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VoltDB / Fast Data

Fast Data

Fast data is the application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value. The goal is to quickly gather and mine structured and unstructured data so that action can be taken.

Fast data is data in motion, streaming into applications and computing environments from hundreds of thousands to millions of endpoints – mobile devices, sensor networks, financial transactions, stock tick feeds, logs, retail systems, telco call routing, authorization systems, and more.

Systems and applications designed to take advantage of fast data enable companies to make real-time, per-event decisions that have direct, immediate impact on business interactions and observations. These systems operationalize the learning and insights that companies derive from big data.

I work on the VoltDB Scrum team tasked to create interfaces – both import and export – to many other applications and systems in the broader ecosystem of big and fast data. It’s an always-interesting place to be since we’re in the center of the very rapidly evolving world of open source and private platforms, applications and solutions.

Innovation in the telecommunications industry has been led primarily by hardware vendors, offering differentiating capabilities to carriers. This has created an environment of vendor lock-in and staggered progress due to lack of agility. A side effect of this is equipment and infrastructure obsolescence at a...

This blog was adapted from a post that first appeared on LinkedIn.There's an interesting article in The Economist on consumer IOT. Here's an interesting excerpt:Providers have focused on the home, touting products such as coffee pots that turn on when the alarm clock rings, lighting and blinds...