Big data term paper

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The new benefits that big data analytics brings to the table, however, are speed and efficiency. Whereas a few years ago a business would have gathered information, run analytics and unearthed information that could be used for future decisions, today that business can identify insights for immediate decisions. The ability to work faster – and stay agile – gives organizations a competitive edge they didn’t have before.

Big Data as the three Vs: Volume, Velocity, and Variety. This is the most venerable and well-known definition, first coined by Doug Laney of Gartner over twelve years ago . Since then, many others have tried to take it to 11 with additional Vs including Validity, Veracity, Value, and Visibility.

Strictly speaking, data is the plural of datum , a single piece of information. In practice, however, people use data as both the singular and plural form of the word, and as a mass noun (like "sand").

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Big Data as the three Vs: Volume, Velocity, and Variety. This is the most venerable and well-known definition, first coined by Doug Laney of Gartner over twelve years ago . Since then, many others have tried to take it to 11 with additional Vs including Validity, Veracity, Value, and Visibility.