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What is Big Data and new ways to solve problems

Definition of the four Vs

  1. Volume: Data at scale, terabytes to hexabyte of data cumulated on cheaper and cheaper storages
  2. Variety: Data in many forms: structured, unstructured, text, images, video and general multimedia
  3. Velocity: Data in motion, straming data analitics
  4. Veracity: Data uncertainty, managing the reliability and predictability of inherently imprecise data type

Other Vs: Value, Volatili

New ways to solve problems

Data driven value