How ready are you for big data?

Big data has been the subject of a lot of hype lately. But that doesn’t mean it’s a fad; this movement is certainly here to stay. It is essentially the business of how we deal with the volume, variety, and velocity of data that is continuously accumulating around us. The idea is that we can learn quite a bit more about ourselves (both as consumers and enterprises) by sifting through all of the data that surrounds us. We’re now entering the formative years of Big Data being the fifth technology wave (mainframes, PCs, Internet, and social media being the previous four). And just as with every wave before it, your business is going to have to figure out the fundamental opportunities and challenges before you can make Big Data work for you:

Hadoop-based startup Cloudera raises $40M from Ignition Partners, Accel, Greylock

Cloudera provides its own take on Hadoop’s powerful open-source data management software and couples it with IT support and management. Using Hadoop, enterprises can store and process huge amounts of unstructured data. But Hadoop can often be unwieldy and difficult to manage, so Cloudera helps make it possible to manage that data effectively.