IT Consultant Question:
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Do you know what are the five V’s of Big Data?

Answer:

The five V’s of Big data is as follows:

☛ Volume – Volume represents the volume i.e. amount of data that is growing at a high rate i.e. data volume in Petabytes
☛ Velocity – Velocity is the rate at which data grows. Social media contributes a major role in the velocity of growing data.
☛ Variety – Variety refers to the different data types i.e. various data formats like text, audios, videos, etc.
☛ Veracity – Veracity refers to the uncertainty of available data. Veracity arises due to the high volume of data that brings incompleteness and inconsistency.
☛ Value –Value refers to turning data into value. By turning accessed big data into values, businesses may generate revenue.

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