Big Data : Transactions, Interactions and Observations
What are the 7 Key Drivers Behind the Big Data Market?
Business
- Opportunity to enable innovative new business models
- Potential for new insights that drive competitive advantage
Technical
- Data collected and stored continues to grow exponentially
- Data is increasingly everywhere and in many formats
- Traditional solutions are failing under new requirements
Financial
- Cost of data systems, as a percentage of IT spend, continues to grow
- Cost advantages of commodity hardware & open source software
from Shaun Connolly
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