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Like the sprouting high-rise buildings and skyscrapers in metropolitan areas around the world, the amount of data generated by the digital revolution is simply incredible.
Some people estimate that it doubles every year.
A distribution company, for example, has to collect sales data from all of its branches on a daily basis. A credit card issuing bank has to keep track of every purchase made by its cardholders. A telco company has to be able to provide its customers with details on the calls that they make.
And the data growth that has to be maintained will continue to accelerate. Government regulations, for example, require that a patient's data is maintained for many years even after his death. Online activities such as social networking also contribute to the explosion of data as users share videos and photos with groups of friends and relatives.more
Some people estimate that it doubles every year.
A distribution company, for example, has to collect sales data from all of its branches on a daily basis. A credit card issuing bank has to keep track of every purchase made by its cardholders. A telco company has to be able to provide its customers with details on the calls that they make.
And the data growth that has to be maintained will continue to accelerate. Government regulations, for example, require that a patient's data is maintained for many years even after his death. Online activities such as social networking also contribute to the explosion of data as users share videos and photos with groups of friends and relatives.more
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