Which data storage solution is best suited for managing sparse, time-series datasets created from financial data?

Study for the Google Cloud Professional Data Engineer Exam with engaging Qandamp;A. Each question features hints and detailed explanations to enhance your understanding. Prepare confidently and ensure your success!

The best storage solution for managing sparse, time-series datasets created from financial data is Bigtable. This is because Bigtable is specifically designed for handling large amounts of data with high write and read throughput, making it particularly well-suited for time-series data where data points may vary in frequency and volume.

Bigtable supports sparse data structures, which allows it to efficiently store and retrieve data that may not have values for every time period. This flexibility is essential for financial datasets, as they often contain timestamps with varying levels of activity (for example, daily stock prices). The ability of Bigtable to handle wide rows—with many columns—makes it ideal for scenarios where each time point may have different attributes or metrics.

Additionally, Bigtable scales horizontally, providing excellent performance even as dataset size grows, which is common in financial applications where large volumes of data are generated continuously. The integration with other Google Cloud services and strong consistency model further enhance its suitability for managing and analyzing financial time-series data.

In contrast, other options like Cloud SQL and AlloyDB are relational database services that, while capable of handling time-series data, may not perform as efficiently with highly sparse datasets, especially when scaling is a concern. Cloud Storage is primarily an object storage service that is less optimized

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