Big Data Is the New Cloud Computing
Grazed from Motley Fool. Author: Tim Beyers.
Big data used to have a specific meaning. Meant to describe cast-offs such as log files, this information was "big" because of the amount of electronic refuse created when processing, say, an e-commerce transaction. Big data used to be an exercise in digital dumpster diving.
Those days are gone. At the annual South by Southwest Interactive conference, "big data" became a proxy for social data compiled by the likes of Facebook and Twitter. A synonym for capturing sentiment, but on a grand scale. Every company had to become a "big data" company, panelists enthused…

