Big data is characterised by ‘the three Vs’ – volume, variety, and velocity. It describes digital information that is collected in large volumes (hundreds of terabytes to petabytes), is in a variety of formats (structured, semi-structured, and unstructured), and has high velocity (fast data sets that require real or near real-time processing). To these three aspects, we can also add a fourth ‘V’. Value. The true value of big data is nearly endless. From predicting buying behaviours, to intelligence-driven innovation, to finding new opportunities that could transform your business. Whatever your goal, MTI can provide exactly what you need to achieve it.
What’s the big deal about big data?
Big data is being generated by everything around us, and it’s happening all the time. It changes the way we work. It empowers organisations to gain valuable insights into their markets, and their clients. It enables these organisations to make better business decisions, to capitalise on new sources of revenue, to deepen client engagement, and even to prevent threats and fraud.
It is estimated that some 2.5 quintillion bytes of data is created every single day. That means that as much as 90% of all the data in the world has been created in the last two years alone. A large percentage of this data is unstructured and is dependent on rapid analytics. This causes challenges for organisations who must ensure that their storage solutions can handle large and rapidly growing volumes of data, can scale to keep up with growth, and can provide the IOPS necessary to deliver data to analytics tools.
Turning big data into big possibilities
MTI partners with EMC to deliver industry-leading solutions that enable you to store, manage, protect and analyse large volumes of data – both structured and unstructured. Offering support for a wide range of emerging workloads, we can help you to:
- Consolidate and eliminate inefficient storage silos
- Reduce costs and simplify management
- Easily scale to keep pace with growing big data storage needs
- Increase flexibility with expanded multi-protocol support
- Speed time to results, and reduce costs with in-place analytics
We understand that while big data can provide significant value, it can also represent a significant risk. MTI’s Security practice can help your organisation to put in place a proactive privacy, security, and governance strategy to ensure that all your data and insights are protected and secure.
Contact us today to explore how big data can help transform your business.
The big (data) opportunity
View our on-demand webinar, presented by Ryan Sayre, CTO-at-Large at EMC