What is Big Data?
Big Data refers to data sets so large, fast or complex that traditional processing tools cannot handle them – characterised by Volume, Velocity and Variety – enabling analysis of years of operational data from large facility portfolios.
Technical Definition: A collective term for data sets so large, fast or complex that traditional processing tools cannot handle them. Characterised by the “3 Vs”: Volume (size), Velocity (speed of generation) and Variety (different formats). Big Data technologies enable storage and analysis of years of operational data from facilities.
Why it matters: A large property portfolio generates enormous data volumes. Big Data tools enable deep trend analysis, anomaly detection and energy benchmarking across hundreds of buildings simultaneously.
HubMind’s view: Big Data is only valuable if the underlying data quality is high. Before investing in analytics platforms, we help you ensure your facility data is correctly structured and consistently tagged.
Want to know more about Big Data?
HubMind helps you understand and apply Big Data in your facility.