“Big data is a term describing the storage and analysis of large and or complex data sets using a series of techniques including, but not limited to: NoSQL, MapReduce and machine learning.
The Method for an Integrated Knowledge Environment open source project. The MIKE project argues that big data is not a function of the size of a dataset but its complexity. Consequently, it is the high degree of permutations and interactions within a dataset that defines big data.
The National Institute of Standards and Technology. NIST argues that big data is data which: “exceed(s) the capacity or capability of current or conventional methods and systems”. In other words, the notion of “big” is relative to the current standard of computation.”
The new definition of Big Data.