barton1_Willy Deganello Shutterstock_motherboarddata Willy Deganello/Shutterstock

Age of Disruption

The year 2013 moved the world further into the Digital Age – a global epoch of changes whose likely impact on the world economy will be 2-3 times greater than that of the Industrial Revolution. Indeed, some 90% of the world’s total data were created in the past two years.

LONDON – The year 2013 moved the world further into the Digital Age – a global epoch of changes whose likely impact on the world economy will be 2-3 times greater than that of the Industrial Revolution. Some 90% of the world’s total data were created in the past two years. By 2020, the quantity of stored data could be 50 times greater than it was in 2010. Many pundits regard this massive explosion of data as the new oil, even a new asset class.

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