All About B2B Data (and Big Data)

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What is all this additional data that is being collected and transmitted? What is this new term “Big Data” mean? What is HADOOP? How do we move Big Data and process it? How else can we help you?

Let’s Start With What  Big Data Is

  • Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone.
  • Gartner defines Big Data as high volume, velocity and variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making.
  • According to IBM, 80% of data captured today is unstructured, from sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals, to name a few. All of this unstructured data is Big Data.

What Do We Do With Big Data?We are discovering that we can make sophisticated predictions  by sorting and analyzing Big Data. But, if 80% is unstructured, we first must format it before analysis. The way to structure it is HADOOP.

Read more: http://www.ec-bp.com/index.php/articles/industry-updates/10174-all-about-b2b-data-and-big-data#ixzz2p3UrTojf

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