In the last two decades, internet speed and access has sharply increased across the globe causing an explosion in the amount of data being produced and collected. Top companies are scrambling to make sense of such huge data sets and all agree that the struggles and opportunities of BIG DATA surround the “3 VS”: volume (the amount of data), velocity (speed of data in and out), and variety (range of data types and sources). But exactly how much data are we talking about?
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Source: americanis