Found usage:
“Big data is a term applied to data sets whose size is beyond the ability of commonly used software tools to capture, manage, and process the data within a tolerable elapsed time”.
What does "tolerable elapsed time" really mean? I do understand it in this context, but still I'd be happy if someone explains this in more details.
In addition, is there a better and a fancier word for meaning: "tolerable elapsed time"? I'd be happy to see this one.
Thanks a lot.
EDIT: One thing I just came up with is, "short time iteration".