The Key to 'Big Data' Mastery

Mike Olson, Cloudera

The amount of data available for financial services—growing at a mind-numbing rate—is both a blessing and a curse in the terms of analyzing and storing it.

During the 2010 Hadoop World Conference, Abhishek Mehta, then a managing director at Bank of America, and now founder of Tresata, cited a Cisco Systems’ estimate that by 2013 700 zetabytes (ZBs) of data would be flowing across the Internet. A zetabyte represents 1,000 exabytes (EBs), or 1 million petabytes (PBs).

Mehta attributes part of the

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