Big Data Storage and Management Solutions
Thanks to the explosive growth of cloud computing, social media, online videos and more, enterprises are now creating and storing more data than ever before. Megabytes and gigabytes have given way to terabytes (trillions of bytes), petabytes (thousands of terabytes), even exabytes and zettabytes (1 million and 1 billion terabytes, respectively). And there’s no end in sight. Worldwide data stores are estimated to be growing by as much as 60 percent per year.
At the same time, data is becoming the new raw material of business. Data today has an economic value nearly equal to that of capital and labor. When stored, managed and harvested effectively, data can be an asset. For this reason, enterprises around the world are scrambling to dramatically improve their big data storage, processing and management solutions in an effort to acquire new insights.
New types of data need to be stored and analyzed, too. To be sure, today’s storage systems must still handle traditional structured data. But they must also increasingly accommodate a myriad of new types of unstructured data. This includes videos, online discussions, blogs and microblogs, voice messages and much more. While these types of data are “messier” than their structured counterparts, they hold the potential for providing far more in the way of actionable information.
Big Data Matters for All Business Sectors
What’s more, the Big Data phenomenon matters to nearly every business sector:
- Oil companies find that the ability to quickly access data helps them bring their oil out of the ground faster, and therefore make a faster financial return.
- Healthcare providers are digitizing their medical records and using new mobile devices that record data.
- Insurers are investing in business intelligence systems that can help them better assess risks, then exploit them for reward.
New technologies are helping enterprises harness the value of Big Data. These include virtualization, cloud computing, business intelligence and new, more-flexible databases. What these technologies share is an ability to scale quickly, help control costs and extract actionable information from today’s vast oceans of data.
Are you ready to derive meaningful business benefits from your own organization’s big data? CSC can help. With our 2,900 business intelligence consultants worldwide, CSC works closely with top technology vendors to help you convert today’s large and growing data volumes into meaningful, actionable information.
Search our Big Data Insights and Solutions