Businesses are generating and ingesting an unprecedented volume of structured and unstructured data to be analyzed. Needed is a scalable Big Data infrastructure that processes and parses extremely high volume in real-time and calculates aggregations and statistics. Banking trade data where volumes can exceed billions of messages a day is a perfect example.
Firms are fast approaching 'the wall' in terms of scalability with relational databases, and must stop imposing relational structure on analytics data and map raw trade data to a data model in low latency, preserve the mapped data to disk, and handle ad-hoc data requests for data analytics.
Joe discusses and introduces NoSQL databases, describing how they are capable of scaling far beyond relational databases while maintaining performance , and shares a real-world case study that details the architecture and technologies needed to ingest high-volume data for real-time analytics.
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