Hadoop in the cloud can be implemented with very low initial investment and is well suited for proof of concepts and data systems with variable IT resource requirements. In this chapter, I will discuss the story of Hadoop in the cloud and how Hadoop can be implemented in the cloud for banks.
I will cover the full data life cycle of a risk simulation project using Hadoop in the cloud.
I recommend you refer to your Hadoop cloud provider documentation if you need to dive deeper.
In the last few years, cloud computing has grown significantly ...