Big data refers to the extensively growing rate of using data for company storage. According to computer experts, the world is creating more data than before. The astonishing rate of data production made it possible for the experts to point out that by the year 2020, there will be a 4300% increase in the data generated annually. One of the major factors why big data will be expanding during this time period is because of the shift by major companies from using analog technologies to digital technologies. Individuals and corporations are also contributing to the rapid increase in data generation, and by the year 2020, more than 35 zettabytes worth of information would have been produced.
Zettabyte is a type of data measurement that is equivalent to one trillion gigabytes. A single external hard drive, like the ones manufactured by HP, Toshiba, or other major brands, can store an average of one to two terabytes of data. A single external hard drive with one zettabyte of storage is equivalent to one billion pieces of external hard drives with one terabyte capacity or 500 billion external hard drives with two terabyte capacity. A study back in the years 2007 revealed that the entire human knowledge can fit inside a storage with a capacity of 295 exabytes, and this is equivalent to only 0.295 zettabytes Now picture this – since 2009, the amount of data generated by everyone amounted to 0.79 zettabyte. A year later, in 2010, the amount of information generated surpassed 1.2 zettabytes. 0.96 zettabytes worth of data was managed by companies during this period, with the help of data management programs. Five years later, in 2015, the total amount of data generated was at 7.9 zettabyte. Next year, the amount of data generated is projected to hit 35 zettabytes, with 28 zettabytes of information required to be managed because of its sheer size.
Individuals who are using the internet and digital programs are responsible for more than 70% of the total data generated, but the companies have the responsibility to manage around 80% of it. As a result, companies like Throttlenet began introducing services that would allow individuals to store and manage their data effectively. Experts do not know yet when will humans reach their limit of producing new storage, but as more technologies are developed, it is expected that the storage capacity in the near future will keep on increasing, and more people will still rely on firms to manage their big data. One of the strategies used by enterprises in managing big data would be relying on a database to secure all of the files being generated by the public. Unstructured data, like photos, audios, videos, and social media, contributed to more than 80% of file-based data storage. Scientists and computer experts had to work together to help manage these data, and they relied on some of the best databases on the planet to effectively manage the growing amount of data that is eating up a lot of storage.
Many companies are also encouraged by computer experts to start using data management programs to secure their files. Businesses in the United States are one of the most proactive when it comes to the protection of their customer data. Most companies rely on external storage devices like the hard disk drives to store this information. Others rely on the cloud, an online storage that has an annual payment required to keep the storage alive. These companies claim that their customer’s information is safely kept within their storage preferences, and with the dawn of big data management, companies are starting to think about which storage option is the best for them.
Computer experts are saying that storing information on a hard disk drive could be risky, as these items are prone to damage and it can wear after using it multiple times. However, storing in the cloud might be a better option since it is protected by the host. However, without a reliable internet connection, the files could not be accessed, and there is also a huge risk of the files being hijacked by hackers. Despite the disadvantages present in the most popular storage options, businesses continue to trust it. There is no other reliable option available in the world today, and scientists are still working on a new technology that would allow a more effective and efficient way to handle big data.