An estimated USD 328.77 million terabytes of data are captured, transmitted, and stored worldwide each day. That is the approximant equivalent to streaming 22 million years of HD video content (with an average bit rate of 4Mbps) or filling more than 650,000 500GB hard drives daily. The generation of such immense volumes of data - whether structured or unstructured, static, or real-time - has necessitated innovation in how they are processed, organized, accessed, and analyzed. More to the point, these data are the lifeblood of numerous applications, including machine learning, and the innovations in the handling of big data have provided the foundation upon which the era of AI is being built. In this whitepaper, we dive into the BlueStar® Big Data & AI Index (BDAI) and explore why data is often referred to as the oil of the 21st century.

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