3 tips for rethinking your data management
TheEconomist Intelligence Unit recently discovered that the majority of business leaders believe that data is “critical” to the profitability of their business. So it’s no surprise that most modern businesses are looking to capture and analyze data. But how do you get there? A wide variety of technologies and types of deployments are available to them.
From Hadoop data warehouses and ecosystems to cloud, on-premises, and hybrid deployments, the data landscape is diverse and evolving rapidly. When evaluating and selecting data management tools for your business, it is important to understand major market trends. This will ensure the scalability of systems while taking advantage of today’s innovations in data management. Here are three new trends a business should consider when developing a data strategy:
1. Understand that the center of gravity of data is moving to the cloud
The “Cloud” has been around the tech industry for some time, but the cloud revolution has only recently reached data. Platforms such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform allow businesses to easily capture and store their data in cloud databases and in Hadoop ecosystems.
Data severity indicates their strength of attraction on services and applications. If the data resides in the cloud, for example, users might want their data management tools (from processing to analysis) to run in the cloud as well. The data center of gravity is now directly focused on the cloud, and this focus will only increase in the future. It is recommended that companies creating data ecosystems focus their efforts on cloud workflows to ensure that their systems can cope with this change in data severity.
2. In this move to the Cloud, hybrid data technologies are decisive for business activities
As they move their business to the cloud, established businesses often find that some of their data needs to stay on-premises. Security and privacy requirements, for example, may need to be stored behind corporate firewalls. It can also happen that the move to the cloud is a slow and incremental process taking several months or even years. Such scenarios reveal the need for hybrid solutions.
Hybrid databases can be deployed both in the cloud and on the corporate site. If it is not possible to move all of its data to the cloud or if an incremental move is preferred, then hybrid options provide the flexibility to bridge the data hosted in the cloud with that which is on-premises.
Undoubtedly, cloud native products such as Redshift and BigQuery are gaining more and more market share. However, it is still too early to see a winner emerge among all these technologies. Despite constant growth, cloud-native data sources represent only a quarter of all connections used in Tableau Online. Hybrid sources, on the other hand, never went below 60%.
Gartner recently announced that these hybrid solutions would become the norm by 2018. For companies making the transition to the cloud, hybrid technology is already Standard.
3. Data storage expands beyond our traditional database concepts
With the advent of the Internet of Things (or IoT, Internet of Things), data is now coming from everywhere. As a result, the capture and storage landscape has expanded to meet the demands of new and changing data flows.
Cloud-hosted data tools in particular are driving this expansion with products offered “as a service”. Newcomers like Snowflake are redesigning database delivery, while hosted solutions like Amazon Elastic MapReduce have extended the functionality of traditional Hadoop ecosystems.
And this range has not stopped growing! According to a study by Gartner, upheavals accelerate innovation in warehousing tools designed explicitly for data analysis. Therefore, businesses need to connect their analytics tools to not just one, but multiple data sources distributed across databases, Hadoop ecosystems, and web applications.
To take advantage of this fast pace of innovation in data, creating a data flow that prioritizes flexibility and choice above all else is essential.
Edouard Beaucourt, Director France, French-speaking Switzerland and North Africa, has joined Board in 2013 as Commercial Director for Large Enterprises. Previously, he held the position of regional sales manager for the professional analysis tools sector at IBM. He also worked in the sales department of Clarity Systems, Microsoft and Hyperion Solutions.