Thread by @rhemrajani9

💹📊 𝑫𝒂𝒕𝒂 𝒂𝒏𝒅 𝑩𝒆𝒚𝒐𝒏𝒅 📊💹:

The amount of data that will be created over the next decade, will change the way we consume, analyze, store, visualize and receive it.

$NET $CRWD $TWLO $SNOW $PLTR $SMFR $FB $GOOGL $AMZN $MSFT $SQ 🧵👇...

1/ "In the coming decade, data will continue to beget data, to break boundaries, to drive innovation and profits, and create new challenges and concerns. "

Source - forbes.com/sites/gilpress…

1a/ cont'd: "Over the next few years, a new catalyst will be 5G networks, and by 2030, 6G networks with speeds of 1 terabyte per second."

2/ "Enterprises are increasingly relying on unstructured data for regulatory, analytic, and decision-making purposes. Unstructured data will power analytics, machine learning, and business intelligence."

Source - venturebeat.com/2021/07/22/why…

2a./cont'd: "According to the latest figures from research firm ITC, the volume of unstructured data is set to grow from 33 zettabytes in 2018 to 175 zettabytes, or 175 billion terabytes, by 2025."

3/ "Particularly for companies seeking to enter a new market or compete with established competitors, investing in scalable data systems early, building processes that automate and...

accelerate insight generation and distribute the decision-making process can build a more sustainable advantage."

Source - builtin.com/operations/fut…

4/ "By 2023, 75% of organizations will have comprehensive digital transformation (DX) implementation roadmaps, up from 27% today, resulting in true transformation across all facets of business and society."

Source - idc.com/getdoc.jsp?con…

5/ "Because this tsunami of data is going to totally reshape the business landscape in the next decade. It will unleash new business models, give birth to innovative new products and services, disrupt existing markets and players,

and give rise to an entirely new set of players who will become the new market leaders. Incumbents will stumble and some may cease to exist altogether."

5a/ cont'd: “Machine data intelligence” is the next frontier of insight and competitive advantage for the enterprise. Having been a part of the “data processing” industry for the past four decades,

there is no doubt in my mind that companies that learn to harness and leverage this data will be the clear winners in their respective industries."

Source - circonus.com/2020/06/why-th…

6/ In summary, the speed, scale and growth of data will enhance many sectors, and automate a variety of areas.

s/o @HappyCamper140 for sharing the initial visual with me.

Who wants clean data? 😅

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