Seagate Advises Global Bus. Leaders & Entrepreneurs to Sharpen Focus on Data Critical to the Success of Global Bus. Impact
April 04 2017 - 12:00AM
Business Wire
Total Worldwide Data Will Swell to 163ZB by
2025 - 10 Times the Amount Today; Majority Will Be Created and
Managed by Enterprises
In response to a new study forecasting a 10-fold rise in
worldwide data by 2025, global data and storage leader Seagate is
advising business leaders and entrepreneurs to amplify their focus
on the mega trends driving data growth over the next several years,
and examine their business' course for the future value of data
from creation, collection, utilization and management.
The IDC white paper, Data Age 2025, sponsored by Seagate,
predicts data creation will swell to a total of 163 zettabytes (ZB)
by 2025; indicating that the decade centered around the conversion
of analog data to digital is being replaced by an era focused on
the value of data; creating, utilizing, and managing ‘life
critical’ data necessary for the smooth running of daily life for
consumers, governments and businesses alike. Consumers and
businesses creating, sharing and accessing data between any device
and the cloud will continue to grow well beyond previous
expectations.
Further, whereas once consumers were the primary creators of the
bulk of the world’s data, Data Age 2025 predicts this will shift,
with enterprises creating 60 percent of the world’s data in 2025.
Business leaders will have the opportunity to embrace new and
unique business opportunities powered by this wealth of data and
the insight it provides but will also need to make strategic
choices on data collection, utilization and location.
Virtually every enterprise, the white paper indicates, is being
affected by the major data-driving trends. Notable drivers of the
shift from primarily consumer-led to enterprise-driven data
include:
- The evolution of data from business
background to life-critical – By 2025, nearly 20% of the data
in the global datasphere will be critical to our daily lives and
nearly 10% of that will be hypercritical.
- Embedded systems and the Internet of
Things (IoT) – By 2025, an average connected person anywhere in
the world will interact with connected devices nearly 4,800 times
per day – basically one interaction every 18 seconds.
- Machine learning changing the
landscape – IDC estimates that the amount of the global
datasphere subject to data analysis will grow by a factor of 50 to
5.2 ZB in 2025.
- True mobile and real-time data –
By 2025, more than a quarter of data created will be real-time in
nature, and IoT real-time data will constitute over 95 percent of
it.
- Automation and machine-to-machine
technologies shifting the bulk of data creation away from
traditional sources – While data creation in the previous 10
years has been characterized primarily by an increase in
entertainment content, the coming decade will reflect the shift to
productivity-driven and embedded data, as well as non-entertainment
images and video such as surveillance and advertising.
“While we can see from this new research that the era of Big
Data is upon us, the value of data is really not in the ‘known’,
but in the ‘unknown’ where we are vastly underestimating the
potentials today. What is really exciting are the analytics, the
new businesses, the new thinking and new ecosystems from industries
like robotics and machine-to-machine learning, and their profound
social and economic impact on our society,” Seagate CEO Steve Luczo
said. “The opportunity for today’s enterprises and tomorrow’s
entrepreneurs to capture the value of data is tremendous, and our
global business leaders will be exploring these opportunities for
decades to come.”
IDC SVP Dave Reinsel said: “From autonomous cars to intelligent
personal assistants, data is the lifeblood of a rapidly growing
digital existence – opening up opportunities previously unimagined
by businesses. Technology innovation will be vitally important to
evaluate and fully activate the intricacies of what’s contained
within this large volume of data – and storage in particular will
continue to grow in importance, as it provides the foundation from
which so many of these emerging technologies will be served.”
For more information on the IDC White Paper, Data Age 2025,
including related infographics, visit www.DataAge2025.com
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more at www.seagate.com.
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Seagate Technology plcMedia Contact:Helen Farrier, +44 (0) 7500
838045Helen.farrier@seagate.comorInvestor Relations
Contact:408-658-1222IR@seagate.com
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