The advent of technology forever changed the management of information. Formerly tracked by files and boxes, with the move to digital, size is now referenced in bytes. This transition is not a mere change in vernacular, but rather represents a growth once unimaginable in a brick-and-mortar setting.
In a 2011 study on big data, the McKinsey Global Institute reported that nearly all sectors in the U.S. economy averaged 200 terabytes of stored data per company (for companies with more than 1,000 employees), with many sectors exceeding one petabyte of stored data.
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