Enterprises produce high volumes of data every day and they must be managed in a secure and durable way. Storage services enable companies to manage data easily. Every day, huge quantities of data is generated at a high velocity with high variety, and the ability to get information out of it becomes a real challenge.
Data-driven companies like Formula One are great examples of how much profit a billion dollar company can make by the adoption of big data and data processing technologies.
The following is quoted from https://aws.amazon.com/solutions/case-studies/formula-one/:
To handle enterprise data, governance models must be adopted like data classification and its business lifecycle. Several factors must be taken into account when handling...