Less than 1 per cent of world's data analyzed: survey

Less than 20 per cent of world data is protected; opportunities abound for companies capable of protecting and extracting value from an expanding universe of data

EMC Corporation Wednesday announced results of the EMC-sponsored IDC Digital Universe study which found only 0.5 per cent of the world's data is being analyzed despite the unprecedented expansion of the digital universe.

The study, titled "Big Data, Bigger Digital Shadows, and Biggest Growth in the Far East", found that the massive amounts of data are being generated daily by people and machines and IDC projected that the digital universe will reach 40 zettabytes (ZB) by 2020.

The IDC noted that the amount would exceed the previous forecasts by 5 ZBs and would be a 50-fold growth from the beginning of 2010.

ICD said this year's study marked the first time IDC was able to capture where the information in the digital universe either originated or was first captured or consumed, revealing some dramatic shifts currently underway.

The study also found that the amount of data that requires protection is growing faster than the digital universe itself, yet levels of protection are not keeping pace.

According to the study, 2.8 ZB of data will have been created and replicated in 2012.

The study found that machine-generated data is a key driver in the growth of the world's data - which is projected to increase 15x by 2020.

By 2020, emerging markets will supplant the developed world as the main producer of the world's data.

The investment in spending on IT hardware, software, services, telecommunications and staff that could be considered the "infrastructure" of the digital universe will grow by 40 per cent between 2012 and 2020. Investment in targeted areas like storage management, security, Big Data, and cloud computing will grow considerably faster.

Other Key Findings:

- As cloud computing plays an even more important role in the management of Big Data, the number of servers worldwide is expected to grow tenfold and the amount of information managed directly by enterprise data centers will grow by a factor of 14.

- The type of data stored in the cloud will also experience a radical transformation over the next few years. By 2020, IDC predicts that 46.7 per cent of data stored in the cloud will be related to entertainment - not enterprise data. Surveillance data, embedded and medical data, and information created by computers, phones and consumer electronics will make up the remainder.

- The amount of information stored in the digital universe about individual users exceeds the amount of data that they themselves create.

- Western Europe is currently investing the most to manage the digital universe, spending US$2.49 USD per GB. The U.S. comes in second, investing US$1.77 per GB, followed by China at US$1.31 per GB and India at US$0.87 per GB.

- As the infrastructure of the digital universe becomes ever more connected, information won't reside within the region where it is consumed, nor will it need to. By 2020, IDC estimates that nearly 40 per cent of data will be "touched" by cloud computing (private and public), meaning that somewhere between a byte's origination and consumption, it will be stored or processed in a cloud.

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Article source: http://www.thethailandlinks.com/2012/12/13/less-than-1-per-cent-of-worlds-data-analyzed-survey/