7 V's of Big Data: learn more now

[shukla7789]

Previously, we talked a little about Big Data , but in this article we will bring new information about the topic.

First, we will review the concept of Big Data. Then, we will present the 7 V's that are behind this system and the benefits that your company can achieve by implementing Big Data.

Once again, Big Data is a tool that works like a very large database, which is capable of receiving information that is on the network, in panama number dataset to generating an analysis of it. Having access to this information about customers can help in the entire management of the business, in addition to proposing strategic changes and innovation.

What are the 7 V's behind Big Data?
#bigdata: Volume
New data is constantly being generated and stored by Big Data. This is why it is the main tool that can work with such a large volume of information, using specific software and technologies. An important point is that this data comes from several sources, which is why it has a large volume.

#bigdata: Variety
Big Data is capable of working with both structured information, such as spreadsheets and tables, and unstructured information, such as images and videos. This unstructured data is very present on the web, which is why this has been a major improvement achieved over time and with technological advancement.

#bigdata: Speed
Every second, thousands of new pieces of data arrive on the networks. All the time, connected people are taking actions such as sharing and liking things of interest on social networks, making purchases, and posting their data on a website. This new data feeds this system and, when cross-referenced and analyzed, generates new information about the market.

With Big Data, the process is much more dynamic than an actual database, as this information is stored instantly.

#bigdata: Veracity
It is not possible to prevent false information from entering this system. However, as it analyzes very efficiently, this false data is differentiated and can be eliminated, contributing to obtaining results with a high level of reliability.

#bigdata: Views
The more systematic and organized data is, the more it can be used and bring great results to the business. That's why thinking about this topic is essential.

#bigdata: Volatility
The entire market suffers from volatility. As new trends emerge, data can change. As we mentioned earlier, by being able to capture this information instantly and perform a good analysis, using Big Data it is possible to understand the volatile processes that are occurring and their motivations.

#bigdata: Value
It is important to understand the potential for value generation that Big Data allows through this data. Therefore, in addition to implementing it, you need to think about the benefits that you will be generating for your business with satisfactory use of the system. This way, you will be able to generate value when you know what to do with the data you have.

With Big Data, you can understand how customers see your brand, what they are looking for, who your target audience is and what they are looking for, as well as having a value base for your products and/or services, improving your Marketing team and meeting your customer's expectations.

Pay attention to the next articles, which will cover fundamental topics for good business management and which will allow you to understand market topics, trends and others in detail.