Cloud Big Data
Without the processing capability to extract valuable insights from it, data is a big mound of garbage. Companies used to invest substantially in data storage and computing capacity to keep up with the volume of data created online today.
Cloud computing now provides a solution for storing large amounts of data and scaling up storage capacity in data lakes with only a few clicks. They can execute data analytics on data by setting up virtual machines on cloud services based on the amount of processing power they require.
The most notable benefit of cloud computing is the scalability of resources required for data storage and the flexibility to scale computation down and up in response to consumption and peak hours.