Fast Data as a different approach to Big Data for managing large quantities of “in-flight” data that help organizations get a jump on those business-critical decisions. Difference between Big Data and Fast Data is comparable to the amount of time you wait downloading a movie from an online store and playing the dvd instantly.
Data Mining as a process to extract info from a data set and transform it into an understandable structure in order to deliver predictive, advanced analytics to enterprises and operational environments.
The combination of Fast Data and Data Mining are changing the “Rules”
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