Innovation and complication are joined at the hip. To be innovative you must push past obstacles that arise. This was the case in the 1970s, when Abhay Bhushan created FTP and it is the case now with industries enduring continuous growth in data size. Big Data embodies all categories of large format data, this includes media files, seismic data, and health records. As it stands, data growth does not appear to have a cutoff point. Consider how popular owning an HD TV use to be a few years ago, it was the goal for at-home-entertainment. Now we are seeing 8K TVs waved in front of us, labelled as the “next trendy format.”
We have no choice but to grow with the rapid pace of technology. Research has shown that today, more than 5 billion consumers interact with data every day—by 2025, that number will be 6 billion, or 75% of the world’s population. It doesn’t come as a surprise to any generation that the world is continually adopting new technologies.
Eventually, Big Data will be fully absorbed into our daily routine and become mainstream in business, but until then there are several factors we must consider. To host this new amount of data, there will need to be alternative options available. In five short years, it is estimated that 49% of the world’s stored data will reside in public cloud environments. This means the cloud is going to increasingly become more important in business as well.
With Amazon Web Services, Microsoft Azure, and the Google Cloud Platform are a few of the top-performing cloud services that are currently available, Cloud data migration is becoming increasingly crucial to businesses. In addition, the speed in which this data is migrated is equally just as crucial. Without this migration, businesses would have to shift their infrastructure, utilize more personnel and increase workflow costs.
One concern that comes attached to Big Data, is security. With data growing in the direction of the 3Vs (volume, variety and velocity) we can expect to intensify our security solutions. It seems that every other day we hear about new devices with new capabilities. With these multitudes of changes, we will notice businesses struggling to meet the requests for digital resources while ensuring that they are not leaving themselves vulnerable to digital threats.
Before we realize it, the future will creep into the present. While the future may not necessarily contain hover cars, we are expanding the roadmap into new digital territory. Big Data can be expected to have a big impact on business. We are getting a better sense of what we will have to adjust to in the future, as long as the research is taken into account, the growing pains will not be an intense struggle. If you are transferring data and are curious to know how much time you can save by excluding TCP from your transferring routine, visit the FileCatalyst Bandwidth Calculator.
We are on the cusp of exciting changes in technology, the possibilities are endless. You can dive deeper into the facts about file transferring in our upcoming ebook “A Millennial’s Guide to Fast File Transfers.”
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