Every day, we create 2.5 quintillion bytes of data -- so much that 90 percent of the data in the world today has been created in the last two years alone.
Those eye-popping figures were tallied by IBM … in 2012. Three years’ proliferation of sensors, mobile devices and Internet-enabled products has only multiplied the data collected about us on a given day. The challenge now, say experts at Bentley and elsewhere, is extracting value from that tsunami of information.
“Whether companies are large or small, established or brand new, they are all collecting data. The difference is that the successful ones are already leveraging it,” says Christopher Lynch MBA ’91, who works with young companies as a partner at venture capital firm Accomplice.
Related posts that are quoted in the article: Predictive Analytics: Data and Retail Expertise and A Data-Driven Game-Changer for Football
- Read more in Big Data from 30,000 Feet
“Whether companies are large or small, established or brand new, they are all collecting data. The difference is that the successful ones are already leveraging it,” says Christopher Lynch MBA ’91, who works with young companies as a partner at venture capital firm Accomplice.
Related posts that are quoted in the article: Predictive Analytics: Data and Retail Expertise and A Data-Driven Game-Changer for Football
