Big Data is comprised of the three Vs : Volume , Velocity , and Variety . Volume refers to the amount of data ; variety refers to the number of types of data ; and velocity refers to the speed of data processing . While there are those that argue that this term is too vague , the three Vs are still the defining properties of Big Data today .
We wanted to find out what ’ s really happening in the world of Big Data — and we found some really cool things going on that can and will impact most of our lives . Things that can and will impact most of our lives .
The technical definition of Big Data is “ extremely large data sets that may be analyzed computationally to reveal patterns , trends , and associations , especially relating to human behavior and interactions .” Simply put , Big Data describes any voluminous amount of structured , semi-structured , and unstructured data that has the potential to be mined for information . view source
According to the 3Vs model , the challenges of Big Data management result when all three properties expand - not just volume - and the sheer amount of data can be overwhelming on a day-to-day basis for businesses , researchers , even your healthcare provider . Seeing a trend , for example , can save a company a lot of money , help save a forest or provide a new medicine to help cure disease .
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