The document provides an outline on big data and Hadoop. It discusses what big data is, how it is generated from various sources, its key characteristics of volume, velocity and variety. It describes the benefits of big data including cost reduction, time reduction, and supporting business decisions. It then explains what Hadoop is and its main components including HDFS, MapReduce, NameNode and DataNode. Hadoop allows distributed processing of large data sets across commodity servers to store and process large amounts of data.