Saturday, April 25, 2015

Internet of Things Data To Top 1.6 Zettabytes by 2020 -Rhea Kelly, Campus Technology

The volume of data captured by the Internet of Things (IoT) will exceed 1.6 zettabytes by 2020, according to a recent forecast from ABI Research. That's a seven-fold increase from last year's 200 exabytes of data collected by IoT devices. Still, only a small portion of that data has been accessible for analytics. "The data originating from connected products and processes follows a certain journey of magnitudes," explained Principal Analyst Aapo Markkanen in a press release. "The yearly volumes that are generated within endpoints are counted in yottabytes, but only a tiny fraction of this vast data mass is actually being captured for storage or further analysis. And of the captured volume, on average over 90 percent is stored or processed locally without a cloud element, even though this ratio can vary greatly by application segment. So far, the locally dealt data has typically been largely inaccessible for analytics, but that is now starting to change." http://campustechnology.com/articles/2015/04/15/internet-of-things-data-to-top-1-6-zettabytes-by-2020.aspx

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