It’s time. The first of the big data V’s, volume, seems to be coming under control technology wise, even if that technology has not been implemented everywhere. Prices of disks and memory are tumbling and the introduction of technologies, such as Hadoop, are making vast amounts of data cheap to store.
On top of that, numerous technologies have made it easier to process and manage that massive volume of data. In short, the technologies and tools organizations need to deal with the problem of volume are now readily available.
Just when it seemed we could all take a small break from the big data assault on our organizations, since now we can store and process massive amounts of data, the second V, velocity, is gaining in importance – and most organizations are not ready.