Exponential Growth of Data

After every two years the population of digital universe is getting doubled which will further increase the exponential growth of Data most probably by 2020. In comparison to the business data, the growth of machine data is increasing with the rate of 10 times. Whereas the data generated with machine is itself increasing with a very high rate. The explosion in this sector is due to the user’s need for adopting advanced technologies of data analytics. As we are now having access to powerful and cheaper computing platforms and different modern analytic software which is giving a huge increase to the exponential growth of data.

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