India's "Digital Information Pile" is continuously mounting: EMC
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
EMC Corporation has announced results of the EMC-sponsored IDC Digital Universe study, "Big Data, Bigger Digital Shadows, and Biggest Growth in the Far East - India", which revealed that the digital universe in India will grow 23-fold between 2012 and 2020. The digital bits captured or created each year in India are expected to grow from 127 EB to 2.9 ZB between 2012 and 2020.
India’s digital information explosion is being driven by proliferation of devices such as PCs and smartphones worldwide, increased Internet access within emerging markets and the boost in data from machines such as surveillance cameras or smart meters. Other contributing factors include increasing machine-to-machine communication (M2M), falling cost of technology, and digitization of TV, among others. Over time, the distribution of the bits within the digital universe by the country of origin will more and more closely mirror the distribution of population.
Rajesh Janey, President, EMC India and SAARC, said, “India’s digital transformation is happening at a rapid pace exposing gaps in technology investments that exist in enterprises today. These gaps exist in all aspects of digital information management, including storing, securing, managing and deriving value through analytics. It is largely due to a piecemeal approach as against an integrated roadmap.”
He further added, “Less than half a per cent of the digital information is analyzed today; businesses and governments need to recognize this and invest in understanding and tapping it.....See More