Data Deluge

March 9th, 2010

economist2

They say everyone gets The Economist, but no one reads it. Maybe because it’s part of the data deluge they talked about on the cover of their February 25 issue, a headline that convinced me to buy the issue and add their 16-page report to my own personal data deluge. I like having printed copies laying around, but you can save $6.99 and click here to get the full report.

Among the nuggets of info you’ll discover when you do:

  • By 2013 the amount of traffic flowing over the internet annually will reach 667 exabytes, according to Cisco, a maker of communications gear.
  • Wal-Mart, a retail giant, handles more than 1m customer transactions every hour, feeding databases estimated at more than 2.5 petabytes—the equivalent of 167 times the books in America’s Library of Congress.
  • According to a 2008 study by International Data Corp (IDC), a market-research firm, around 1,200 exabytes of digital data will be generated this year.

There’s all sorts of fun facts like these sprinkled throughout this report, which provides a fascinating contextual overview for the ocean of information we’re swimming in daily. It’s well worth reading … when you can manage to get your eyes above the waterline and find the time to do so.

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