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It's More About "Wide Data" Than Big Data
Wall Street and Technology: Rather than thinking about the physical size of data, consider the importance of being able to relate different sets of data. For financial services firms, the complexity isn't found in the need to store more data; it is in how best to link, arbitrate and cleanse all of the data required to support regulatory needs. So, it becomes less about how big the data is and more about its breadth and reach across the organization. The new challenge in the next few years will revolve around managing what could be called Wide Data.
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