For one of our clients (a national broadcast news media
organization), we manage 2.2 petabytes of digital assets, which is growing at a
rate of roughly 200 terabytes monthly. At this rate we are eclipsing
anything imagined 10 years ago, due to technology advances, high-definition,
and the speed at which information is available and shared. Storage
companies like EMC are preparing for even faster growth speculating that we
will see 35 trillion additional gigabytes of data added to the world before
2020….or 35 zettabytes (a word that didn't exist prior to 1991…and forward
thinking even then).
Handling trillions of bytes each month, whether creating,
meta-tagging, consolidating or replicating, means that we are part of the above
digital dilemma – what to do with all the data. Our archives are bursting
at the seams with physical assets that have been digitized, backed up and
protected…so now we are paying for not only the digital storage, but the
physical storage for an asset to live, just in case the digital asset fails
(and its backup fails).
In the physical world we have organized systems, like LC, Dewey,
stacks, cards, etc…that all have the meta-data" about the physical asset.
If all else fails, the asset itself has enough information about it to
re-create the meta-data; however, in the digital world that isn't always the
case. Date, author, photographer, videographer, producer, actor, etc.
….these are all things that can be lost forever if the digital asset
isn't properly meta-tagged when originally digitized. Too many skip or
skimp on this critical step. Saving a buck on the metadata can cost you
thousands later. Lost productivity hours are just the tip – if
you don't have the right meta-data on the digital asset you risk losing it
for good …in the heap of trillions and trillions of bytes that are spread
across trillions of DATs loaded in millions of SANs globally.
Even if you are only talking about a single organization, the
numbers are staggering. Unstructured data is likely to become the largest
single expense for businesses, even surpassing staff, within the next 10 years.
In 2002 the total amount of information created in the world was 5
exabytes. By 2006 that number was 160 exabytes. Today facebook.com is the size of the entire
internet in 2004 according to Geohive and Facebook. Youtube estimates
that 35 hours of video are being
uploaded to the site every minute. Pingdom estimates that there are
roughly 300 billion emails sent daily! According to EMC, the world’s
information is doubling every two years. In 2011 the world created a staggering
1.8 zettabytes. By 2020 they estimate that the world will generate 50 times the
amount of information and 75 times the number of "information
containers" while IT staff to manage it will grow less than 1.5 times.
This means that properly meta-tagged digital assets will be critical to
successfully manage your digital assets. New "information
taming" technologies such as de-duplication, compression, and analysis
tools are driving down the cost of creating, capturing, managing, and storing
information to one-sixth the cost in 2011 in comparison to 2005; however, even
with proper reduplication and "taming" the internet growth is speeding
up, not slowing down. So what's bigger than a zettabyte? A yottabyte,
which is 1000 zettabytes. While it seems as though that's a long way off,
it will be here before we know it and we'll be off to add a new word to the
dictionary.
To be able to process, search, absorb or synthesize that data you
must have exceptional metadata. Without it, think of your video or image
asset as a grain of sand at the bottom of the ocean. You can describe the
shape color and size of that grain of sand all you want (after the fact) but
the odds of you coming up with the exact grain you were after, is impossible to
comprehend (by 2015 this number is estimated to be 1 in 1.25E+22)…and the odds
are stacked against you more and more by the second. In fact, imagine
while you are looking on the beach for that grain of sand, 15.6 million beach
volleyball courts worth of sand was being added to that beach. With the right metadata you are able
to instantly search for that grain of sand, dive in and come up with the
thousands of possible grains that match the description…and then drill down
from there to get to your target. That's the real power and value of what
we offer our clients…our staff, working across the world, enable information,
putting the power behind the search and allow trillions of bytes to be
reviewed, to find that one specific item.
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