Big Data is everywhere. But to harness its potential, organizations should understand the challenges that come with collecting and analyzing Big Data. The three values that are important in managing big data are volume, velocity, and variety. These three factors serve as guidance for Big Data management, highlighting what businesses should look for in solutions.
But even as organizations have started to get a handle on these three V’s, two other V’s, veracity and value are important as well, if not more so.