• What Is The True Value of Your Data?

  • Dec 6 2022
  • Length: 1 hr
  • Podcast

What Is The True Value of Your Data?

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  • Summary

  • The Buzz 1: IDC’s recent Global DataSphere Forecast, 2021-2025, predicts that global data creation and replication will experience a compound annual growth rate (CAGR) of 23% over the forecast period, leaping to 181 zettabytes in 2025. That’s up from 64.2 zettabytes of data in 2020 which is a tenfold increase from the 6.5 zettabytes in 2012. [idc.com] The Buzz 2: One zettabyte is equivalent to 1,000,000,000,000,000,000,000 (1021) bytes or about 250 billion DVDs. What’s causing the growth? The jump in 2020 was caused by people accessing online resources from home for work, learning and entertainment, but less than 2% of new data was saved. The remainder was created for immediate consumption and not stored for future use, or temporarily cached and then overwritten with more new data. [red-gate.com] Here's the scoop: Data is everywhere, in everything we do. All of this data can be a veritable goldmine for businesses that understand how to capture, save, analyze and use it correctly – easier said than done. Can your organization become more data-driven by harnessing the power of disparate data to make sense of it and extrapolate actionable insights? What about deriving value from the data you collect? We’ll ask Savvy Innovators Phil Vincenzes, Maria F. Glenski and Jenny Glenski for their insights on overcoming challenges with large data sets, how different industries optimize their data, and the potential value data can bring to your technology and human interactions. Tune in for What Is The True Value of Your Data?
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