Big Data in Summary

Here is a quick summary of the different concepts related to Big Data.

• What is Big Data — A large amount of data which cannot be processed and stored by a single system.
• Sources of Big Data — The three broad categories of sources of Big data are People, Machine and Organisation. Customer ratings and social media posts are some examples of people generated data. Data captured by sensors and cell phone towers are examples of data generated by machines.
• Types of Data — Data can be classified as structured, semi-structured or unstructured.
• Applications of Big Data — Big data has applications across retail, financial services, healthcare, manufacturing, etc.
• 4Vs — The 4Vs of Big data are volume, velocity, variety and veracity.