Wednesday, 24 December 2014

TERM OF THE DAY - " BIG DATA "

“ Big Data ”



Big Data as a term refers to data in such amounts that cannot be handled or analysed using traditional data management processes . Today , most organizations handled huge wealth of data , but they are not optimally utilized due to the data being in in-organized , raw form . Big Data refers to systematic techniques for handling and processing such vast amounts of data .
Three basic characteristics that define Big data are – volume , variety and velocity . Today the
volume of data is exploding rapidly whilst the percentage of data analysed is falling down . Variety of data leads to fundamental shift in traditional data handling processes . Velocity refers to the pace with which data is generated and handled .
Post cloud , Big Data is the biggest trend setter for the IT world !!

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