There is huge amount of data and searching for ways to use that data can seem terrifying. Although very little of this data is useful, more and more can be extracted for useful patterns and information. This portion of the useful data is called “Big Data”. For now Big Data is a good way for any company to gain advantage but in the coming ten years use of Big Data will be inevitable. Cloud computing and things like Hadoop and NoSQL provide data analyzing tools to several businesses and entrepreneurs to help analyze the right data sets. Experts on Big Data give some useful tips on how to use this technology.
Know the problem you are trying to solve.
The better way to think about the use of Big Data is to consider it as a tool to solve challenges. Once the problem is identified the data can be used to find a solution.
Start small and grow.
It is a good idea to run a trial analysis and see if it solves the problem. If it doesn’t then you haven’t risked much and if it’s a success you will come out with useful data.
Choose the right data.
 Although it can be difficult to find data, data should be combined from different places to obtain the most useful ones.
Move Fast.
Big Data is not only about analyzing information but also acting on it in real time so that all parts of the company is moving towards a common target and can make the most out of the available data.
Read More at: http://www.forbes.com/sites/mikemontgomery/2015/05/07/small-businesses-shouldnt-fear-big-data/