Final answer:
Among the Five V's of Big Data (Volume, Velocity, Variety, Veracity, and Value), it is the Value that is key for deriving business insight. It represents the usefulness and relevance of big data in generating actionable insights for improved business decision-making.
Step-by-step explanation:
The Value among the Five V's of Big Data describes the real purpose of deriving business insight from big data. These five V's are Volume, Velocity, Variety, Veracity, and Value. While Volume refers to the amount of data, Velocity is about the speed at which new data is generated and processed, and Variety refers to the different types of data available,
Value stands out as the most important aspect when it comes to business insights. It is because Value represents the usefulness and relevance of the data, focusing on turning raw data into meaningful insights that can lead to improved decision-making and strategic business moves. Without extracting Value, the other V's become less impactful for businesses since the ultimate goal for analyzing big data is to gain actionable insights that provide a competitive edge and drive business success.