The 4 Phases Of Big Data

SOURCE:  Forbes

The combination of smartphones, tablets and connected devices will create a tidal wave of new data for businesses to store and process. Data sources and types are exploding as mobile, the Internet of things and social produce exabytes of structured and unstructured data, commonly known as “big data”. While the concept of managing a torrent of information isn’t new, the challenge of dealing with the three V’s of data management–Volume, Variety, and Velocity –has been taken to a new level by the rise of unstructured data sources, such as social media, mobile application data, video, sensors and other connected devices.

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