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1. According to Mark Hurd, why does his typical customer's IT budget increase by two to three percent per year (even when his typical customer does not do any innovation)? What are two main components of Hadoop?

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Title: Big Data and Hadoop

       Visit the following links to view "Oracle Big Data and Innovation: President Mark Hurd."

http://www.youtube.com/watch?v=F6YGZZeG_2M&feature=related

1. According to Mark Hurd, why does his typical customer's IT budget increase by two to three percent per year (even when his typical customer does not do any innovation)?

2. According to the video, forty three percent of workforces in USA will retire in the next 10 years. Why does this matter, according to Mark Hurd ?           Visit the following links to view “Explaining Big Data”

http://www.youtube.com/watch?v=7D1CQ_LOizA

3. The video illustrate two examples where big data are collected but not utilized. Describe the two examples.

4. What are two main components of Hadoop?

5. Are there any ways for small companies (who cannot afford internal big data) to use big data tools? How?

Word count: 409


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