Big Data: What Does It Really Cost?
June 4, 2014
There are two major platform architectures for implementing big data analytics: the data warehouse and Hadoop. A key challenge is choosing which of these big data solutions to use for a specific analytic application. In this WinterCorp Report, a framework for determining the total cost of data (TCOD) is presented, factoring in not only all system-related costs but also the software-related cost of developing the analytic business solution, including the cost of developing the applications, queries, and analytics that use the data.
The report presents two big data application examples and shows how each would be implemented using (1) data warehouse technology and (2) Hadoop. It then calculates the five-year TCOD for each solution.