In April 1965, Gordon Moore, one of the co-founders of Intel Corporation, predicted in the journal Electronics that computational processing power would increase year-on-year by a factor of two—later revised in 1975 to occur biennially. 43 years later, his hypothesis still rings true.
Indeed, the exponential growth of computer processing since Moore’s Law was incepted has guided us towards a technological epoch in which change is happening at a quicker rate than humankind can adapt to it. Alongside this progress, the emergence of big data has created new possibilities for companies to mine, analyze, and use vast quantities of data to drive internal growth.
Author: Thomas Nugent