The Pace of Data Creation: A Staggering 149 Zettabytes by the End of the Year
Data Generation Continues to Accelerate
The pace with which data is created, analyzed, and shared continues to accelerate. The relentless flow of data contributes to a growing torrent of information, shaping how individuals and businesses engage with the world.
Domo’s "Data Never Sleeps" Report Highlights the Volume of Data Generation
Domo, the AI and data products platform, has released its annual "Data Never Sleeps" report, offering a fascinating snapshot of the staggering volume of data generated every minute.
Key Statistics
Each year, Domo adds new features to the colorful wheel. The 12th edition of the report includes additional data points on artificial intelligence (AI), alongside insights from social media, gaming, and other online activities.
- Zoom sees 288 downloads per minute, while Microsoft Teams logs 229 million meeting minutes. Additionally, Slack makes its mark with over one million messages sent every minute.
- Streaming giant Netflix saw a decline in viewership. It is down 19% from 2021. However, other entertainment platforms, such as Snapchat and TikTop, have seen an uptick in engagement. Snapchat uploads have risen by 37% since 2022, while TikTok uploads 16,000 videos every minute. Despite the rise of alternative platforms, Facebook and Instagram are still playing 138.9 million reels every minute.
- One alarming statistic from the latest Domo report reveals that 4,080 records are compromised in data breaches every minute. The growing frequency and scale of breaches emphasize the critical need for stronger data protection protocols.
- DoorDash diners made an appearance in the report, placing $126,763 in orders every 60 seconds during Cyber Week. Additionally, shoppers worldwide spent $43.6 million on purchases in the same timeframe.
AI and Data Generation
Domo reports that the total volume of data created, captured, copied, and consumed globally is projected to reach 149 zettabytes by the end of this year. As the volume and complexity of data grow rapidly, organizations are increasingly focusing on their ability to transform this information into actionable insights.
A pivotal technology driving this transformation is GenAI. "The phenomenal acceleration of generative AI over the past two years has dominated the digital conversation, and this year’s Data Never Sleeps shows how we’ve reached a new tipping point – AI is primed to dethrone competitive mainstays of the internet era," said Josh James, founder and CEO of Domo.
Comparison to Previous Reports
Introduced in 2013, the Data Never Sleeps report has tracked the world’s data usage over the last decade, revealing shifts in activity across various online platforms. Comparing the stats from last year’s report, Google searches have decreased by 6%, from 6.3 million to 5.9 million. This shift may reflect changes in user behavior, including the rise of AI-powered tools that provide direct answers, reducing the need for traditional searches.
Conclusion
As the pace of data generation continues to accelerate, businesses must prioritize their ability to transform this information into actionable insights. With the growth of AI and its impact on daily life, organizations must make their data and technology ready to leverage its advantages with speed and confidence.
FAQs
Q: What is Domo’s "Data Never Sleeps" report?
A: Domo’s annual report provides a snapshot of the staggering volume of data generated every minute.
Q: What is the total volume of data created, captured, copied, and consumed globally?
A: The total volume is projected to reach 149 zettabytes by the end of this year.
Q: What is the impact of AI on data generation?
A: AI has had a significant impact on data generation, with the acceleration of generative AI driving the transformation of data into actionable insights.
