image: govtech

Data is not the new oil or the infrastructure of the digital economy

January 24, 2018

Via: CIO

The world is awash in data. Every minute of 2017, Americans used over 2.6 million gigabytes of data, the Weather Channel received over 18 million forecast requests.  YouTube viewers watched over 4 million videos. Twitter users sent over 446 thousand tweets. Google conducted over 3.6 million searches.

Over 90 percent of the world’s data has been created in the last two years – over 2.5 quintillion bytes of data per day. As the internet of things gathers more and more data from sensing devices in everyday objects, the volume of data will only increase.

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