We produce 2.5 exabytes of data every day. That’s equivalent to 250,000 Libraries of Congress or the content of 5 million laptops. Every minute of every day 3.2 billion global internet users continue to feed the data banks with 9,722 pins on Pinterest, 347,222 tweets, 4.2 million Facebook likes plus ALL the other data we create by taking pictures and videos, saving documents, opening accounts and more.
We are at the limits of the data processing power of traditional computers and the data just keeps growing. While Moore’s Law, which predicts the number of transistors on integrated circuits will double every two years, proved remarkably resilient since the term was coined in 1965, those transistors are now as small as we can make them with existing technology. That’s why there’s a race from the biggest leaders in the industry to be the first to launch a viable quantum computer that would be exponentially more powerful than today’s computers to process all the data we generate every single day and solve increasingly complex problems.
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