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7 Cards in this Set

  • Front
  • Back

Volume

How much data we have.

Velocity

At what speed incoming data needs to be accessed and processed.

Variety

Having different forms of data sources, like unstructured ( no definite format like videos, images, audio), or structured (easy to process).

Veracity

Authenticity of data being used. Needed as firms make use of this data and make decisions.

Variability

Focusses on understanding and interpreting correct meanings of raw data that depends on its context

Visualization

How data is presented to the management for decision making. Data should be readable, understandable and accessible.

Value

Organization needs to get back some sort of value after the immense efforts and resources spent on a project. This generated value gives ability to make effective and efficient decisions.