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Michael Dell: Dell EMC Will Lead The New 'Industrial Revolution' Of Data

"The fuel for the Internet of Things, digital transformation, artificial intelligence, machine learning, is the data," said Dell CEO Michael Dell, during an event on Tuesday in Boston.

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What impact will the increasing amounts of data have on Dell and the IT landscape?

If you think you have a lot of data now, you'll probably have 1,000 times more in five years because the granularity of the data sources is changing. The bandwidth is improving. Think about video data as video goes from 2K to 4K, the frame per second is increasing, and the number of connected smart things. There have been over 100 billion microprocessors sold in the last four years, they're already out there, and most are not connected to anything. So increasingly the cost of these sensors is approaching zero-dollars. So everything is getting connected and intelligent. That's creating an explosion of data. The challenge is, how do you use that data in real-time to make a better product, a better service, a better outcome. Firms are really just beginning this, but it's setting up the foundation for a kind of fourth industrial revolution. It will be based on all of this instrumentation, the data, the artificial intelligence, the connectivity – the data becomes more and more valuable as you get to computational power.

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