Six out of every 10 UK businesses fear that the volume of data is growing faster than their ability to keep up, claims Data-to-Everything Platform provider Splunk in its new report, The Data Age Is Here. Are You Ready?.
Two-thirds (67%) of global respondents expect the quantity of data to increase by almost 500% over the next five years, driven by emerging technologies like Edge Computing, 5G, Internet of Things (IoT), Artificial intelligence and machine learning, Augmented and virtual reality and blockchain.
Two thirds report that at least 50% of their data is dark (i.e. untapped, unknown, unused) – 10% more than last year.