The explosion of connected devices and digital services is generating massive amounts of new data. Digital world is growing exponentially from 4.4 zettabytes (1021 or 1 sextillion bytes) of digital data created in 2013 to an expected 44 zettabytes by 2024. Digital information can be stored in different types of device depending on the use and how frequently the data need to be accessed. Hard disk drives are magnetic devices that allow storing terabytes of data for long time, however speed of access to the data is relatively slow (a few milliseconds).
As the volume, velocity, variety, value and longevity of both Big Data and Fast Data grow, a new generation of storage technologies are needed to not only support ever-expanding capacities, but ultimately help our customers analyze and garner insights into our increasingly connected universe of data, said Mike Cordano, president and chief operating officer at Western Digital.
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