Data processing plays a very important role in parsing and enriching data to create insights faster and visualize data with the required analytics. Data processing basically includes event, timestamp, and host configuration.
Any data uploaded on Splunk is termed as an event. An event can be anything from a log activity, error logs, usage logs, to machine-generated data from devices, servers, or from any other sources. Events are used to create visualization and get insight about the source in the Splunk environment. So, it is required to process the events properly, depending on the data and source. The processed events' settings and configurations can be stored later in a source type.