Will the ‘Internet of Things’ make CIOs’ jobs harder? Maybe — actually, Mahesh Kumar, CMO of BDNA, even goes in to suggest that the Internet of Things will “sink IT.”
Ever-escalating amounts of data have been flowing into organizations for decades. I can remember a report on the world’s largest databases about 15 years ago, in which a telecom had a jaw-dropping one terabyte of data on its premises. Enterprises responded with lots of extra disk, which was okay, since the cost of storage was constantly in free fall.
The problem is, he says, is big data — all the data flowing in from sensors, machines and applications. It’s not necessarily the huge volume, but the variety and context of this data, arriving in unstructured formats, requiring a lot of integration work to make it all fit and usable by the business. Kumar predicts a “perfect storm” of data coming in from billions of devices — at least 212 billion by the end of 2020, IDC predicts.