A financial institution wishes to leverage cloud computing to improve their data analytics capabilities. Due to stringent data sovereignty laws, they must ensure that sensitive customer data is stored and processed within the country. Additionally, they seek to balance this requirement with the flexibility to scale resources during peak transaction periods. Which cloud model would best suit their needs?
Opting for a public cloud model
Selecting a private cloud model exclusively
Choosing a hybrid cloud model
Migrating entirely to a community cloud model