The Data History: Transforming from a Side-Product to a Rising Economy
Becoming a winner or a loser depends on the steps you take starting from today
What data meant at the beginning of digitalization versus what it means today is completely different. Actually, “data” is a much broader perspective — covering also printed documents, photographs, architectural plans, and so on — but when we focus on “digital data”, the history dates back to the first computer invented in the mid-1900s. Since the beginning, some critical breakpoints expedite the total volume of accumulated data — the spread of computers, enhancements in storage and processing technologies, the internet, mobile, social media, IoT, digital twins, 5G, and I expect many more to come.
IDC predicts the world’s data will grow to 175 zettabytes in 2025.
What does all that mean?
At first, data was just a byproduct of our digitalized processes. Moreover, it would even be considered a burden due to the storage cost and operational load. Once we noticed the value potential of data, magically it turned into a strategic asset. And when this driving…
