India's digital information to grow 23-fold by 2020: IDC study - Livemint

Updated: Wed, Feb 20 2013. 05 34 PM IST Bangalore: Digital information churned out in India is set to see a 23-fold increase within seven years, driven by increased use of smartphones and tablets and greater access to the Internet, according to a study conducted jointly by research firm IDC and US data storage equipment maker EMC Corp. Digital bits captured or created in India in a year are expected to grow from 127 exabytes to 2.9 zettabytes in the 2012-2020 period, the study said. One exabyte is one billion gigabytes. One zettabyte is 1,000 exabytes. The study also said India's digital information is growing much faster than available storage. While in 2012 only one exabyte of storage capacity was available for every 3.4 exabytes of data, by 2020, data is expected to grow almost thrice to 9.4 exabytes for every exabyte of available storage, according to the report. "As companies are increasingly under pressure to better manage their business and align closer to their customers' needs, they are increasingly turning to a highly leveraged storage cloud to enable them to run complex business analytics that can be accessed by a broad range of client devices," said Venu Reddy, research director at IDC India. via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNETFjOHhSTeUyga0SYArEn74uGpZA&url=http://www.livemint.com/Industry/Zv64Ft5ja2DYBHL8YP5VTP/Indias-digital-information-to-grow-23fold-by-2020-IDC-stu.html

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