Cloud platforms and other cloud-based technology dominate the world today as they enable organizations to easily collect and store valuable data that are related to clients, products/services as well as employees. These pieces of data can be considered as treasures because they house valuable information related to commerce, statistics and even trends, among others.  However, there can be big challenges in storing and saving them. This is because the amount of data is massive and manual means of storage such as in documents as well as in computer systems won't have enough space.

Databases and data warehouses are systems that store data but serve very different purposes. A database stores real-time information about a specific portion or department of a company. Databases help process the daily transactions of a company which could include records of daily sales, details of cash transactions, employee attendance, and more. They handle a massive volume of simple queries very quickly.