Ninety per cent of the data in the world today was created in the last two years. It has been remarked, for example, that “[t]here was 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every two days, and the pace is increasing.”
1 Welcome to the age of Big Data. This data is being generated by sensors and humans, from practically everywhere, and at a blistering pace that surely will continue to only increase. As some refrigerators are now sold Internet-ready and prescription pill vials are now reporting on their status via the cellular network, there are big changes on the horizon.
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1 Google CEO Eric Schmidt. Techonomy Conference in Lake Tahoe, CA. August 2010.