Skip to Content

Data Analytics by the Numbers

A look at the trends that are making “big data” so big.
May 31, 2011

This month, Business Impact explored how leaps in technology are enabling countless data mining possibilities. The challenge facing companies is to figure out how to crunch the numbers so they can better serve their customers. One way of trying to solve this challenge is by tapping software, such as “business intelligence” applications.

Source: Gartner

When IBM recently asked 3,000 chief information officers what they sought most, 83 percent said data-analysis technologies were a top priority.

As we saw in the first story this month, data analysis has taken off largely because the cost of storing information has become nearly negligible. “Enterprise disk” refers to large storage drives used in data centers.

Source: Credit Suisse and Gartner

A recent report (PDF) from the McKinsey Global Institute, citing figures from IDC, examined which sectors of the economy have stored the most data, in petabytes.

Keep Reading

Most Popular

AGI is just chatter for now concept
AGI is just chatter for now concept

The hype around DeepMind’s new AI model misses what’s actually cool about it

Some worry that the chatter about these tools is doing the whole field a disservice.

Hoan Ton-That, CEO of Clearview AI
Hoan Ton-That, CEO of Clearview AI

The walls are closing in on Clearview AI

The controversial face recognition company was just fined $10 million for scraping UK faces from the web. That might not be the end of it.

Europe's AI Act concept
Europe's AI Act concept

A quick guide to the most important AI law you’ve never heard of

The European Union is planning new legislation aimed at curbing the worst harms associated with artificial intelligence.

Stay connected

Illustration by Rose WongIllustration by Rose Wong

Get the latest updates from
MIT Technology Review

Discover special offers, top stories, upcoming events, and more.

Thank you for submitting your email!

Explore more newsletters

It looks like something went wrong.

We’re having trouble saving your preferences. Try refreshing this page and updating them one more time. If you continue to get this message, reach out to us at customer-service@technologyreview.com with a list of newsletters you’d like to receive.