3 A B C D E F G H I J K L M N O P Q R S T U V W Y

Big Data

Big Data is the vast amount of unstructured business data that exceeds convention processing power. It can be characterized by the 3Vs – high-volume, velocity and variety. Volume and velocity refer to the speed at which data is generated in real time from each and every aspect of operations. Variety refers to the diverse sources of this data: sensors on machines and many other assets, unconnected software applications, employee emails, social media etc.