Big Data
Big Data
● Volume
● Variety
● Velocity
● Veracity
● Value
● Volume
● The name Big Data itself is related to a size
which is enormous. Size of data plays a very
crucial role in determining value out of data.
Also, whether a particular data can actually be
considered as a Big Data or not, is dependent
upon the volume of data.
● Hence, ‘Volume’ is one characteristic which
needs to be considered while dealing with Big
Data solutions.
Variety
● Variety refers to heterogeneous sources and the
nature of data, both structured and unstructured.
● During earlier days, spreadsheets and databases
were the only sources of data considered by most
of the applications.
● Nowadays, data in the form of emails, photos,
videos, monitoring devices, PDFs, audio, etc. are
also being considered in the analysis applications.
● This variety of unstructured data poses certain
issues for storage, mining and analyzing data.
Velocity
● The term ‘velocity’ refers to the speed of
generation of data. How fast the data is
generated and processed to meet the
demands, determines real potential in the data.
● Big Data Velocity deals with the speed at which
data flows in from sources like business
processes, application logs, networks, and
social media sites, sensors, Mobile devices,
etc.
● The flow of data is massive and continuous.
Veracity
− It refers to inconsistencies and uncertainty in data,
that is data which is available can sometimes get
messy and quality and accuracy are difficult to
control.
− Big Data is also variable because of the multitude of
data dimensions resulting from multiple disparate
data types and sources.
− Example: Data in bulk could create confusion
whereas less amount of data could convey half or
Incomplete Information.
Value
● After having the 4 V’s into account there comes
one more V which stands for Value!. The bulk of
Data having no Value is of no good to the
company, unless you turn it into something useful.
● Data in itself is of no use or importance but it
needs to be converted into something valuable to
extract Information. Hence, you can state that
Value! is the most important V of all the 5V’s.