The 6 “V’s†of Data
Karl Fontanari
Working with clients to protect their data from any form of threat, as well as helping them become compliant with various regulations be that on-premise or in the cloud
The amount and variety of data is accelerating in most businesses at almost an exponential rate, largely driven by digital transformation initiatives as well as dealing with all the legacy data, both physical and digitized.
In a world where data is everything and for all intense and purposes has always been everything, the ability to handle it for business benefits as well as areas such as compliance and security have increased in priority.
Looking at all aspects of data can be summarised as follows based on six V’s, and potentially might serve useful in your on-going and future initiatives.
Volume
The shear amount of data now entering a business has to be reviewed in order to scope out how to handle it, as it now comes from many sources both internally and externally
Velocity
The speed at which it is arriving is becoming unprecedented and the ability to cope with this needs to be reviewed, especially in the light of faster networks and projects such as edge, IOT, AI, etc.
Variety
They types of data is increasing from unstructured, structured and object, when did you last review how different types of formats exist within your business
Veracity
Understanding the dependency to other existing or potentially additional data, needs to be considered in order to make it more meaningful, in areas such as trends, analytics, and various other models
Value
Data in many instances can decline in importance and potential value but still needs to be kept for compliance reasons and future audits and as such, this may have an impact on how its is dealt with and kept.
Validity
Is the data actually reliable and can it be validated from the source it comes from as the decisions based on this could be badly affect business considerations, the old phrase that still is true Garbage In Garbage Out.
Pulsant offers a variety of services from connectivity, edge computing, data centre services, hybrid clouds and cyber security, that can assist in how you handle data to help shape and grow your business.