Episode 7: What are the biggest challenges you face in managing data and technology at scale?

0:05 I love this question! Way back in 2001, the 3 V’s of Big Data emerged. 
0:10 Now, in 2024, it’s evolved to include five, or even seven, V’s. 

0:21 Volume: the amount of data generated today, which was unimaginable in 2001. 
0:31 Velocity: the speed at which data is created and received, from real-time streaming to offline bulk data. 
0:50 Variety: the diverse and evolving data formats, like CSV, JSON, Parquet, and Avro. 
1:22 Veracity: ensuring data reliability and accuracy, especially with diverse data sources. 
1:43 Value: extracting meaningful, actionable insights from Big Data. 

1:58 Big Data continues to evolve, presenting both opportunities and challenges in managing these V’s.