Four V’s of Big Data
Value of the Decision Making based on Data
It is widely accepted that these four attributes define Big Data. They are called the four V’s:
Veracity the trustworthiness of the data. How accurate or truthful is the data set.
Variety refers to the Many Types of data that are available
Velocity is the Fast Rate at which data is received and (perhaps) acted on
Volume refers to the Amount of data. With big data, you’ll have to process high volumes of low-density, structured data and IoT data