In a fast-paced digital economy, enterprises are generating and storing more data than before to better serve customers or simply to run their operations more smoothly.
In the next five years, the world will create three times as much data as it did in the three years before, according to a prediction by research firm IDC.
This will usher in a new era of data "blooming", which will create three important challenges for many enterprises not ready for the volume, variety and velocity of information coming their way.