The post-COVID-19 trends in global business demand streamlined, credible, efficient, predictable, secure, and unlimited data storage to cope with the massive online transactions. Managing large volumes of data across multiple sources in real-time poses challenges to online business. These challenges include cost, storage capacity, agility, security, accessibility that on-prem servers cannot handle.
Migrating data to the cloud solves these challenges and saves critical funds in the end. The cloud platform constantly matches the exponential growth of data volumes, velocity, and variety and allows the organization to scale up systems on demand. Cloud platforms automate your data processing pipelines and provide technical support at less the cost it takes an internal IT department. Here are the benefits of cloud-based data management.
Speed, scalability, and flexibility
Online business transactions require efficient real-time data processing to succeed. A cloud-computing platform that offers speed, scalability, and flexibility can help organizations integrate systems for efficiency. In-memory cloud technologies provide this agility through parallel processing and random access memory (RAM) storage. Deployed in a hybrid form, cloud and in-memory computing can handle increased data capacity with minimum disruptions or downtime.
In-memory computing optimizes the API and provides faster data processing in seconds better than conventional disks. With the constant caching of vast data, in-memory computing ensures excellent website performance and customization. In-memory technology is gaining popularity in data management as its prices drop to affordable levels.
Data integrity and compliance
A business requires accurate, complete, and consistent data for its operations. The organization’s data must sustain a high level of physical and logical integrity to drive its core functions efficiently. Data integrity also affects the security of stored information and regulatory compliance while protecting you from losses and leaks. Sustaining these high standards on-premises poses challenges to businesses and, many turn to off-site cloud data management for solutions.
Managing data centrally on a cloud platform ensures better compliance with current protection regulations in force. Cloud platforms always seek to enforce compliance for data stored with them and keep track of emerging changes in protection regulations. The cloud platforms can mitigate integrity risks to data management that include human and transfer errors, viruses, and hardware failures. This intervention frees personnel to concentrate on the organization’s core business and building educational apps for internal systems improvement.
Better contingency and faster disaster recovery
A data management plan that does not account for breaches and other emergencies can land companies in a lot of trouble. Most businesses do not understand that this is something that can affect a business at multiple levels. Right from eroding the goodwill and branding to costing the business financially, it is imperative that you have data destruction procedures ready at all times. If you are not working with specialists, you are exposing your business to a lot of unnecessary risks.
Cost optimization
The traditional on-premises storage requires a higher CapEx outlay to set up the initial infrastructure. Once in place, the infrastructure requires further investment in labor to run the servers round the clock. Additional sums of money for regular maintenance escalate the OpEx to significant levels that affect business revenues. Cloud data management provides the best alternative that offers cost optimization and superior service.
Migrating data to the cloud-based storage off-site helps lower the Total Cost of Ownership significantly and boosts revenues. The move saves on upfront funding and shifts focus to operational expenditure (OpEx) while providing agile data management affordably. The cost of storage on the cloud platform depends on the preferred type of service, and different options have multiple management abilities and costs. Select according to your needs and leverage storage classes or tiers to handle different data types to achieve lower total costs. Cloud data lifecycle policies provide superior performance and another avenue to lower cost.
Better contingency and faster disaster recovery
Every CEO strives to sustain business continuity in the unfortunate event of a disaster. A cyber-attack is the worst disaster for a business in the current digital environment. A cyber-attack on an on-prem server severely affects business operations and increases downtime if you lack an off-site backup. Some attacks could stretch the technical ability of the in-house IT personnel and take longer to resolve.
Cloud data management offers a better contingency plan and faster disaster recovery because this is their core business. Cloud platforms have access to the latest technology against cyberattacks and recruit the best IT techies in the market, ensuring a high level of service. The SLA signed between a business and the cloud service provider determines a faster return to normalcy after a disaster. An off-site data management system in the hands of professionals ensures optimum level of cybersecurity and business continuity at all times.
Unparalleled expertise and constant updates
Enterprise resource planning (ERP) is the nerve center of business today. ERP is the software that runs all the business processes across departments and must function optimally. The ERP suite operates through integrated modules sharing a common database. The modules include finance, HR, procurement, manufacturing, sales, logistics, asset, service, etc. Cloud platforms provide a pool of experts that help you optimize these modules with continuous updates.
Cloud data management platforms use cutting-edge technology and apply the latest innovations for excellent service. You enjoy the service of leading experts in the field at a fraction of the cost and benefit from the latest updates affordably. The cloud service provider handles updates in the background to optimize your processing pipelines. This optimization entails testing integration, customizations, and extensions in all likely scenarios to preempt future failures.
Ease of remote access
The pandemic moved most business transactions to online platforms due to social distancing. As employees started working from home to help contain the spread of the coronavirus, there was a need for secure and fast access to business data. Remote working is the new way of working and businesses are scrambling to adapt for the future. Most internal servers lack adequate configuration for remote access and may suffer security holes that compromise vital data.
Cloud computing platforms have the capacity and capability to handle remote access securely, effortlessly, and affordably. Cloud-based platforms provide secure access via the internet to authorized users on any device or from any location. Currently and in the future, using the Zscaler Private Access (ZPA) eases remote access to internal apps in the cloud without setting up a corporate network. The direct access technologies require no additional hardware and save costs with a superior bandwidth. Seamless and unrestricted remote access ensures consistency in user experience.
