Quote: "Data Is Widely Available. What Is Scarce Is The Ability To Extract Wisdom From It."
Quote: "Data Is Widely Available. What Is Scarce Is The Ability To Extract Wisdom From It."
Quote: "Data Is Widely Available. What Is Scarce Is The Ability To Extract Wisdom From It."
More Data
More Accurate
Analysis
innovativ
effective, forms ts of
e processing
Cost-effective, innovative
informatio for insight forms of information
processing
decision
n making. and
enhanced
Source: Gartner IT
Glossary Enhanced insight &
decision making
Other Definitions of Big
Data
◻ “Big data is high-volume, high-velocity, and high-variety
information assets” talks about voluminous data
(humongous data) that may have great variety (a good
mix of structured, semi-structured, and unstructured data)
and will require a good speed/pace for storage,
preparation, pro-cessing, and analysis.
◻ “Cost effective, innovative forms of information
processing” talks about embracing new techniques and
technologies to capture (ingest), store, process, persist,
integrate, and visualize the high-volume, high-velocity,
and high-variety data.
Other Definitions of Big Data
cont…
◻ “Enhanced insight and decision making” talks about
deriving deeper, richer, and meaningful insights and
then using these insights to make faster and better
decisions to gain business value and thus a
competitive edge.
Analysis
Transfer
Visualization
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