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The tempo with which information is created, analyzed, and shared continues to speed up. The relentless move of knowledge contributes to a rising torrent of data, shaping how people and companies interact with the world, however what does this fixed stream of knowledge actually seem like?
Domo, the AI and information merchandise platform, has launched its annual “Knowledge By no means Sleeps” report, providing an interesting snapshot of the staggering quantity of knowledge generated each minute.
Every year, Domo provides new options to the colourful wheel. The twelfth version of the report contains further information factors on synthetic intelligence (AI), alongside insights from social media, gaming, and different on-line actions.
The statistics from the Domo report spotlight the continuing dominance of distant and hybrid work, together with the significance of workforce collaboration. Zoom sees 288 downloads per minute, whereas Microsoft Groups logs 229 million assembly minutes. Moreover, Slack makes its mark with over a million messages despatched each minute.
Streaming big Netflix noticed a decline in viewership. It’s down 19% from 2021. Nevertheless, different leisure platforms, resembling Snapchat and TikTop have seen an uptick in engagement. Snapchat uploads have risen by 37% since 2022, whereas TikTok uploads 16,000 movies each minute. Regardless of the rise of other platforms, Fb and Instagram are nonetheless enjoying 138.9 million reels each minute.
One alarming statistic from the newest Domo report reveals that 4,080 information are compromised in information breaches each minute. The rising frequency and scale of breaches emphasize the important want for stronger information safety protocols.
DoorDash diners made an look within the report, inserting $126,763 in orders each 60 seconds throughout Cyber Week. Moreover, consumers worldwide spent $43.6 million on purchases in the identical timeframe. This underscores the outstanding progress and impression of the net purchasing and supply sector. With extra AI being utilized in retail, we anticipate this development to proceed over the subsequent few years.
Domo studies that the whole quantity of knowledge created, captured, copied, and consumed globally is projected to succeed in 149 zettabytes by the tip of this 12 months. As the quantity and complexity of knowledge develop quickly, organizations are more and more specializing in their capacity to remodel this info into actionable insights. A pivotal expertise driving this transformation is GenAI.
“The exceptional acceleration of generative AI over the previous two years has dominated the digital dialog, and this 12 months’s Knowledge By no means Sleeps exhibits how we’ve reached a brand new tipping level – AI is primed to dethrone aggressive mainstays of the web period,“ stated Josh James, founder and CEO of Domo.
“Within the 12 months forward, we’ll be watching how this shift modifications our broad vary of digital exercise, impacts the aggressive panorama, and accelerates company funding in AI-ready information and tech.”
Launched in 2013, the Knowledge By no means Sleeps report has tracked the world’s information utilization over the past decade, revealing shifts in exercise throughout varied on-line platforms. Evaluating the stats from final 12 months’s report, Google searches have decreased by 6%, from 6.3 million to five.9 million. This shift might replicate modifications in person habits, together with the rise of AI-powered instruments that present direct solutions, decreasing the necessity for conventional searches.
Siri solutions greater than 1 million questions each minute, whereas Google’s Gemini attracts 8,574 guests in the identical timeframe, reflecting the rising function of AI in on a regular basis duties.
James emphasised, “As AI accelerates, companies have to make their information and expertise able to leverage its benefits with pace and confidence, and our annual report showcases how important it’s for companies to begin flexing its aggressive energy now.”
If you happen to had been anticipating Domo’s report back to have extra AI-related entries, don’t be disillusioned. Domo already launched a standalone Knowledge By no means Sleeps: AI Version report earlier this 12 months. That report offered a more in-depth have a look at the huge quantity of AI information generated each minute and its impression on day by day life.
Commenting on how AI has impacted information creation, Ben Schein, SVP of Product at Domo shared, “When ChatGPT introduced LLMs into the highlight, it opened everybody’s eyes to only how impactful AI may be. We’ve seen a flood of AI purposes emerge because of this,”
“Domo has reported on information volumes for over a decade and the way in which AI has impacted information creation rivals that of the early days of social media platforms. This particular AI version provides a glimpse at simply how a lot quantity we’re seeing on this AI increase.”
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