will grow by a factor of 300 Source: IDC's Digital Universe Study, sponsored by EMC, December 2012.

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Digital Universe Opportunities & Challenges

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  1. Digital Universe Opportunities & Challenges 0100001001101001011001110010000001000100011000010111010001100001

  2. Digital Universe?

  3. Growth • From 2005 to 2020, the digital universe will grow by a factor of 300 Source: IDC's Digital Universe Study, sponsored by EMC, December 2012

  4. Data Geography • Emerging markets accounted for 20% of digital universe in 2005. • By 2020 this number is expected to grow to 62% Source: IDC's Digital Universe Study, sponsored by EMC, December 2012

  5. Cost & Investment Projections • Projected higher demand will result in lower cost per gigabyte.Source: IDC's Digital Universe Study, sponsored by EMC, December 2012

  6. True Value • Holding potential analytics value. • From now until 2020, the digital universe is projected to double every two years. Source: IDC's Digital Universe Study, sponsored by EMC, December 2012

  7. Opportunity • Surveillance footage • Embedded and medical devices • Entertainment and social media • Consumer Images Source: IDC's Digital Universe Study, sponsored by EMC, December 2012

  8. Challenges • 2020 data security and protection will out pace digital universe itself • Only half the information that needs protection has protection Source: IDC's Digital Universe Study, sponsored by EMC, December 2012

  9. Endless Benefits • “Data is no longer regarded as static or stale, whose usefulness was finished once thepurpose for which it was collected was achieved… Rather, data has become a raw material of business, a vital economic input, used to create a new form of economic value. In fact, with the right mindset, data can be cleverly reused to become a fountain of innovation and new services. The data can reveal secrets to those with the humility, the willingness, and the tools to listen” Source: Big Data by Viktor Mayer-Schonberger & Kenneth Cukier

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