Correct answer & explanation
✓Splunk Enterprise: Full-featured, licensed by daily indexing volume, includes search and alerting.
Splunk Enterprise provides full features with paid licensing based on daily index volume; Splunk Free is limited to 500 MB/day without authentication; Splunk Forwarder only forwards data; Splunk Cloud is a managed SaaS. Common confusions include mixing Enterprise and Free or Forwarder and Enterprise.
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