Big Data

A term used to describe the large data sets which exponential growth in the amount and availability of data have allowed organizations to collect. Big data has been articulated as “the three V’s: volume (the amount of data), velocity (the speed at which data may now be collected and analyzed), and variety (the format, structured or unstructured, and type of data, e.g. transactional or behavioral).

Associated term(s): Metadata

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