5V’s of Big Data
Characteristics of big data defined as Volume, Velocity, Variety, Veracity, and Value.
115 topics found for
“data-driven decisions”
Big Data
Extremely large data sets that can be analyzed computationally to reveal patterns, trends, and associations.
Big Data Engineer
A professional who designs, builds, and maintains systems for processing large-scale data sets.
Moneyball
The practice of using data analytics and metrics to make informed decisions, focusing on measurable outcomes and efficiency rather than intuition or traditional methods.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Normal Data Distribution
A symmetrical, bell-shaped distribution of data where most observations cluster around the mean.
Data Analytics
The practice of measuring and analyzing data about digital product adoption, usage, and performance to inform business decisions.
Big Data Analytics
The process of examining large and varied data sets to uncover hidden patterns, correlations, and insights.
Analytics
The systematic computational analysis of data or statistics to understand and improve business performance.