Analytics

Five Examples of Secrets Hidden in Your Data

18th Dec `13, 11:52 AM in Analytics

As big data volumes continue to explode, businesses are challenged to quickly extract rich insight from the mountain…

BDMS
Guest Contributor
 

As big data volumes continue to explode, businesses are challenged to quickly extract rich insight from the mountain of machine-generated data streaming in from devices, sensors, smart meters, operational equipment, social-media platforms and other sources.

According to a recent IDC report, worldwide installed raw storage will climb from 2,596 exabytes (EB)—or 2.5 billion gigabytes—in 2012 to a staggering 7,235 EB in 2017. As IDC Analyst David Reinsel notes, “The desire to store more data is insatiable.” But storage is moot without the ability to effectively retrieve the meaning in the data that can actually move the needle for a business.

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