1. Huawei Certified ICT Associate (HCIA) - Storage V4.5 Courseware. In the "Big Data Technology and Application" chapter
Big Data is defined by its key characteristics: Volume
Variety
Velocity
and Value. The course material explicitly states that Big Data technology is used to process and analyze these large datasets to extract value
which directly aligns with the question's phrasing.
2. Gandomi
A.
& Haider
M. (2015). Beyond the hype: Big data concepts
methods
and analytics. International Journal of Information Management
35(2)
137-144. (DOI: https://doi.org/10.1016/j.ijinfomgt.2014.10.007). Page 137
Section 2
"Defining big data
" describes Big Data analytics as "the application of advanced analytic techniques to big data sets" to "extract value
" highlighting the core concepts of Volume
Variety
and Velocity mentioned in the question.
3. MIT OpenCourseWare. (2016). 6.S096 Topics in Computer Science: Big Data. Lecture 1: Introduction to Big Data. The course defines Big Data as the process of extracting value from large volumes of a wide variety of data
enabling high-velocity capture
discovery
and analysis
which perfectly matches the scenario described.