With today’s growing focus and increased drive towards the use of Artificial Intelligence (AI) and “big data” within global business markets over the past few years, one big question has surfaced and has yet to be answered for many data administrators: What are we going to do with all this data?
What is the estimated global Data growth in 2025?
In a recent attempt by Statista, to quantify the data growth of the global marketplace for 2025, it is predicted that the world is on track to generate approximately “180 zettabytes of data across the internet”. That is equivalent to 180 trillion gigabytes, or 180 followed by 21 zeros! This does not even account for the offline information that is held by various organizations and individuals; this becomes a staggering metric entirely.
Where should Data be stored?
While the collection and harvesting of this information is a vital concern, another often overlooked challenge is figuring out where to store all this data. Despite the early 2000s marketing of the “cloud” systems, which illustrated that data is floating in some ethereal stored space thousands of feet above ground, the reality is that information needs to be stored somewhere physical. Whether it lives on markings of magnetic plates that spin at 15,000 RPM (revolutions per minute) or stored in the grids of NAND flash cells on solid-state drives, all this data needs a home, and this can become quite expensive.
What is the cost of storing Data in 2025?
As of March 2025, the average cost to store 100 Terabytes of data on an Azure database for seven years (the compliance time frame required for U.S. employment records to be kept for), is upwards of $168,000 just for the data to sit in the environment. Many companies just accept this and see it as the cost of doing business, simply a requirement that needs to be accounted for in calculating overhead and budgeting. However, there are ways to significantly reduce these costs, freeing up critical capital to enhance your organization’s operations elsewhere.
How can Myna Partners help reduce Data costs?
Myna Partners is an expert within the market of strategic transitioning and optimization. Our team can help businesses move data from expensive “hot” storage to less costly “cooler” storage solutions, effectively lowering the expenses of database fees and rates exponentially over the full data lifecycle. A recent calculation from Myna Partners’ internal data transformation team valued the same 100 Terabytes of data over seven years, as stated above, would have been priced at only $30,000 in its most optimal format. This is a savings of $138,000 over the same period and volume of information, just by utilizing Myna Partners’ strategic transformation services.
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References
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Statista Data Growth in 2025: Worldwide Data Created by 2025: Worldwide Data Created
