Big data technologies and how to use them are hot topics in the business world. With organizations struggling to gain a competitive edge by any means possible, finding the value hidden in big data resources can be the key to an enterprise’s success. Using Big Data analytics can help to improve your business efficiency and productivity, make effective risks evaluation and prevention, deliver personalization and better customer service and much more.The technologies used in big data processing need to address the characteristics of big data that set it apart from traditional information resources. We will look at what distinguishes big data and the available methods to process it effectively. What is Big Data Technology?Gartner defines big data as high-volume, high-velocity and/or high-variety information assets that demand cost-effective, innovative forms of data processing, enabling enhanced insight, decision-making, and process automation. These characteristics are known as the three Vs.Volume - The amount of data is the primary factor describing big data. Handling this amount of data can overwhelm traditional storage and processing methods. Solutions such as the Hadoop framework address these concerns and are contributing to the ability of organizations to make effective use of big data.Velocity - The speed at which information ...
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