Monday, August 19, 2013

The Big V’s of Big Data: Turning Information Overload into Big Sales

The three V’s (Velocity, Volume and Variety) are known for most of the visitors on this platform to describe big data. However, sometimes also the V of Value is mentioned or in this case the V of Viability. The below infographic describes viability as carefully selecting those attributes in the data that are most likely to predict outcomes that matter most to organizations. As many big data scientists believe that 5% of the attributes in the data are responsible for 95 percent of the benefits, paying attention to the most important attributes can be very rewarding:

This infographic was created by Big Data Software
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