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At our current pace, the world produces 2.5 quintillion bytes of data each day. This means that we accumulate 90 percent of all the data in the world every 2 years. And, as the Internet of Things expands, data production will continue to grow at an exponential rate. It has been predicted that by 2025 the amount of data created in the world each year will reach 180 zettabytes. That’s up from 10 zettabytes in 2015.
The amount of actionable data is growing so fast that organizations can’t keep up. You know that simply compiling and reporting data falls short of providing the intelligence you need to make decisions. This won’t ever allow you to reach the level of analytics effectiveness. To gain an action-oriented perspective on your data that will positively impact your business, your analytics must be fast, accessible, and flexible.
Ultimately, the problem isn’t what to do with your data. The problem is how to complete an expanding number of data-related initiatives in an environment where talent is a scarce resource. Whether you’re just starting to develop your strategy surrounding data analytics and business intelligence, or you already have your strategy in place, you need qualified talent to achieve that strategy.
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