The Fundamentals:

Big Data & HR

Big Data: Revolutionizing the business

The 4Vs of Big Data

Widely regarded as the definitive explanation of Big Data

The 4Vs of Big Data - Volume

How “big” is Big Data?

Wal-Mart, handles more than 1m customer transactions every hour — the equivalent of 167 times the books in America’s Library of Congress

Facebook is home to 40 billion photos and counting

The number of tweets per day had reached 500 million up from 400 million in June 2012

The 4Vs of Big Data - Velocity

The flow data is now streaming in real time continuously

Sources of data flow

Analysis of large chunks of data takes only a few weeks now

Machines Networks People Interaction

Social Media

Mobile Devices

The 4Vs of Big Data - Variety

How varied is Big Data?

It is not just about the data- it’s about how you interpret the data and apply these insights to your business.

Click to view ‘What Is Big Data? Infographic’.

The 4Vs of Big Data - Veracity

This is believed to be the most critical aspect of Big Data

Biases, noise and abnormality in data is not uncommon

Veracity refers to accuracy of data

In order to get value out of Big Data, it needs to be reliable and supported by accuracy.

Big Data now leverages sophisticated algorithms that can handle inaccuracies inherent in data.

So how exactly can Big Data help HR?

Big Data means that you can now have answers to ALL your workforce related questions

Improvements in technology have made it quicker, simpler and more affordable to manage and interpret Big Data.

Click to access the rest of the eBook.