The world is experiencing the greatest information explosion in history:
- 90% of the world’s data was created in the last five years, and most of it is unstructured. The volume, velocity, and variety of data are unprecedented.
- Gartner says by 2020, 25 billion connected things will be generating data 24x7x365.
This incredible expansion in the volume, velocity, and variety of data is the engine driving the torrid pace of innovation that we experience today. Companies everywhere strive to understand more about their customers through data, and are then trying to use that data to better service their needs. This data, when coupled with analytics and new applications that can be developed quickly and then easily updated, drives competitive advantage. Enterprises that harness the power of this data with new applications better and faster than their competitors will lead their industries.
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