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Most industry analysts define big data in terms of volume, velocity, and variety of data.
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The volume and velocity of money is a reflection of economic activity, not the cause of it.
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Additionally, Big Data computing will require specialized technology to support the volume, velocity and variety of data.
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The volume and velocity of conversation on certain topics can at the very least serve as a barometer of voter sentiment.
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The hot IT buzzword of 2012, big data has become viable as cost-effective approaches have emerged to tame the volume, velocity and variability of massive data.
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Given this, how are the newest smart marketing people dealing with the volume and velocity of data and using it to gain insight relative to what consumers want and need?
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As the volume, variety and velocity of data increase, opportunities for firms that embed analytical insights into decision-making will continue to grow.
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"We expected it to sell fast, but we were shocked at the velocity and the volume, " Steinberg said.
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The rise in the volume, variety, and velocity of data, the arrival of many new types of analytical tools all across the business intelligence value chain, and the emergence of new forms of computer science dedicated to data processing such as Hadoop, has created a vacuum.
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Every way I looked at it the velocity of money was anything but stable and the volume of goods and services produced went up and down on the basis of what the expectations were of the future.
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