The most popular and comprehensive Open Source ECM platform
Centralization has advantages. Big volumes mean that that there can be a focused vision on standardization, efficiencies, and cost savings. Data is more easily secured, stored and managed. Reporting is easier, and when there is abundant data, business analysis and decision tools are able to achieve better results.
Centralization has a lot going for it. But so does the the opposing view of decentralization.
Alex Rosen, co-founder of Ridge Ventures, recently outlined some reasons why centralization may not always be the right choice in VentureBeat. Regulations and Edge Computing are two big forces that are driving a push towards decentralization, but there are also big advantages in the redundancy and accuracy that can be achieved with decentralization. Decentralized storage schemes like blockchain ensure that data remains encrypted and very difficult to hack because the system is a zero-knowledge, zero-trust environment.
In the area of regulations. countries around the world, from China to the EU, are writing laws that restrict the outward flow of data from their borders. Likewise, private groups are seeking to avoid surveillance and spying from the centralized data warehouses of tech companies like Google, Amazon, and Facebook. People are looking for greater control and privacy of their data.
Zhamak Dehghani, director at ThoughtWorks, said that “the governance model in the old world has been very command and control, very centralized. In the world of a data mesh, the job of data governance as a function becomes finding equilibrium between what decisions need to be made and enforced globally and what decisions need to be made locally. I truly believe we need to reimagine that world.”