Business Value of Artificial Intelligence

As you may already know, the amount of data that we create, and store, as human beings has been growing immensely in the last few years. We start having more and more devices that can create, send, store and save data – we can just look at our mobile phones, and how powerful they have become in the last few years. One study is showing that the amount of data, on a global level, will reach 175 zettabytes (ZB) by year 2025 (just as a fun-fact, and for comparison: 1000 Terabytes 1 Petabyte; 1000 Petabytes 1 Exabyte; 1000 Exabytes 1 Zettabyte). Obviously, this is a lot of data. Data can be considered everything that one business creates, or even an individual (from basic stuff like pictures, documents to a more complex calculation, and similar).