Definition - What does Velocity mean?
Velocity is a 3 V's framework component that is used to define the speed of increase in big data volume and its relative accessibility. Velocity helps organizations understand the relative growth of their big data and how quickly that data reaches sourcing users, applications and systems.
Techopedia explains Velocity
Velocity is a combined data infrastructure and data management process that addresses different concerns that are visible after the creation and addition of big data objects. Velocity covers factors like website or application response, transaction execution time, data analysis and automatic and quick updates across all data stores. Velocity is directly related to the entire data infrastructure and architecture in managing and delivering data to recipients as quickly as possible.
Velocity also calls for building big data solutions that incorporate the following:
- Data caching for faster data access to critical applications and services
- Periodic extraction and orchestration of data across all data stores
- Deploying architecture and infrastructure with minimal data and network latency