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Depending on what you read volume is just one element.
As the guys have alluded to in earlier posts, it can also include breadthe of data. I've heard several instances where clients have been told they can join anything and everything and the correct result will magically pop out. Usually something plops rather than pops.
And many conventional db will manage more data than most organisations have, although there are a few instances where volume does become an issue
In general I would regard the term Big Data as marketing hype with organisations being sold a dream that they could easily crack with tools other than hadoop etc.
+1 Good design is king


