“…In this paper, the business decision process of Big Data in the current stage is summarized as follows: Target requirements, Algorithm design, Data storage, Data preprocessing, Data interpretation, and Quantitative decision making. Based on relative theories such as 4Vs (Volume, Variety , Velocity, Value (Cukier & Schönberger, 2013)), 5Vs (Volu me, Velocity, Variety, Value, Veracity (Bernard, 2014)), 5Rs (Relevant, Real-time, Realistic, Return on investment (Stidston, 2014)), HACE (Heterogeneity, Autonomy, Complexit y , Evolution (Wu, Zhu, Wu, & Ding, 2014)), and BigKE (Big Data Knowledge Engineering (Wu et al, 2015)), this paper defines the nature and scope of Big Data as follows: Big Data, whose nature is data and information, is a series of procedure for processing, computing and storing an endless stream of data through a medium of transmission by means of a predetermined set of information gathering methodology.…”