Online data is easy to share, easy to clean up and organize, and it can be accessed from anywhere. Today most of our data is in a digital format and online, and this presents huge opportunities. In the past data was stored on physical paperwork-but compared to digital files, paper records are slow and cumbersome. In just 60 seconds, there are 3,607,080 Google searches, 456,000 tweets sent, and Amazon rakes in $258,751.90 in sales, however not only is an unfathomably large amount of data produced and consumed every day, the percentage of digital data usage is continuously on the rise as well.įor businesses, data is the difference between thriving and fading away. Without it, companies can’t understand customer insights, determine their effectiveness, make budgetary decisions, correctly pay their employees, or perform day-to-day tasks.Ĭonsidering how critical data is to a business’s success, data loss can also lead to much more significant consequences such as operational shut downs and huge losses in revenue. accounting for 2,657,700 gigabytes every minute.
By Lauren Hilinski | Updated Novem| Data Backup | 6 min readĬurrently, the world’s daily data output reaches about 2.5 quintillion bytes-with the U.S.