Experts ponder era of big data

Friday, June 17, 2011 - 14:30 in Mathematics & Economics

The era of big data has arrived. Last year, consumers and businesses around the world are estimated to have stored more than 13 exabytes of information on PCs, laptops and other devices - the equivalent of more than 52,000 times the information housed in the Library of Congress. An exabyte is 1 followed by 18 zeros, or a billion gigabytes.

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