While doing some research regarding setting up the intranet of my company I noticed that a site collection storage limit for SharePoint online in Office 365 (E4) is 1TB.
I wanted to verify if this information is correct. If no, then I wanted to know what are the benefits of keeping just one site collection instead of multiple site collections. In my experience with On Prem version of SharePoint, I prefer separate site collections for sites with large data; that helps when querying for reporting purposes and is less compute intensive. Should I assume the same for SharePoint online as well?