"Big data is at the foundation of all of the megatrends that are happening today, from social to mobile to the cloud to gaming."
- Chris Lynch
Ask any highly successful company out there and they will all unequivocally agree that data is a precious commodity. Companies use data to not only make informed short-term decisions that affect their day to day operations but also as a guide for shaping their strategy in the long term. In fact, in some industries (such as advertising), data is the product!
Nowadays, with the advent of cheap storage solutions, the collection of data has increased exponentially in comparison to the last few years. Furthermore, the rate of increase in storage requirements is expected to keep following an exponential curve well into the future.
While there are quite a few solutions for processing structured data (such...