Our strategy for sustainable profitable growth
Digitalization is perhaps the most important trend shaping the modern world. The ability to embed unimaginable computing power into increasingly smaller devices, and to share and analyze vast amounts of data in real time around the globe has opened up tremendous new opportunities to improve the quality of life for people everywhere.
And although we’ve used digital information for decades – including an IBM data storage unit developed in 1956 with a capacity of five megabytes that weighed about a ton – the Digital Revolution is still in its early days. In 2015, the volume of digital data generated around the world amounted to some 100 million terabytes.* In 2021, it was estimated to be almost 14 billion terabytes. By 2025, it is expected to reach close to 160 billion terabytes.
* Source: Applied Materials, September 2021