With more and more people throughout the world connected to the Internet every day, the generation of data is growing at a nearly exponential rate. There are now more mobile devices in the world than there are people. With all of this connectivity, just how much data is generated every minute? The numbers are astonishing and are brilliantly illustrated in this graphic by DOMO, Inc.
As this graphic illustrates, people are using Internet-connected devices more and more in their daily lives. Data scientists are attempting to harness the power of the compiled “big data” from those devices for a number of purposes, from business initiatives to improving healthcare.