Big Data: The 10 Key Words You Need to Know
Big data is a term that has been thrown around a lot in recent years, but what exactly is it? Big data is a term used to describe the large and complex datasets that are generated by modern technology. These datasets are often too large and complex to be processed by traditional data processing methods.
10 Key Words of Big Data
- Volume: Big data is characterized by its large volume. Datasets can range from terabytes to petabytes to even exabytes of data.
- Variety: Big data comes in a variety of formats, including structured, unstructured, and semi-structured data.
- Velocity: Big data is generated at a high velocity, often in real-time.
- Veracity: Big data can be unreliable or inaccurate. It is important to clean and verify data before it can be used for analysis.
- Value: Big data can be used to extract valuable insights that can be used to improve business decisions.
- Visualization: Big data can be difficult to understand in its raw form. Visualization tools can be used to make data more understandable.
- Analytics: Big data can be used to perform a variety of analytics, including descriptive, predictive, and prescriptive analytics.
- Cloud computing: Cloud computing can be used to store and process big data.
- Security: Big data security is a major concern. It is important to protect big data from unauthorized access and use.
- Privacy: Big data privacy is another major concern. It is important to protect the privacy of individuals whose data is included in big data sets.
Big data is a powerful tool that can be used to gain valuable insights from data. However, it is important to be aware of the challenges associated with big data, such as volume, variety, velocity, veracity, and value.
Here are some additional insights into big data:
- Big data is growing at an exponential rate.
- Big data is being used in a variety of industries, including healthcare, finance, and retail.
- Big data is having a major impact on society.
- Big data is creating new jobs.
If you are interested in learning more about big data, here are some resources:
- Big Data: A Revolution That Will Transform How We Live, Work, and Think [invalid URL removed] by Viktor Mayer-Schonberger and Kenneth Cukier
- Big Data for Dummies [invalid URL removed] by John Paul and Linda Baker
- The Big Data Field Guide [invalid URL removed] by Mark Van Rijmenam