Big Data and Agility Demands Threaten to Overwelm Financial Institutions

In the years to come, many experts forecast a more than 50% annual growth rate for the ‘digital universe’. Gone are the days of the terabyte, as the petabyte now lives at the top of the digital food chain. And if it hasn’t already occurred, the zettabyte will soon dominate the data landscape.

The age of Big Data is upon us – and it is here to stay. As data volume, velocity, variability and variety increase, so do the stresses on today’s software infrastructures when they can no longer make sense of data deluge.

Big Data continues to grow in popularity and accessibility for a variety of reasons. Big Data is tied to the massive growth in the digital foot print generated as everything knowable becomes digitized and new forms of communication that only exist within the digital realm continue to boom. And as more and more businesses – large and small – move into the online world in the name of ecommerce or transactional processing, the digital universe expands even further.

Learn how Big Data and Agility Demands Threaten to Overwhelm Financial Institutions and how DataDirect Connect can help.