The tempo at which knowledge is created, analyzed and shared continues to speed up. The relentless circulate of information contributes to a rising torrent of data, shaping the way in which individuals and companies work together with the world, however what does this fixed circulate of information actually appear like?
Domo, the information and synthetic intelligence merchandise platform, has launched its annual “Knowledge By no means Sleeps” report, providing an interesting snapshot of the staggering quantity of information being generated each minute.
Yearly, Domo provides new options to the colourful wheel. The twelfth version of the report consists of extra knowledge factors on synthetic intelligence (AI), together with data from social media, gaming and different on-line actions.
Statistics from the Domo report spotlight the present prevalence of distant and hybrid work, together with the significance of staff collaboration. Zoom data 288 downloads per minute, whereas Microsoft Groups data 229 million assembly minutes. Plus, Slack makes its mark with over one million messages despatched each minute.
Streaming large Netflix skilled a decline in viewership. It’s down 19% from 2021. Nonetheless, different leisure platforms, resembling Snapchat and TikTop, have seen a rise in engagement. Snapchat uploads have elevated 37% since 2022, whereas TikTok uploads 16,000 movies each minute. Regardless of the rise of different platforms, Fb and Instagram nonetheless play 138.9 million reels per minute.
An alarming statistic from Domo’s newest report reveals that each minute 4,080 data are compromised in knowledge breaches. The growing frequency and scale of breaches emphasize the crucial want for stronger knowledge safety protocols.
DoorDash diners appeared within the report, inserting $126,763 price of orders each 60 seconds throughout Cyber Week. Moreover, consumers all over the world spent $43.6 million on purchases in the identical interval. This underlines the outstanding progress and impression of the web buying and supply sector. with extra AI is utilized in retailWe count on this development to proceed over the following few years.
Domo stories that the full quantity of information created, captured, copied and consumed globally is anticipated to succeed in 149 zettabytes by the tip of this yr. As the quantity and complexity of information grows quickly, organizations are more and more centered on their means to rework this data into actionable insights. A crucial expertise driving this transformation is GenAI.
“The exceptional acceleration of generative AI over the previous two years has dominated the digital dialog, and this yr’s Knowledge By no means Sleeps reveals how we have reached a brand new inflection level: AI is poised to dethrone the aggressive pillars of the period of Web,” Josh stated. James, founder and CEO of Domo.
“Over the approaching yr, we shall be watching how this shift adjustments our broad vary of digital actions, impacts the aggressive panorama, and accelerates company funding in AI-ready knowledge and expertise.”
Launched in 2013, the Knowledge By no means Sleeps report has tracked the world’s knowledge utilization over the previous decade, revealing adjustments in exercise throughout numerous on-line platforms. Evaluating the statistics of final yr’s reportGoogle searches have decreased by 6%, from 6.3 million to five.9 million. This shift might replicate adjustments in person habits, together with the rise of AI-powered instruments that present direct solutions, lowering the necessity for conventional searches.
Siri solutions greater than 1 million questions each minute, whereas Google’s Gemini attracts 8,574 guests in the identical interval, reflecting the rising position of AI in on a regular basis duties.
James emphasised: “As AI accelerates, companies want to arrange their knowledge and expertise to leverage its benefits with pace and confidence, and our annual report reveals how essential it’s for companies to start out flexing their aggressive energy now.”
Should you have been hoping Domo’s report would have extra AI-related entries, do not be disillusioned. Domo has already launched a standalone Knowledge by no means sleeps: AI Version report earlier this yr. That report supplied a better take a look at the large quantity of AI knowledge being generated each minute and its impression on every day life.
Commenting on how AI has impacted knowledge creation, Ben Schein, SVP of Product at Domo, shared: “When ChatGPT put LLMs within the highlight, it opened everybody’s eyes to how impactful AI might be. . Consequently, we’ve got seen an avalanche of AI functions emerge.”
“Domo has been reporting on knowledge volumes for over a decade and the way in which AI has impacted knowledge creation rivals that of the early days of social media platforms. “This particular version of AI offers a way of how a lot quantity we’re seeing on this AI growth.”
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