
In the last blog, we learned about what Big data is and now we have laid down the 3 V's that form this Big data.
- Volume: Data collected is immense and gathered through various platforms like IoT devices, social media platforms, surveys, etc. The data collected is both structured & unstructured and is of different value in different areas of business and cross terabytes or even petabytes of space for some organizations.
- Velocity: It is the speed at which data is collected and processed, with growth in technologies and data collection instruments like IoT devices & RFID, information is gathered in real-time & requires to be dealt with in real-time speed as well.
- Variety: Data is available in a lot of variety. Along with structured data, the new data is unstructured or semi-structured and in different forms like mails, reactions, numerical, texts, audio, video, images, etc.
Keep sharing your views, suggestions, and questions in the comment box below.
References:
'Big Data: The 3V's explained' (no date). available at: https://bigdataldn.com/intelligence/big-data-the-3-vs-explained/
Dave, P. 'Big Data: What is Big Data - 3V's of Big Data'. available at: https://blog.sqlauthority.com/2013/10/02/big-data-what-is-big-data-3-vs-of-big-data-volume-velocity-and-variety-day-2-of-21/
The next step to Big data is Analysis. The big 4 is using it increase thier revenue .. data is essential but analysis is what gives it meaning
ReplyDeleteYes! The most crucial part is the analysis!! You get it ! :D
DeleteGood explanation of 3V's of big data. It is crucial for companies to know this and successfully manage their data.
ReplyDeleteIt will be a waste if not managed properly! Thank you for Ksenya! :D
DeleteThanks for sharing useful information. The information you provided was very easy to read and understand.
ReplyDeleteI am glad I could put it out in a way to grasp easily. :)
DeleteVery well explained... Companies should include this in theirs collection process.
ReplyDeleteYes, very much needed to have that competitive advantage! Stay tuned :D
DeleteGood one Amrit.
ReplyDeleteThanks for sharing.
Thank you for giving it a read and sharing your comment Mani! :)
DeleteThank You. I have a better understanding of 3Vs now.
ReplyDelete