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Characteristics and Challenges of Big Data

In today’s digital-era, we are bowed down by the massive data that is generated at exponential rates. Technically, this massive data is referred to as Big Data. Simultaneously, the need to manage Big Data arises. Big Data, due to its high volume, velocity, veracity, value, variety, leads to various issues. In this paper, we talk about the various challenges faced because of the exorbitant amount of data. We not only face challenges in processing, but also in designing, analysing, storage, management, privacy and security issues