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Big Data refers to data sets that are so large, fast, or complex that traditional data processing methods are inadequate to handle them. This concept is characterized by the Five V's: * Volume: The sheer amount of data generated. * Velocity: The speed at which new data is produced and needs to be processed. * Variety: The different types of data (structured, unstructured, semi-structured). * Veracity: The quality and accuracy of the data. * Value: The usefulness of the data for decision-making. In the context of AIOps, understanding Big Data is crucial as it involves combining big data analytics with machine learning algorithms to enhance IT operations.