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Shrinidhi Rao posted an update
5 V’s of Big Data
The 5 V’s of Big Data Volume, Velocity, Variety, Veracity, and Value define the key characteristics of data in the digital era. Volume refers to the massive amounts of data generated every second. Velocity highlights the speed at which data is produced and processed. Variety encompasses the diverse data types, including structured, unstructured, and semi-structured formats. Veracity emphasizes data accuracy and reliability, ensuring its trustworthiness. Finally, Value focuses on deriving meaningful insights from data to drive decision-making and innovation. Understanding these five dimensions is crucial for organizations leveraging big data for strategic growth.