The 5 V's of big data (and their examples correlating to covid!) - Deepstash

Bite-sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

created 6 ideas

Data is a critical tool for today's fast-paced world. Covid pandemic has proved that recently. The fight against covid has highlighted how we can use an intensely data-driven approach for the future of our existence.

IBM

The 5 V's of big data (and their examples correlating to covid!)

The 5 V's of big data (and their examples correlating to covid!)

ibm.com

STASHED IN:

135 reads

The 5 Vs of Big Data

Big Data can be thought of as having 5 distinct dimensions. 

  • Volume
  • Velocity
  • Variety
  • Variability
  • Value

Volume

Refers to the Huge Volumes of Data.

An abundance, an explosion of Data.

Covid Examples:

The number of people getting infected through the peaks of the pandemic.

The number of people getting tested versus testing positive. 

Velocity

The speed at which new data is created,

and the need for the new data to be considered and analyzed.

The speed at which the data is generated and processed to meet the expectations.

Covid Examples:

The speed at which the pandemic was spreading to ...

Variety

The nature of data, their Heterogeneous sources of structured, semi-structured and unstructured data.

Diversity of Data Distribution.

Can lead to different Interpretations.

May call for Specialization and Standardizatio...

Variability (or Veracity)

Inconsistencies and Uncertainties in Data.

Depends on factors of data, like - sampling methods, mode of capture, place, time, intervals, parameters, accuracy, completeness, etc.

Can lead to variations in meaning, interpretation, processes, and challenges involved.

Value

How the data is put to work?

Can lead to informed decisions and measurable improvements based on the data being collected, analyzed, researched, and interpreted at a global-scale.

Covid Examples:

...

2 Reactions

Comment

It's time to

READ

LIKE

A PRO!

Jump-start your

reading habits

, gather your

knowledge

,

remember what you read

and stay ahead of the crowd!

Takes just 5 minutes a day.


TRY THE DEEPSTASH APP

+2M Installs

4.7 App Score