Big Data offers a new technology for gathering, managing and processing large quantities of data in different formats.
HANDLING UNSTRUCTURED DATA: Big Data does not require the in-depth data schema design needed for traditional databases: it uses NoSQL, a mechanism for working with structured and unstructured data together.
EFFICIENT DATA MANAGEMENT: Big-Data technology’s second feature is its ability to handle vast data volumes (in Petabytes), generally at a fraction of the TCO of traditional systems.
INTEGRATED TEAM WITH SPECIFIC PROFESSIONAL EXPERTISE: Implementing a Big-Data model requires a team with new skills, including Data Scientists, data-analysis specialists with vertical competencies.
NEW WAYS TO RUN PROJECTS: The initial stages of a project no longer involve selecting information sources to base the design on (as in the traditional data-handling approach) – Big Data turns this concept on its head by leveraging statistical techniques.