This CloudFormation template allows users to collect and process time series data from various sources, including the United States Geological Survey (USGS), and write it to InfluxDB. The template creates an AWS Lambda function that runs every hour, pulls earthquake data from the USGS, and writes it to a bucket in InfluxDB. The template also defines a role with basic permission to run the Lambda, a Python library layer with necessary libraries, and an event rule to trigger the Lambda every hour. By deploying this template, users can easily create a scalable and portable environment for collecting and processing time series data.