The Historical Development of BIG Data (Part 2)

Continuing on from my last blog post about the historical developments of big data that I have learned. I also learned that: 

In 1997, Michael Lesk published a paper where he theorised that the amount of data being created was increasing massively each year. 

In 2000, Peter Lyman and Hal Varian concluded that the world was creating over 1.5 exabytes of data every year, which is the equivalent of every person on earth creating 250 megabytes of data. 

In 2001, the term 'software as a service' was created which has become a fundamental part of the big data industry today with the massive use of cloud based services.

In 2005, the user generated web known as "Web 2.0" was created, in which the users were providing the majority of the content and data being generated instead of the service providers providing the data. 

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