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Chapter 5




               4.3   Characteristics of Big Data



                                                  Financial and non-
                                                 financial, internal and
                                                  external, structured
                                                   and unstructured




                                                      Variety



                                                                                     Data only useful if
                     Is the data          Veracity               Velocity                turned into
                     accurate?                                                       information in real
                                                                                       time or quickly

                                                      Volume





                                                  Organisations hold
                                                 huge volumes of data,
                                                 e.g. supermarkets via
                                                      loyalty cards


































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