View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 22, 2012

Oracle warns of future data overload

About 50 billion devices to be connected to internet by 2020

By CBR Staff Writer

Oracle has warned that the rise in data demands from smartphones, tablets and other devices is creating massive problems for its customers and economic pressure.

Oracle president Mark Hurd was quoted by The Times as saying that the data was growing exponentially, which in some cases is 35 to 40% a year.

"This is causing big problems for our customers and tremendous economic pressure. Most of our customers are trying to innovate while cutting costs," Hurd said.

According to the firm, it is anticipated that by 2016 mobile data traffic could register 18-fold increase.

About 50 billion devices are also expected to be connected to the internet by 2020, which would be a twentyfold rise in the amount of data being sent back to servers.

The firm recently added 3,000 sales staff to its global employee workforce of 60,000 in a bid to drive its own cloud-computing products.

The increase in the capacity for storage will lead to a growing concern to store large amounts of data securely.

Content from our partners
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Green for go: Transforming trade in the UK

The rise in cloud computing has increased the demand for storage firms including Oracle, as well as Amazon, Cisco, Intel and others.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU