AI Magazine March 2024 | Page 113

AI AND DATA

Data is the future and protecting it in the current AI landscape is essential .

With business demand for new technologies booming like never before , data has also experienced rapid growth . By 2025 , McKinsey predicts that nearly all employees will regularly leverage data to support their work . Every day , the world produces five exabytes of data , and by 2025 this is set to rise to a rate of 463 exabytes , driven by increased adoption in AI .
However , as businesses continue to embrace AI more frequently , they are also increasingly concerned about how the technology could affect their valuable data .
AI sparks huge data growth Surging growth of data in 2024 is central to the current global AI landscape . Companies in the technology sector like Dell Technologies and AMD for example are working to ensure that organisations have access to the compute power needed to fuel their innovations . As a result , they can offer customers more choice to power AI and generative AI ( Gen AI ) workloads .
The rapid evolution of AI ultimately presents huge opportunities for companies and their data . However , they must also prepare to deal with increased customer demand for data in line with data regulations .
“ AI is unique , often presenting challenges , particularly in the context of data privacy ,” comments Ramprakash Ramamoorthy , Director of AI Research at ManageEngine : the enterprise IT management division of Zoho . “ AI ’ s ability to process and analyse
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