Remove 2025 Remove Document Remove IBM cost
article thumbnail

Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. B y 2025 , t he world will produce slightly over 180 zettabytes of data.

Big Data 130
article thumbnail

How to Build a Data Governance Strategy for Your Organization

Astera

IDC predicts that by 2025, the worldwide volume of data is expected to expand by 163 zettabytes, covering information across physical systems, devices, and clouds. Cost Reduction It helps reduce operational costs by reducing errors and redundancies in the data. How is cross-functional collaboration facilitated?

article thumbnail

Generate More Value From SAP Data With a Real-Time Close

Insight Software

In fact, a recent survey of 155 finance executives revealed that 55% of respondents want an automated financial close by 2025. Automate financial document posting processes resulting in a shorter month-end close. Enterprise-wide impact — Reduce support and ongoing development costs.