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Cloud Data Management: Provides Benefits of Cost Savings and Efficiency
A combination of one part cloud computing and another part data management builds the foundation of a one of top-priority components for many enterprise CIOs: Cloud Data Management.
The benefits of managing enterprise data in the cloud include:
- Centralizes the management of the data pipeline to manage enterprise data efficiently.
- Centralizes management of data quality and metadata.
- Centralizes company information and knowledge.
- Centralizes management of security, governance, and compliance for the enterprise.
- Provides modern capabilities like containers, serverless, APIs, and microservices.
- Easier scalability/elasticity for aggregating data from all aspects of business data.
- Easier to set up and administer compared to on-premise solutions.
- Easier auditability.
- Built-in product upgrades.
Mike Waas, CEO of Datometery, in an interview with TDWI summarized two major benefits of cloud data management:
Waas said that “not surprisingly, the primary benefit is the anticipation of drastic savings. Compared to an on-premises data warehouse appliance, cloud-native systems can achieve a cost reduction of up to 75 percent. The savings are a combination of lower fees and a reduction in personnel because managed cloud systems liberate enterprises from having to staff large support teams. A close second when it comes to benefits is the prospect of generating new revenue. In the cloud, companies expect to be able to tap into a bevy of integrated processing capabilities, ranging from the flexibility and rapid scaling to complete vertical-specific solutions.”
