Big Data

The 5 Vs

Big Data is commonly characterised by 5 Vs:

  • Volume –how much?
    • The quantity of data points
  • Variety – what kind?
    • The type and nature of the data: text, image, video, audio
  • Velocity – how frequent?
    • How fast the data is generated and processed
  • Veracity – how accurate?
    • How trustworthy the sources are
  • Value – how useful?
    • How actionable the data is