Question

What are the key benefits of using cloud technology to unlock value from data, especially for traditional Enterprises? Select the two correct answers.

Option 1: Businesses can access open source data like never before.
Option 2: Customers can collaborate with corporations to create industry trends.
Option 3: Businesses can query their data and retrieve results instantly.
Option 4: Businesses can process terabytes of data in real-time.
Option 5: Customers can now gain access to their own data instantly.

Answer 1

Businesses can access open source data like never before, and businesses can process terabytes of data in real-time. The correct options are 1) "Businesses can access open source data like never before," and 4) "Businesses can process terabytes of data in real-time."

Step-by-step explanation:

Cloud technology provides traditional enterprises with unprecedented opportunities to leverage data. With the cloud, businesses can access and integrate open source data sets, expanding their sources of information.

Furthermore, the cloud's scalability enables real-time processing of large datasets, allowing businesses to analyze and derive insights quickly. This agility in data processing enhances decision-making capabilities. The other options, such as customer collaboration for industry trends or instant access to individual data, might have benefits but are not directly related to unlocking value from data for traditional enterprises.

Options 1 and 4 are the answers: "Businesses can access open source data like never before," and "Businesses can process terabytes of data in real-time."