> An alternate definition of Big Data is “when the cost of keeping data around is less than the cost of figuring out what to throw away.”
This is exactly it. It's way too hard to go through and make decisions about what to throw away. In many respects, companies are the ultimate hoarders and can't fathom throwing any data way, Just In Case.
Really appreciated the post overall. Very insightful.
As an anecdote to this article, when business folks have come up to me and asked about storing their data in a Big Data facility, I have never found the justification to recommend it. Like, if your data can fit into RAM, what exactly are we talking about Big Data for?