FIVE V’S OF BIG DATA

I have completed a course on Introduction to Data Science, where I studied some concepts related to Big Data and got some notes which only now I am sharing in this platform

Big Data refers to the dynamic, large and disparate volumes of data being created by machines, people etc.

Five V’s of Big Data:-

1. Velocity:- It is the speed at which data accumulates. Eg: Every 60 second hours of footage are uploaded to Youtube which is generating data.
2. Volume:- It is the scale of the data or increase in amount of data stored. Eg: World population is 7 Billion, they generate and store data.
3. Variety:- It is the diversity of the data. Eg: Text, Pictures, Audio, Internet of things etc.
4. Veracity:- It is the quality and origin of data and its conformity to facts and accuracy. Eg: 80% of data is unstructured and must be categorized, analyze and visualized.
5. Value:-It is our ability and need to turn data into values.

When I was searching images I got to see new ‘V’ terms and their definition so I placed it for others convenience.