LOUISVILLE, KENTUCKY
ATLANTA, GEORGIA
CHICAGO, ILLINOIS
CINCINNATI, OHIO
DENVER, COLORADO
HARRISBURG, PENNSYLVANIA
MADISON, WISCONSIN
RARITAN, NEW JERSEY
TORONTO, ONTARIO
BANGALORE, INDIA
HYDERABAD, INDIA

V-Soft's Corporate Headquarters

101 Bullitt Lane, Suite #205
Louisville, KY 40222

502.425.8425
TOLL FREE: 844.425.8425
FAX: 502.412.5869

Denver, Colorado

6400 South Fiddlers Green Circle Suite #1150
Greenwood Village, CO 80111

TOLL FREE: 844.425.8425

Chicago, Illinois

5215 Old Orchard Road Suite #950
Skokie, IL 60077

TOLL FREE: 844.425.8425

Madison, Wisconsin

8401 Greenway Boulevard Suite #100
Middleton, WI 53562

TOLL FREE: 844.425.8425

Harrisburg, Pennsylvania

4813 Jonestown Road Suite #103
Harrisburg, PA 17109

TOLL FREE: 844.425.8425

Atlanta, Georgia

1255 Peachtree Parkway Suite #4201
Cumming, GA 30041

TOLL FREE: 844.425.8425

Cincinnati, Ohio

Spectrum Office Tower 11260
Chester Road Suite 350
Cincinnati, OH 45246

Phone: 513.771.0050

Raritan, New Jersey

216 Route 206 Suite 22 Hillsborough Raritan, NJ 08844

Phone: 513.771.0050

Toronto, Canada

1 St. Clair Ave W Suite #902, Toronto, Ontario, M4V 1K6

Phone: 416.663.0900

Hyderabad, India

Incor 9, 3rd Floor, Kavuri Hills
Madhapur, Hyderabad – 500033 India

PHONE: 040-48482789

Bangalore, India

GINSERV, CA Site No 1, HAL
3rd Stage Behind Hotel Leela Palace
Kodihalli, Bangalore - 560008 India

What Is Big Data?

What is Big-Data

Think about how important the internet has become to modern day society -- Big data will one day reach the same significance. Big data is a term to describe the exponential growth and abundance of data. Why is this important you may ask, because more data leads to more accurate analyses, more accurate analyses leads to better strategic decision making, and better strategic decision making then leads to more efficient operations, cost reduction and even reduces the risk of failure.

Industry analyst and influential IT figure, Doug Laney, in 2001 created what is now the accepted definition of big data as the three V’s of big data: volume, velocity and variety.

Big Data is Volume

There are a variety of factors that add to the growth in data volume. Transaction-based data or online shopping, sensor and machine-to-machine data, data from social media accounts, and much more. Ever since data storage has become a priority, there has been a push to make the related technology smaller and more efficient.

For example think about how much MP3 players have changed in the past 10 to 15 years. The first commercial MP3 players were enormous and could only hold a few songs at a time, now we have thin, light-weight smartphones that can store photos, contacts, apps, and hundreds of songs on. Imagine how this is technology can be applied to Big Data. With the capabilities to store tons of data in a small amount of space the issue we now face is being able to then locate relevant data and then apply that data to business ventures, or velocity.

Database-small

Big Data is Velocity

All over the world data is streaming at an extraordinary speed. An unfathomable amount of information is constantly flowing around the internet, without a way to identify the important data from the junk you will be left will trillions of gigabits of data to search through. Radio-frequency identification (RFID) tags, sensors and smart metering are all modern ways of tracking data and capturing the important stuff.

Big Data is Variety

In addition to data streaming at all hours of the day and night, data also comes in a variety of different formats: numeric data, unstructured documents, e-mail, audio, video and financial transactions. Being able to manage and accurately organize these different data types is another major undertaking.

Big data is the future, it will help businesses and consumers connect and also make lasting impressions and even relationships. Take some time to consider your impact on big data, as well as big data’s impact on you.

What do you think the future holds for big data?

New Call-to-action

Topics: IT Solutions, Technology, IT News, Big Data, Cloud

Get Weekly Updates

New call-to-action