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25 Surreal Facts about #BigData You Should Know

There have been a lot of negative connotations about the term “Big Data”. I watch DBAs cringe when you mention it. Whether or not you like the term, the fact of the matter is that we are now generating more data in the world and at an explosive rate – faster than we have ever seen. Take a look at this list of facts about how much and how fast we are generating data today.

  1. Over 90% of the world’s data was created in the past 2 years. [Source]
  2. In 2 days we generate as much data today as what was generated in our entire history up until 2003 [Source]
  3. The total volume of data being generated by industry doubles every 1.2 years [Source]
  4. Experts think that by 2020 the total amount of data in the world will grow from 3.2 zettabytes today to 40 zettabytes. [Source]
  5. Retailers could increase their profit margins by more than 60% through the full exploitation of big data analytics. [Source]
  6. Every 60 seconds we fire off 204 million emails, click 1,8 million Facebook likes, Tweet 278 thousand times, and post 200 thousand photos to Facebook [Source]
  7. About 100 hours of videos are posted to YouTube every minute and it would take 15 years to watch every video uploaded one day. [Source]
  8. Google processes an average of 40 thousand searches per second, over 3.5 billion in a single day. [Source]
  9. If you burned all of the data created in one day onto DVDs, you could stack them up and reach the moon – and back. [Source]
  10. It is believed that AT&T has the world’s largest database – its phone records database is 312 terabytes in size, and almost 2 trillion rows. [Source]
  11. 1.9 million Big Data jobs will be created in the US by 2015, and those will be supported by 3 new jobs created outside of IT – totaling of 6 million new jobs. [Source]
  12. Data transferred over mobile networks increased by 81% to 1.5 exabytes (1.5 billion gigabytes) per month from 2012 to 2014. Video makes up 53% of that total. [Source]
  13. The NSA is believed to analyze 1.6% of all global internet traffic – 30 petabytes (30 million gigabytes) daily. [Source]
  14. The Hadoop market is expected to grow from $2 billion in 2013 to $50 billion by 2020. [Source]
  15. Facebook users share 30 billion posts every day. [Source]
  16. 570 new websites are created minute. [Source]
  17. The number of electronic bits of data in existence is believed to have exceeded the number of stars in the physical universe in 2007. [Source]
  18. This year, there will be over 1.2 billion smart phones in the world which are constantly collecting data from sensors, and the growth is predicted to continue. [Source]
  19. The Internet of Things will mean that the number of devices that connect to the Internet will rise from about 13 billion today to 50 billion by 2020. [Source]
  20. 12 million RFID tags had been sold in 2011. By 2021, it is estimated that number will rise to 209 billion as the Internet of Things takes off. [Source]
  21. Data centers now occupy an area of land equal in size to almost 6,000 football fields. [Source]
  22. Almost as creepy as the movie Minority Report – Big data has been used to predict crimes before they occur– a “predictive policing” trial in California was able to identify areas where crime will occur three times more accurately than existing methods of forecasting. [Source]
  23. By better integrating big data analytics into healthcare, the industry could save $300 billion a year, according to a recent report – that’s the equivalent of reducing the healthcare costs of every man, woman and child by $1,000 a year. [Source]
  24. The big data industry is expected to grow from US$10.2 billion in 2013 to about US$54.3 billion by 2017. [Source]

So what is your Big Data strategy for your company? Still don’t think you need one?