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Top 20 Interesting Big Data Facts you should know

Top 20 Interesting Big Data Facts you should know

Big data has been making big news everywhere. We’re only at the onset of a revolution which will touch every business and every life on this planet. But a lot of people and corporations are treating the concept of big data as a tool they can opt to ignore, when really, they are about to be run over by a steamer that’s big data. Listed below are top 20 facts which should convince anyone that big data needs their attention:

  1. The information volumes are exploding, more recorded information has been produced within the past 2 years that in all the previous story of the human race.
  2. Information is growing quicker than ever before in the past and by the year 2020, about 1.7 megabytes of new info is going to be generated each second for each human being on the planet!
  3. By then, our accumulated digital world of information will increase from 4.4 zettabyets today at about 44 zettabytes, or 44 trillion gigabytes.
  4. Every second we produce data. For instance, we do 40, 000 search questions every second, that makes it 3.5 searches per day and 1.2 trillion searches each year.
  5. In Aug 2015, more than 1 billion people used Facebook in just one day.
  6. Facebook users deliver on average 31.25 million messages and see 2.77 million videos each minute.
  7. We’re watching the huge increase in video and photos information, where each minute up to 300 hours of video are uploaded to YouTube!
  8. In 2015, a shocking 1 trillion pictures will be taken and billions of them will probably be shared online. By 2017, almost 80% of pictures will be taken on smart phones.
  9. This season, over 1.4 billion smartphones will be sent – all packaged with sensors capable of collecting all sorts of information, let alone the information the users create themselves.
  10. By 2020, we’ll have over 6.1 billion smartphone consumers globally.
  11. Within five years there’ll be over 50 billion smart connected devices in the world, all developed to collect, analyze and share information.
  12. By 2020, at least a 3rd of all information will pass throughout the cloud.
  13. Distributed computing is very real. Google use it every day to involve about 1, 000 computers in answering a single web search query that takes no more than 0.2 seconds to finish.
  14. The Hadoop marketplace is forecast to increase at a compound annual growth rate 58% surpassing $1 billion by 2020.
  15. Estimates suggest that by better incorporating large data, health care could save just as much as $300 billion a year, that is equal to decreasing costs by one thousand dollars a year for each man, woman, and child.
  16. The White House has already spent more than $200 million in data projects.
  17. For the usual Fortune one thousand company, only a ten percent increase in data accessibility will result in greater than $65 million additional net income.
  18. Advertisers who leverage the full power of data can increase their operating margins by just as much as 60 percent.
  19. 73% of companies have already invested in big data.
  20. Right now less than 0.5% of all data is ever analysed and used, simply imagine the possibility here.

The speed at which data and our capability to anlayze it is increasing, businesses of any size, big and small, will be utilizing a forms of data analytics to affect their businesses over the next few years. This is why planning a career in Big Data can be a great career move.