IDC Big Data and Business Analytics Forum 2013 | Events | IDC CEMA

According to IDC statistics, from 2005 to 2020, the global volume of data – the digital universe – will grow by a factor of 300, from 130 exabytes to 40,000 exabytes, or 40 trillion gigabytes (more than 5,200 gigabytes for every man, woman, and child in 2020). From now until 2020, the digital universe will approximately double every two years. IDC estimates that by 2020, as much as 33% of the digital universe will contain information that might be valuable if analyzed, compared with 25% today.

While in the early days, about one-half of the digital universe sprang forth just from the United States and Western Europe, and emerging markets accounted for less than 20%, the share of the digital universe attributable to emerging markets was up to 36% in 2012 and will reach 62% by 2020.

Although individuals were responsible for 68% of the information in the digital universe in 2012, enterprises are liable for nearly 80% of this data at some point during its digital life. The amount of information individuals create personally – written documents, photos, music, and so forth – is far less than the amount of information being created about them.

The quantity of information "files," or containers, in the digital universe is growing faster than the information itself, partly due to rapidly increasing volumes of embedded systems and the data such systems create. In the next five years, such files will grow by a factor of eight, yet the pool of IT staff available to manage them will expand only marginally. The digital universe is thus enormous, amounting to 1.8 trillion gigabytes in 500 quadrillion containers created and replicated in one year. And the quantity of data is more than doubling every two years!

What are the forces behind this explosion within the digital universe? Technology has certainly helped, by driving down the cost of creating, capturing, managing, and storing information to a sixth of what it was in 2005. The real impetus, nonetheless, is financial. Since 2005, investments in the digital universe among enterprises have expanded some 50% to $4 trillion – money spent on hardware, software, services, and staff, ultimately, to generate revenue.

As we all know, information is money. Being able to extract precisely the information needed at any given time is of immense value – a target in the sights of every CIO. Due to innovative solutions and technologies, not to mention the development of organizational best practices, we have now embarked upon a major period of change: Technology convergence is not only transforming the way we do business, it is also changing all aspects of our lives.

This new frontier presents challenges, of course, but it also presents unique opportunities to drive growth. To take advantage of these opportunities, CIOs must embrace the technologies and best practices that enable the enterprise to extract value from the massive volumes of data available. They must also guide their respective organizations in all aspects of this digital revolution, from fundamental organizational changes to the creation of new roles. The success of many enterprises in the coming years will depend greatly on CIOs' abilities to adjust business to the new realities of the digital universe.

Topics to be covered

  • Enterprise information management (EIM)
  • Unified information access (UIA)
  • Corporate performance management
  • Cloud-based and service-oriented technologies in BI
  • Hadoop, MapReduce, and the technologies behind Big Data analytics
  • Data warehousing and advances in database technology
  • Data quality standardization
  • Complexity and compatibility of data
  • Data protection, privacy, and confidentiality
  • Compliance in a Big Data environment
  • Cooperation and collaboration between business and IT

This event is best suited to

  • CIOs and COOs
  • IT directors
  • Business intelligence managers
  • Business development managers
  • Data warehouse managers
  • IT managers
  • Project managers
  • Other C-level executives

Representatives from the following industries

  • Public sector
  • Finance
  • Telecommunications
  • Utilities
  • Manufacturing
  • Wholesale and Retail


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