IDC presented on August 4 its annual mid-year IoT review webcast, hosted by Vernon Turner, senior vice president and research fellow for IoT and Carrie MacGillivray, vice president of IoT & Mobile. Here are the highlights:
- An updated Digital Universe estimate of the amount of data created in the world annually (see above) forecast 180 Zettabytes (or 180 trillion gigabytes) in 2025, up from less than 10 Zettabytes in 2015 and 44 Zettabytes in 2020.
- Reaching the analytics phase of IoT: The actionable IoT Data–the IoT data that is analyzed and used to change business processes–in 2025 will be as big as all the data created in 2020. To make real time decisions, says IDC, “machine learning becomes important for the machine.”
- Growth rates: From 2020 to 2025, the volume of traditional data will grow by 2.3x; the volume of data that can be analyzed will grow by 4.8x; and…
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