Since 1947, when the transistor was successfully demonstrated at Bell Laboratories, the world has experienced a data boom. It has achieved unprecedented computing power and other advancements in technologies such as mobile communications, transportation, genetics, medicine and space exploration.
By 1996, we could produce, alter and keep information beyond just paper. Digital storage, now cost-effective, has only grown more diverse since.
Today, our smartphones are practically an extension of our arms and we cannot work without laptops, generating and transmitting 59 zettabytes — the equivalent of 59 trillion gigabytes — in 2020.
For businesses and organisations, there has been no point in history when there has been so much information to know about customers, marketing as well as product and service development. A Bloomberg Businessweek Research Services survey found nearly 97% of respondents say their companies have adopted analytics.
If you plan to join this explosive field, you’ll need