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Choices in data management and analysis
Updated: 6 hours 40 min ago

Growth in machine-generated data

Fri, 2015-01-30 13:31

In one of my favorite posts, namely When I am a VC Overlord, I wrote:

I will not fund any entrepreneur who mentions “market projections” in other than ironic terms. Nobody who talks of market projections with a straight face should be trusted.

Even so, I got talked today into putting on the record a prediction that machine-generated data will grow at more than 40% for a while.

My reasons for this opinion are little more than:

  • Moore’s Law suggests that the same expenditure will buy 40% or so more machine-generated data each year.
  • Budgets spent on producing machine-generated data seem to be going up.

I was referring to the creation of such data, but the growth rates of new creation and of persistent storage are likely, at least at this back-of-the-envelope level, to be similar.

Anecdotal evidence actually suggests 50-60%+ growth rates, so >40% seemed like a responsible claim.

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