Volume: All the numbers, e.g., Walmart handles over 1 million transactions per hour
Velocity: How fast data is being added, e.g., clickstreams, ads, machine to machine processes
Variety: What’s in the data, not just numbers, includes strings, dates, and different types like Google Maps directions and restaurant reviews
Veracity: Focuses on the quality, authenticity, and validity of the data
Value: Considers what an organization gains from retaining or acquiring the data