To Pluto and Back

Richard Wray, writing some time ago in The Guardian, pointed out that the volume of data held is now estimated at 487 billion GB.  To put this in perspective he explained that in printed form this would form a pile that would stretch to Pluto 10 times over.  The really staggering statistic, however, was that if this data were printed then the stack would grow faster than NASA’s fastest rocket.  I haven’t checked the stats, but a quick back of the envelope calculation suggests he’s in the right order of magnitude.

What does this mean?  Apart from the staggering numbers, it tells us that the problem for organisations isn’t holding large amounts of information – they already do that.  Nor is the problem necessarily how to index that information – increasingly they have defined information standards to do that.  The real problem is its continual growth – very few taxonomies or models properly account for the rapid rate of growth.

A new generation of Information Management techniques are starting to appear which are designed to deal less with the data you have now and more with the data that you are likely to gain in the future.  My next few blog entries will introduce a couple of these techniques for both structured and unstructured data.

Advertisements

About infodrivenbusiness

Robert Hillard is the author of Information-Driven Business, available through John Wiley & Sons. Find out more at www.infodrivenbusiness.com. Robert was an original founder of MIKE2.0 which provides a standard approach for Information and Data Management projects. He has held international consulting leadership roles and provided advice to government and private sector clients around the world. He is a Partner with Deloitte with more than twenty years experience in the discipline, focusing on standardised approaches to Information Management including being one of the first to use XBRL in government regulation and the promotion of information as a business asset rather than a technology problem. Find out more at www.infodrivenbusiness.com. The opinions expressed in this blog are entirely his own.
This entry was posted in Uncategorized and tagged . Bookmark the permalink.

One Response to To Pluto and Back

  1. Pingback: Will the growth ever stop? | Information-Driven Business

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s