Extremely large information sets that may be analysed computationally to reveal patterns, trends, and associations, especially relating to human behaviour and interactions.

Comment

This term has four dimensions:

  • volume (amount of data);
  • variety (number of types of data);
  • velocity (speed of data processing);
  • veracity (truthfulness or reliability of data).
Source

Based on McAfee, A. and Brynjolfsson, E., 2012.