Design a cost-optimized data platform for a company processing five terabytes of data daily with a mix of batch analytics, real-time dashboards, and ML workloads. Walk through your architecture decisions and how you would minimize total cost of ownership.

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Designing a cost-optimized platform for five terabytes daily across batch, real-time, and ML workloads requires careful architectural decisions that balance performance requirements with cost efficiency at every layer. Start with the cost drivers analysis.