Lately, the term du jour in IT management circles has been “Big Data,” used to describe the huge surge in information coming into enterprises from all directions, from the Web, sensors, transactional applications, end user files, and an abundance of other places. 

But when we talk about “big data,” is there anything new under the sun? In many ways, Big Data is a relative term that changes over time. Think about our threshold of “expensive.”  In 1980, a jaw-droppingly expensive car in a showroom may have had a price sticker of $28,000. Nowadays, no one blinks an eye at such as price.

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