Wednesday, October 12, 2016

Technology Video - notes

Technology Video - notes

Did you know?
  • By the year 2049 a $1000 computer will exceed the computational capabilities of the entire human species.
  • Data…the most precious raw material in the 21st century is:
  • Structured and unstructured
  • Private and public
  • Inside and outside the Organization
  • All of it…is growing…50% per month… 800% in the next 5 years
  • Data could be equal to 35 zettabytes by 2020
  • Harnessing Data & extracting value from data is a top challenge & priority for Business & IT
  • It's not just about volume…it's also about variety
  • New sources, New Devices generate mounds of Data every second of every day
  • Text messages
  • You tube videos
  • Facebook Posts
  • Twitter tweets
  • Blogs
  • Podcasts
  • Emails
  • Photos
  • Music
  • Human information…ideas…concepts…communications

  • 85% is unstructured…businesses can't manage it or extract value from it.
  • Consider that Facebook has more than 800 million active users and more than 75% are outside the U.S.
  • The number of text messages that will be sent today is greater than the population of the entire world
  • 294 billion emails are sent…every day. That's one every .00000015 seconds
  • 97000 Tweets sent every second. More than 400 tweets per minute contain a You Tube link
  • More than 250 million photos are uploaded to Facebook every day.
  • Viewers spend 2.9 billion hours on You Tube in a month equaling over 325000 years
  • There are more than 5.3 billion mobile phones…less than 22% are smart phones
  • # of smart phones will surpass # of installed PC's in 2013
  • The mobile device will be the world's primary connection tool to the internet by 2020
  • Only 4% of smartphones are protected with security software
  • There are over 200 million blogs online 34% of them post opinions about products and brands 90% of consumers TRUST these opinions
  • Today….1 in 2 leaders say they lack an effective information strategy. Only 2% can deliver the right information at the right time to support the right business decision. 1/3 of them say…more than 50% of their information is unconnected + undiscovered + unused
  • Most organizations make decisions based on their structured data only…that is just 15% of the picture. They lack 360 degrees view of…what is happening in their supply chain, with their partners, in social media channels, and the world around them.
  • …Is this a BIG data problem? …or a BIG opportunity?
  • …By the numbers…those who have an effective information strategy…outperform peers by 30%
  • Sounds like an opportunity

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