Consumer companies are exploring smart vending machines that have tiny computers on a wireless network which leverageinformation like usage dataand weather forecasts to determine replenishment schedules.
Enterprises with dataandinformation that are presently managed within an enterprise data warehouse (EDW) will leveragedata integration technologies, such as those offered by large established vendors like Informatica, newly recognized vendors like Hadapt or emerging start-ups like Splice Machine, with whom I spoke this morning, and begin a migration towards Big Data, or Big-Data-like techniques to gain insight, and ultimately business value and innovation from dataandinformation.
And third, an Information Cloud where virtualized information is integrated with business intelligence to allow corporations to leverage their data assets to achieve tactical and strategic goals.
Fast Data can leverage Big Data sources, but it also adds a real-time component of being able to take action on events andinformation before they even enter a Big Data system.
But in order to fully leverage all the information generated by connected devices, organizations will need to integrate these data streams into their existing data systems and applications so that Big Data can be analyzed and decisions made in a business context.