Big Data refers to massive datasets. One method of characterizing their components is by referring to the five Vs: volume, velocity, variety, veracity, and value. That means that these datasets are unique because of their sheer size, the speed by which they are increasing, the fact the data contains a variety of different types, the quality of the data, and its value.
Big Data Is Only Going to Grow
Data are accumulating at an astounding pace. Consider all the social media generated each day, add the data from billions of sensors in IoT networks, add to that number medical records including X-rays, insurance paperwork, test results, and so on, and don’t forget all the records companies keep on customer interactions. International ...
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