Big data and Moore’s Law According to Moore’s law, global data doubles every two years while the cost of storing data decreases at approximately the samerate. Data in Digital Universe vs. Data Storage Cost 10B US$0.2 Data Storage Cost 0 8B a e at US$0.1 g a D 5 r o f 6B t o s t f n o e B G CH aym 4B r P e TE p US$0.1 t N s I 0 F Co F 2B O TE Data in Digital Universes TA S 0 US$0.5 Source: IDC, May 2016 E 0 TH 2010 2011 2012 2013 2014 2015 Global FinTech Trends: Big Data 24