reasons for the growth of data activity

Reasons For the Growth Of Data Activity 





There are many reasons as to why data is growing and only keeps growing and i will cover some of these points here, for starters the digital world has only gotten more big and prominent over the last 10 years and so because of the digitization of everything now it has lead to a significant increase in data growth as technological advancements are made for example this can be from social media, mobile devices, online transactions etc. As i stated before the technological advancements more particularly in processing and storage make them have a lot more capabilities and not only that the the development of high performance devices nowadays makes it a lot more feasible to actually be able to handle all of this data growth without much worry. One of the biggest reasons for the growth of data actually comes from the growth of the internet and social media itself as the amount of people using all of these social media platforms and increasing the use of the online services makes this contribute to a vast amount of data being generated every day daily. Companies also use big data to gain a competitive leverage over their competition which is also why there is such a big growth not just in the social media world but in the business world too, the reason the companies use big data is because it actually allows them to analyse large datasets which in turn allows them to identify trends, patterns and any opportunities that show up and that can improve their overall performance as a company.

But in conclusion the growth of big data and data as a whole is a result of the technological advancements made, business advancements and the increasing data generation. Finally the ability to actually harness and use big data and derive value from it is very important and only continues to grow.

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