Big Data refers to extremely large and complex datasets that are difficult to process using traditional data processing applications. It's characterized by the 'Five Vs': Volume (the amount of data), Velocity (the speed of data processing), Variety (the different types of data), Veracity (the quality of data), and Value (the insights derived from the data). Big Data is commonly used for data analysis, business intelligence, predictive modeling, and other advanced analytics to extract valuable insights and support decision-making.
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