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November 7, 2013

Hype or the Real Deal? The Big Data Conundrum

by HoosOnBrand

Forte Consultancy

Big Data has become one of those terms you can’t avoid these days, all the rage in and around the business intelligence industry. The overwhelming buzz makes you wonder – is there something really there, or, is the hype the result of vendors and consultants trying to make another buck?

You can download PDF version of this whitepaper here.

What Is Big Data?

The 12 year old definition of Big Data is summarized in three words, a definition which is still prevalent today – the three V’s, namely volume, velocity, and variety. Big Data is now attributed to a set of paradigms and technologies which serve organizations in managing data in great volumes, that is collected and needs to be processed in great velocity and is fed from a great variety of sources – both structured and unstructured. Many expand the definition to include other concepts – some for…

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