Q12Big Data Analytics
Question
4 marks
Describe the 5 V's of Big Data.
Answer
The 5 V's define the core characteristics of big data: Volume, Velocity, Variety, Veracity, and Value.
Volume is the sheer scale of data. Velocity is the speed at which data is generated and processed. Variety refers to the different formats (structured, unstructured, semi-structured). Veracity highlights data reliability and quality issues. Value represents the actionable insights and business intelligence derived from processing the data.