The sheer volume of the world’s data has exponentially exploded in recent history, and will continue to do so at an unprecedented rates as technology continues to advance. In 2018, it was estimated that 33 zettabytes were currently in existence. That number is expected to increase to nearly 175 zettabytes by the year 2025. (One zettabyte is equal to a billion terabytes to put it into perspective.)
With this unfathomable amount of data existing in cyberspace, many companies are forgoing storage methods of the past and turning to the option of cloud storage. The cloud can offer data administrators and analysts many benefits to help enable better business decisions.
Our experts have compiled just a few of the benefits of moving your data storage to the cloud:
Availability – Data warehousing is intended to make the analytic capabilities of your company more accessible to many users to assist with decision making. Analysts unable to access your information in real-time could cause a loss of productivity and overall revenue. With a cloud solution implemented for data warehousing, multiple users can have access to the data without compromising of computing power. This means that business intelligence and other applications can also deliver faster, smarter insights into the data as well.
Industry Specialization – Many cloud service providers specialize in various industries to meet the unique needs of the clients in said vertical. For example, companies in the healthcare industry must meet strict compliance and privacy requirements for data storage that may be too advanced for a provider.
Scalability – As your company grows, the amount of data and resources required will inherently grow along with it. Instead of being reliant upon the physical expansion of hardware for storage, the cloud allows for a quick deployment of additional storage space for a much lower cost than a physical expansion. Should you need to reduce your amount of storage space, you have flexibly to adjust based on your needs.
Security – Cybersecurity should be a top priority for every organization. Although the cloud has suffered somewhat of a bad reputation when it comes to security, advancements and improvements to cloud infrastructure have made the cloud a much safer data warehousing solution compared to an on-premises solution. End-to-end data encryption and security measures beyond the minimum NIST requirements should be implemented as a precaution.
The experts at Imperium Data Networks are here to help you choose the best IT products for your data storage based on your specific company with a highly customizable solution. Do you have questions about data storage and the cloud? Contact us today to learn more.