This document discusses big data, defining it as large amounts of data with meaningful insights that require analysis beyond traditional methods due to their volume, variety, and velocity. It describes challenges like shorter time to react to incoming data and data economics considerations. It then introduces the big data approach of using NoSQL databases and analytical databases to capture, process, and analyze large, complex data in real-time. Examples of big data use cases are given like preprocessing and storing incoming data and enabling real-time actions. Sears is discussed as a company that competes through big data analysis of customer information. The future of big data is predicted to have continued high growth rates and new career opportunities.