While the concept of gathering large amounts of data for analysis has existed for ages, it gained momentum in the early 2000s when Doug Laney defined big data using the three Vs: volume, or large amounts of data from various sources; velocity, referring to the speed at which data streams in; and variety, covering the different formats data can take.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
21 views1 page
Big Data
While the concept of gathering large amounts of data for analysis has existed for ages, it gained momentum in the early 2000s when Doug Laney defined big data using the three Vs: volume, or large amounts of data from various sources; velocity, referring to the speed at which data streams in; and variety, covering the different formats data can take.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1
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: information ss 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:sBigData 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.