Cloud Computing
What is Big Data? an accumulation of data that is too large and complex for processing by traditional database management tools - Merriam Webster
What is cloud computing? the practice of storing regularly used computer data on multiple servers that can be accessed through the Internet - Merriam Webster
Is cloud computing a novel technology per se or an amalgamation of several traditional technologies? I believe it is both
What are the 3 major cloud computing service models?
Software as a Service (SaaS)
Infrastructure as a Service (IaaS)
Platform as a Service (PaaS)
Name at least 3 real-life problems that cloud computing can help solve them.
losing your work: If your work is on the cloud and you are connected to the internet, if your pc happens to crash, your work will not be lost.
Cost efficiency: less office space is needed because the data is accessible in any place with available internet and money can be saved on buying and maintaining expensive hardware.
security: cloud computing technology advanced to be very secure and is more reliable than traditional security systems and recovery of data became much easier.
What is the economic/business model of cloud computing? It is a "pay as you go” model. Big companies host cloud servers that other companies or individuals could pay monthly or annually to access for websites, applications, etc
Sources:
https://www.merriam-webster.com/
https://technologyadvice.com/blog/information-technology/4-ways-cloud-computing-can-save-money/