Splunk is useful for datasets of all types, and it allows you to use big data tools on datasets of all sizes. But with the recent focus on big data, its usefulness becomes even more apparent. Big data is a term used everywhere these days, but one that few people understand. In this part of the chapter, we will discuss aspects of big data and the terms that describe those aspects.
Much of the data that is large and comes quickly does not need to be kept. For instance, consider a mechanical plant; there can be many sensors that collect data on all parts of the assembly line. The significance of this data is primarily to be able to alert someone to a possible upcoming problem (through noticing a bad trend) or to a current problem (by drawing attention to a metric that has exceeded some designated level); and much of it does not need to be kept for a long period of time. Often this type of data loses its importance once its timeliness expires and its main usefulness...