What’s the Big Deal about Big Data?
It goes without saying that knowledge is power. It gives one the power to make informed decisions and avoid miscalculation and mistakes. In recent years the definition of knowledge has changed slightly. This change is the result of increases in the ease and speed in computation as well as the shear volume of data that these computations can be exercised against. Hence, it is no secret that the rise of computers and the Internet has contributed significantly to enhance this capability.
The term that is often bantered about is “Big Data”. This term has gained a certain mystique that is comparable to cloud computing. Everyone knows that it is important. Unless you have been living in a cave, you most certainly have at least read about it. After all, if such big names as IBM, EMC and Oracle are making a focus of it then it must have some sort of importance to the industry and market as a whole. When pressed for a definition of what it is however, many folks will often struggle. Note that the issue is not that it deals with the computation of large amounts of data as its name implies, but more so that Continue reading