the 4 critical vs of big data

A SERVICE BY

The Three Vs of Big Data Get You to the Fourth: Value

Presenter

Wes CaldwellChief Architect

Intelligent Software Solutions

Variety includes different types of data:Structured Unstructured Semi-structured All of the above

V1 - Variety of Data

Volume refers to the amount of data: Terabytes Records Transactions Tables, Files

V2 - Volume of Data

Velocity refers to the speed at which data is processed. Batch Real-Time Streams Near-time

V3 - Velocity of Data

3 V’s Converge

How can organizations benefit from all this data rather than being swamped by it or have their useful data disconnected and slumbering away on various databases or storage media?

The Big Data Challenge

Integration tools - get all your legacy and real-time data into one place

Search tools - enable you to query and actually make sense of data

Unlocking Big Data

The 4th V of Big Data is Value.TrendsSentimentPerspectivesRisks

Finding Value – the 4th V

The ability to spot a key trend that was previously invisible.

Finding cost savings from looking at an initiative or line of business from a different logistical perspective.

Detecting a point of contact with customers or clients where small improvements could yield significant gains.

Value Includes Factors Like

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