Rami Branitzky, CEO, Numenta (now called Grok): 45% of big data is high-velocity data. Since the advent of the smart meter utilities have seen 3000X growth in the data they store but only half a percent of the data is being acted upon or being processed.
[youtube http://www.youtube.com/watch?v=TVnXGD-LqZs]
About GilPress
I'm Managing Partner at gPress, a marketing, publishing, research and education consultancy. Also a Senior Contributor forbes.com/sites/gilpress/. Previously, I held senior marketing and research management positions at NORC, DEC and EMC. Most recently, I was Senior Director, Thought Leadership Marketing at EMC, where I launched the Big Data conversation with the “How Much Information?” study (2000 with UC Berkeley) and the Digital Universe study (2007 with IDC). Twitter: @GilPress