Wealth of data no longer needs to be overwhelming

Wealth of data no longer needs to be overwhelming
Paul Toner, partner and head of consulting at KPMG

There are sophisticated tools to help businesses make sense of the information they have, says KPMG’s Paul Toner

Data is currently growing faster than ever before. According to the IDC Digital Universe Study, by 2020, we will be creating about 1.7 megabytes of new information every second for every human being on the planet. Our accumulated digital universe of data will grow from today’s 4.4 zettabytes to around 44 zettabytes, or 44 trillion gigabytes.

That’s an incredible amount of data, and within it, businesses can find a wealth of valuable insight. While previously, the amount of data...

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