This document discusses the importance of edge computing and cloud computing for processing real-time and time-sensitive data from IoT devices. It explains that edge computing is better suited than cloud computing for applications that require low latency and instant decision making, as it processes data closer to the source where it is generated. The document provides examples of applications that benefit from edge computing, such as traffic management and healthcare. It also describes the different services provided by cloud computing, and concludes that a combination of edge computing and cloud computing can maximize their benefits while reducing their individual drawbacks.