- Retailers could increase their profit margins by more than 60% through the full exploitation of big data analytics.
- The total amount of data being captured and stored in the industry doubles every 1.2 years.
- Over 90% of all the data has been created over the past 2 years.
It is calculated that by 2020, one third of all data will be stored, or will have passed through the cloud, and we will have created 35 zeta bytes worth of data. With this amount of increase rate of data storage, the Big Data Consultancy Companies help people manage their data and accelerate their profits.