Tom Stevenson, investment director at Fidelity Worldwide Investment, reveals why companies capturing, analysing and exploiting data are excellent investment opportunities.
A staggering 2.9 quintillion bytes of data are created every day. It is an eye-watering figure that you might find hard to comprehend. I have been told that this enormous number is the equivalent of 5.8 billion average-sized PC hard drives. It is even more impressive when you consider that 90% of the world’s data was only created in the last two years. Everyday, posts are made on Facebook, tweets sent on Twitter and videos uploaded to YouTube. There are satellites orbiting the earth, collecting weather and geographical data, and providing military intelligence for national defence. Durin...
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