In the last decade, new technology has made advances in data storage and analysis to leverage the greater volume of data available. The digital universe made up of all the data we create and copy will only increase in the future. The International Data Corporation and EMC’s research says that the digital universe is doubling in size every two years and by 2020, will contain nearly as many digital bits as there are stars in the universe (reaching 44 trillion gigabytes). We now live in a period of time defined by data: Data scientists are the new must hire position yet, McKinsey & Co.’s research says that by 2018, the U.S. will experience a shortage of 190,000 skilled data scientists.
Read the full article >