How much Data Boes the World creates Every Day

I can still remember the first time I saw a 1 GB flash drive—it blew my mind. This device, the size of my thumb, could hold the information of 711 3.5-inch floppy disks. Manufacturers had become bona fide magicians, capable of shrinking data right before my eyes. But it’s a darn good thing that data is occupying less space these days, since we’re seeing it increase astronomically in volume. The most critical challenge we face is transforming...

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The Journey from Big Data to Big Promise

It’s well known that big data is usually stated in terms of the three Vs: Volume, Variety and Velocity. The three Vs appropriately sum up the characteristics of big data and convey that big data is heterogeneous, noisy, dynamic, inter-related and not trustworthy. Companies now strive to convert the three Vs into Big Promises. And Big Data’s promise can be summarized by three new descriptive terms: Veracity, Value and Victory.  1.      Three Vs of Big Promise - Veracity, Value and Victory Like the three Vs of big...

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