2) Visualization : such large dataset can not always be expressed in bar charts or pie charts...so standard charting tools like excel and R dont work..you need to have good knowledge of charting libraries like d3 or openGl (for 3d visualization) to analyze and express their findings
4) Type of data: Econometricians are never comfortable with unstructured data set consisting of twitter feeds and apache logs..good knowledge of machine learning and graph algorithms are becoming very essential...Apache mahout a machine learning framework build over hadoop is looking extremely promising