List the five important V’s of Big Data.

devquora
devquora

Posted On: Feb 22, 2018

 

The five important V’s of Big Data are:

  1. Value – It refers to changing data into value, which allows businesses to generate revenue.
  2. Velocity – Any data growing at an increasing rate is known as its variety. Social media is an important factor contributing to the growth of data.
  3. Variety – Data can be of different types such as texts, audios, videos, etc. which are known as variety.
  4. Volume – It refers to the amount of any data that is growing at an exponential rate.
  5. Veracity – It refers to the uncertainty found in the availability of data. It mainly arises due to the high demand for data which results in inconsistency and incompleteness.

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