The Value of BIG Data


Today, I Learned about the value of BIG Data.

I learned that data can be defined using the 5 Vs which are volume, variety, veracity, value and velocity. Volume is the 4th V. The value of data comes from the value of what can be provided using the data and what companies can do using the data

I also learned that while companies can use the same tools to collect big data, the tools and methods they use to extract the value from the big data will vary between companies.



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