So you might think once why I am Curious today about data. You know what, Surfing through internet I really came across some cool facts about data which I just love to share with you guys and I really am glad to share these with you Beautiful people out there as I also get amazed by the fact which even I can't believe.
For those who like brainfood on your vacation, here’s a handy index of all my articles from 2021 boiled down to (occasionally cheeky) Facts to help you avoid/cause awkward silences at family events and holiday parties πππ.
- Every 2 days we create as much information as we did from the beginning of time until 2003;
- Over 90% of all the data in the world was created in the past 2 years;
- The total amount of data being captured and stored by industry doubles every 1.2 years;
- And, here's a special one – If you burned all of the data created in just one day onto DVDs, you could stack them on top of each other and reach the moon – twice.
- Less than 0.5% of all data we create is ever analyzed and used;
- 73% of organizations have already invested or will invest in big data by the end of 2016;
- A 10% increase in data accessibility will result in more than $65 million additional net income for the typical Fortune 1000 company;
- By 2020, there will be more than 50 billion smart connected devices in the world, collecting, analyzing and sharing data;
- In 2015, an estimated 1 trillion photos were taken and billions of them will be shared online;
- By 2017, nearly 80% of photos will be taken on smart phones and most will become searchable data;
- We perform 40,000 search queries every second on Google alone, 1.2 trillion searches per year;
- By 2020, about 7 megabytes of new information will be created every second for every human on the planet;
- Bad data costs US businesses alone $600 billion annually;
- Big data will drive an estimated $232 billion in spending in 2016;
- 70% of data is created by individuals, but enterprises are responsible for storing and managing 80% of that.
- Less than 0.5% of all data we create is ever analysed and used.
- A 10% increase in data accessibility will result in more than $65 million additional net income for the typical Fortune 1000 company.
- The US leads the data science market, requiring 190,000 data scientists by next year.
- Google uses about 1,000 computers to answer every single search query.
- By 2020, there will be more than 50 billion smart connected devices in the world, collecting, analysing and sharing data.
- By 2025, the Data Science analytics sector in India is estimated to grow eightfold, reaching $16 billion.
- Last year, an estimated 1 trillion photos were taken and billions of them will be shared online.
- Nearly 80% of photos are taken on smart phones and most will become searchable data online.
- Every second 60,000 search queries are performed on Google and 1.2 trillion searches per year.
- By 2020, about 1.7 megabytes of new information will be created every second for every human on the planet.
- Data scientists earn more than the average IT employees.
- 1 billion pieces of content are shared via Facebook’s Open Graph every day.
- Bad data costs US businesses alone $600 billion annually.
- 70% of data is created by individuals, but enterprises are responsible for storing and managing 80% of that.
- There are nearly as many pieces of digital information as there are stars in the universe.
As always, we’ve provided the links to enable you to check out the source of each interesting big data stat. One thing is certain about the growth of big data in the world today – the extent to which it’s growing will continue to be amazing!
So, what do you think? What is your organization doing to combat increasing volumes of data? Please share any comments you might have or if you’d like to know more about a particular topic.
πΏπππππ & π½ππππππ...
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