Efficient storage

In the digital age, the volume of data that’s generated and consumed has been growing at an unprecedented rate. This phenomenon, often referred to as the data explosion, includes vast amounts of information produced by various sources such as social media, IoT devices, and sensors.

Digital transformation in businesses and organizations further fuels this data growth. Companies are increasingly adopting digital processes, leading to a surge in data generation from customer interactions, supply chain activities, and internal operations. Social media and content creation platforms such as Facebook, Twitter, and YouTube contribute massively to this data deluge, with users generating vast amounts of posts, videos, and other content daily. Additionally, the demand for data-driven decision-making has led to the collection and analysis of extensive datasets, further amplifying the data explosion.

Data Explosion

According to the latest estimates, 328.77 million...