6.2.4 - Why Now? Big Data

Understanding 5 V's of Big Data

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How much data is generated each day?

500 million tweets are sent

294 billion emails are sent

4 petabytes of data are created on Facebook

4 terabytes of data are created from each connected car

65 billion messages are sent on WhatsApp

5 billion searches are made

By 2025, it’s estimated that 463 exabytes of data will be created each day globally – that’s the equivalent of 212,765,957 DVDs per day!

What Happens in an Internet Minute

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33 zettabytes in 2018 to 175 zettabytes in 2025

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Explosion of Healthcare Data

Total amount of global healthcare data generated in 2013 and a projection for 2020*(in exabytes)

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Source of healthcare data

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One-Third of world's Data is Generated by Healthcare

30% of the entire world’s stored data is generated in the healthcare industry. Worth more than $300 billion annually in reduced costs alone.

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HealthIOT - Will bring Massive amounts of Data

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5th State of Matter - DATA

Physicists claim information is the fifth state of matter

Physicists claim information is the fifth state of matter. By 2245, half of Earth’s mass could be converted to digital bits
50% annual growth in the number of digital bits produced

The Information Catastrophe

"We produce ∼1021 digital bits of information annually on Earth"

"∼350 years from now, the number of bits produced will exceed the number of all atoms on Earth"

"∼500 years from now, the digital content will account for more than half Earth’s mass"

Vopson 2020 - The information catastrophe.pdf1581.1KB