Equipping your organisation with a cloud-based data warehouse provides you with the foundation to accelerate digital transformation.
Data has become a critical asset in today’s business and manufacturing environments. And with the increasing amount of information generated every day, it has become crucial for companies to have the ability to collect, store, and analyse this data efficiently.
Traditionally, data warehouses were (and in many cases, still are) implemented on-premises, i.e. within companies’ IT infrastructures. This approach is outdated today and cannot be the basis for tomorrow’s strategy. With the advent of cloud computing, more and more companies are choosing to move their data warehouses to the cloud: the advantages are manifold.
Data warehouse in the cloud: scalability and flexibility
One key benefit of having a data warehouse in the cloud is scalability. Cloud platforms provide elastic resources, allowing companies to increase or decrease computing and storage resources in proportion to the needs of the moment. This means that organisations can handle peak loads without having to invest in additional hardware while still ensuring optimal performance.
Cloud-based data warehouses also offer greater flexibility. Companies can easily add new functionality or integrate new data sources without the need for complex hardware or software upgrades. This allows them to quickly adapt to changes in the business landscape and remain competitive.
A cloud-based data warehouse reduces costs and simplifies management
Migrating a data warehouse to the cloud can result in significant cost savings. With traditional on-premises data warehouses, companies incur high costs for purchasing, maintaining and updating the necessary hardware and software. With the cloud, these costs decrease significantly because the provider manages the resources.
Moreover, managing a data warehouse in the cloud is generally easier than with on-premises solutions. In fact, cloud providers take care of the maintenance and management of the underlying infrastructure, allowing companies to focus more on analysing data and obtaining useful business insights. In other words, what really matters for a company whose core business is certainly not the management of its data warehouse.
Data warehouse in the cloud: accessibility and security
Another important reason for having a data warehouse in the cloud is accessibility. With the cloud, data can be accessed from anywhere in the world and any device with an internet connection. This means that employees can access data in real-time and collaborate more effectively, regardless of their geographical location.
Security is another crucial consideration when it comes to corporate data. Cloud providers invest considerable resources in data security, implementing advanced encryption, authentication, and monitoring measures to protect sensitive information. In many cases, cloud data warehouses offer higher levels of security than on-premises solutions, allowing companies to mitigate data management risks.
Data Warehouse in the Cloud: Why Choose It
As cloud technologies continue to develop, more and more companies will adopt this strategy to optimise their data management and remain competitive in the global market. According to the findings of Markets & Markets, the cloud data warehousing market was worth $4.7 billion in 2021: by 2026 it will have reached $12.9 billion, with an annual growth rate of 22.3%.
There are, therefore, many reasons why companies should consider moving their data warehouse to the cloud:
- performance is superior to an on-premise data warehouse;
- it costs less;
- It’s possible to easily integrate data;
- enabling further insights and real-time analytics;
- uptime is much more reliable;
- collaboration within the company improves.
Scalability, flexibility, simplified management and accessibility are therefore some of the key benefits of this solution. We look to the future for growth and efficiency.
