Businesses are generating massive amounts of data through its various data points and business process. Small companies can collect all the generated data into tools like excel sheets, accessing databases, and other devices. But in the case of huge businesses, the data which they generate cannot fit into such tools which cause human error instance to be increased drastically due to manual processing.
3V's of Big Data.
1. Volume
The name Big Data itself has to do with a vast size. Data size plays a significant role in assessing meaning from the data. (Guru99.com, 2020)
For Ex: Facebook has 2.37 billion users, Youtube has 2 billion users, Instagram has 1 billion users, and Twitter has 126 million users. All users of these social media share trillions of posts, images, videos, tweets, etc. Just think about the volume of data generated every single minute. (Big Data Framework, 2019)
2. Variety
In earlier days, spreadsheets and repositories were the only data sources that most of the programs noticed. For analytics systems, data in the form of emails, images, photographs, monitoring devices, PDFs, audio, etc. are also being considered. (Guru99.com, 2020)
For Ex: High-variety data sets would be the audio and video files generated by CCTV at different locations in the city. (Big Data Framework, 2019)
3. Velocity
Big Data Velocity describes how quickly data travels from channels such as business processes, code reports, networks, social media sites, sensors, mobile devices, etc. Data flow is enormous and continuous. (Guru99.com, 2020)
For Ex: Twitter messages or Facebook posts would be data generated at high velocity. (Big Data Framework, 2019)
Reference
- Big Data Framework (2019). The Four V’s of Big Data | Big Data Framework©. [online] Big Data Framework©. Available at: https://www.bigdataframework.org/four-vs-of-big-data/ [Accessed 20 Feb. 2020].
- Guru99.com. (2020). Introduction to BIG DATA: What is, Types, Characteristics & Example. [online]Available at https://www.guru99.com/what-is-big-data.html [Accessed 22 Jan. 2020].
- WHISHWORKS (2017). Understanding the 3 vs of Big Data - Volume, Velocity, and Variety. [online] Whishworks.com. Available at: https://www.whishworks.com/blog/big-data/understanding-the-3-vs-of-big-data-volume-velocity-and-variety [Accessed 24 Feb. 2020].
Thank You. I have a better understanding of 3Vs now.
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