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Founded by Rich Bendis

Ocean Waves

It’s good to be back blogging!  I’ve been buried for the past month finishing a book I’m co-authoring on 3D printing (called Fabricated — it’s due out in February because it takes the publisher 3 months — yes 3 months! — to format an ebook).  I am writing an SBIR commercialization plan for a tech startup (data analytics software) in Boston.  I can’t say enough good things about the SBIR program and the process of applying for Round I and Round II funds.  But I’ll write about that later.

Lately I’ve been researching the Big Data marketplace.  Big data is the new natural resource.  Here’s some interesting facts:

  • The amount of new data created in the past twelve months alone would fill up 57 billion Apple iPads (according to IDC) 
  • Each year, the projected growth of global data generated each year is estimated to increase at the rate of 40% per year 
  • The human mind isn’t equipped for so much data — it can only handle about seven pieces of information in its short-term memory (as calculated by researcher George Miller in a March, 1956 article in Psychological Review)

To read the full, original article click on this link: Navigating an ocean of Big Data