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Gdfcbig Data History and Current Considerations: Volume. Organizations Collect Data From A Variety of Sources, Including

Big data has been collected and analyzed for ages, but gained prominence in the early 2000s with Doug Laney's definition of the three Vs: volume of data from various sources is large and still growing; velocity as data streams in rapidly; and variety as data comes in many formats, both structured and unstructured. New technologies help store and process the huge volumes of data that continuously pour in from diverse sources like business, social media, sensors and machines.

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18 views1 page

Gdfcbig Data History and Current Considerations: Volume. Organizations Collect Data From A Variety of Sources, Including

Big data has been collected and analyzed for ages, but gained prominence in the early 2000s with Doug Laney's definition of the three Vs: volume of data from various sources is large and still growing; velocity as data streams in rapidly; and variety as data comes in many formats, both structured and unstructured. New technologies help store and process the huge volumes of data that continuously pour in from diverse sources like business, social media, sensors and machines.

Uploaded by

Bruno martins
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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gdfcBig Data History and Current Considerations

While the term “big data” is relatively new, the act of gathering and storing large
amounts of information for eventual analysis is ages old. The concept gained
momentum in the early 2000s when industry analyst Doug Laney articulated the
now-mainstream definition of big data as the three Vs:

Volume. Organizations collect data from a variety of sources, including


business transactions, social media and information from sensor or machine-to-
machine data. In the past, storing it would’ve been a problem – but new
technologies (such as Hadoop) have eased the burden.

Velocity. Data streams in at an unprecedented speed and must be dealt with in


a timely manner. RFID tags, sensors and smart metering are driving the need to
deal with torrents of data in near-real time.

Variety. Data comes in all types of formats – from structured, numeric data in
traditional databases to unstructured text documents, email, video, audio, stock
ticker data and financial transactions.

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