Can Splunk Really Generate $1 Billion in Cash Flow By 2023?
A few years ago, IBM estimated we created 2.5 quintillion bytes of data every single day, and that 90% of all the data in the world at that time had been created in the previous two years. And data storage company Dell EMC forecast that between 2014 and 2020, the amount of data produced would grow from 4.4 trillion gigabytes to 44 trillion gigabytes, or 44 zettabytes.
Yeah, don't try wrapping your head around those kinds of numbers. It's not possible. Suffice it to say, we produce a lot of information, and big-data analytics -- the process of turning all of that data into a usable and actionable form -- has become big business.
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Source Fool.com
