Big data has become quite the buzzword as of late, and most people in the business world are at least somewhat familiar with the concept. Yet, relatively few are familiar with the term ‘fast data’.
But they should be – size, after all, is only part of the equation. With data coming in at increasing speed from a growing number of sources – including mobile and wearable devices, sensors attached to equipment (i.e. the Internet of Things), the cloud and social media – data has become more unwieldy than ever before.
Perhaps the reason that fast data has taken a backseat to big data in mainstream conversation is because the two are so conceptually intertwined that it’s assumed that one follows the other.
Click here to read the full article on Information Age!