Hadoop, Yahoo, 'Big Data' Brighten BI Future (
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An
increasing number of jumbo-size enterprise data sets—and all the technology needed
to create, store, network, analyze, archive and retrieve them—are considered “big
data.” This massive amount of information is pushing the limits on storage, servers
and security, creating an immense problem for IT departments that must be
addressed.
So
what’s the tipping point? When does average-size data become big data?
eWEEK's crack at this definition, with help from research
firm Gartner, goes like this: “Big data refers to the volume, variety and
velocity of structured and unstructured data pouring through networks into processors
and storage devices, along with the conversion of such data into business
advice for enterprises.”
These
elements can be broken down into three distinct categories: volume, variety and
velocity.
Volume
(terabytes, petabytes and eventually exabytes): The increasing amount of
business data—created by both humans and machines—is putting a major hit on IT
systems, which are struggling to store, secure and make accessible all that
information for future use.
Variety:
Big data is also about the increasing number of data types that need to be
handled differently from simple email, data logs and credit card records. These
include sensor- and other machine-gathered data for scientific studies, health
care records, financial data and rich media: photos, graphic presentations, music,
audio and video.
Velocity:
It’s about the speed at which this data moves from endpoints into processing
and storage.
Big Data: Tools, Processes and Procedures
“In
simplest terms, the phrase [big data] refers to the tools, processes and
procedures allowing an organization to create, manipulate, and manage very
large data sets and storage facilities,” analyst Dan Kusnetzky of the Kusnetzky
Group, wrote in his blog. “Does this mean terabytes, petabytes or even larger collections
of data?
“The
answer offered by [IT] suppliers is ‘yes.’ They would say, ‘You need our
product to manage and make the best use of that mass of data.’ Just thinking
about the problems created by the maintenance of huge, dynamic sets of data
gives me a headache.”
In
addition to volume, variety and velocity, there’s another “v” that fits into
the big data picture: value. Accurate analysis of big data provides value by helping businesspeople make
the right decision at the right time.