Article / Updated 03-26-2016
The best way to understand the economics of big data is to look at the various methods for putting big data to work for your organization. While specific costs may vary due to the size of your organization, its purchasing power, vendor relationships, and so on, the classes of expense are fairly consistent.
Big data types and sources
The most important decisions you need to make with respect to types and sources are
What data will be necessary to address your business problem?