Data scientists and others often encapsulate big data by its dimensions known as the four Vs: volume, variety, velocity and veracity. But when considering big data as a source for insight to enhance decision making, it may be best characterized by its three Cs—confidence, context and choice—with
In the big data scheme of things, you can talk about the "3 Vs," the "4 Vs," or as many "Vs" as your fevered imagination can spin out. The "3 Vs" point to the "big" dimension of the big data phenomenon, but when you shift the focus from "big" data to "all" data, the fourth V becomes a cleaner fit.
IBM data scientists break big data into four dimensions: volume, variety, velocity and veracity. This infographic explains and gives examples of each.
For updated figures, please refer to the infographic Extracting business value from the 4 V's of big data.
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Matt Aslett, research director at 451 Research, wrote the foreword for the new book Harness the Power of Big Data, and he shares here some of his thoughts on the topic - and the book.
‘Big Data’ is a curious phrase. Since I first encountered it some three and a half years ago, it has come to be one