Cloud computing and virtualization
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Cloud computing refers to the use of a collection of remote servers, connected
via computer networks and available through the internet. Virtualization is
what implements cloud computing. It blurs the boundaries between physical
computers by allowing multiple logical machines to be created on one hardware
platform, like a server. These two things in conjunction play such an important
role in making data science applications possible. Let's explore why. A large
number of organizations today still use their local servers but many of them
have already migrated to the cloud computing model due to its more
economically-efficient nature. Why is cloud computing cheaper? Well, that's
partially due to economies of scale. Basically, what that means is that more volume
leads to more savings. You see, cloud computing companies specialize in
managing server farms. That means they're handling a lot of volume. They're
distributing their fixed costs over more services. They have their know-how in…

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