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Characteristics of Big Data
Terms in this set (6)
Massive volumes of data, challenges in cost-effective storage and analysis
The rate at which data is produced and changes, and also how fast the data must be processed to meet business requirements.
The diversity in the formats and types of data. Organizations face the challenge of managing, merging, and analyzing the different varieties of data in a cost-effective manner.
The constantly changing meaning of data, which gives rise to challenges related to gathering the data and in interpreting its context.
The varying quality and reliability of data, which is challenged by increased noise and errors as more data is collected.
The cost-effectiveness of the Big Data analytics technology used and the business value derived from it.
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