The Importance Of Big Data

In the age where almost everything migrated to the digital world data become a valuable asset. Have you all heard that information is power? Data plays a very important role in making decisions in this digital era. To collect the required information, we can view or search for information in existing data sets. Well, a data set can be called big data. and how important Big Data is.

what exactly is the data itself? Data is a collection of information consisting of several facts that can be in the form of numbers, words, or certain symbols. It can be collected through a search or observation process using the right approach based on certain sources. while Big data is a collection of data that has a very large volume or size consisting of structured, semi-structured, and unstructured data that can develop over time.

There are 5 significant characteristics that stand out in Big Data

 with the nickname of Five V. Five V itself consists of volume, velocity, variety, Value, and Veracity

Volume

The name big data itself means data with a large size, therefore the size of the data itself has an important role. Data can be categorized as big data or not depending on the volume of data. For this reason, volume is one aspect that must be considered in dealing with big data.

Velocity

Velocity itself refers to data speed, how fast data can be generated and how fast data can be processed and analyzed to meet a need. In addition to data collection which must be fast, the speed of data transfer is also very influential, especially in the process of sending data. If big data has a speed that allows it, then the data can be received or used directly (real-time).

Variety

The variety here can be interpreted as the variety of data types owned by big data. Usually, traditional data types are more structured, but as big data develops, there is a lot of new data in the form of unstructured and semi-structured data, such as text, or data in the form of audio and video. These data require additional processing so that the meaning of the data can be understood.

Value

The value itself has the explanation of value or meaning. Data can be said to have value if the results of processing the data can help in making better decisions. Usually, this value characteristic is needed in the business field.

Veracity

Veracity here refers to the level of accuracy in data collection and how accurate the data is. With data that has a high level of accuracy, then decision-making will be better and maximal. Just like value, veracity is also often needed in the business field.

Use Values of Big Data:

1. Big data can be used to predict or analyze the cause of a problem that occurs in the system. The use of big data can also minimize failures. The results of the analysis can be used and displayed in real-time.

2. Big data can be a reference for developing a product. The information that is approximately needed will be stored in big data and the results of the analysis can be the basis for making the right decisions for business development.

3. Big data can reduce time and cost. By using big data data storage will reduce costs. In addition, the process of sending and receiving data can also be faster.