Benefits of Data MordernizationVinayak Patil
In the fast-paced high-risk digital age we live in, data is our greatest weapon. However, data is only valuable as long as it is accessible. This means that businesses that, not just want to survive but thrive, in this digital age require quick access to data, seamless integration services, and highly scalable, flexible, and low maintenance databases.
This enables them to make critical decisions in real-time, which in turn will help them serve their customers better, stay ahead of their competitors, and increase their operational efficiency. Hence businesses that intend to stay viable in the modern era need to ensure that they can easily and securely access their data. It is for this reason that more companies are feeling the need for data modernization.
Data modernization in simple terms is the moving of data from legacy databases to modern databases. Legacy databases are soon becoming obsolete as they are not capable of processing large amounts of data at the speeds and efficiencies that businesses need to stay ahead. This has led to an increased demand for data modernization. Here are some of the benefits that come with modernizing business data centers:
Increased business agility
When it comes to making critical business decisions, the faster a company can access high-quality real-time data the better. Sadly however, legacy systems cannot handle the strain of processing large volumes of data with the speed and consistency that is needed to make critical decisions. Modern data systems have a faster delivery time of data and provide the flexibility that companies require to stay ahead. Fact is, in businesses if you cannot be agile then you will be left behind, which is what will happen without data modernization.
When it comes to data management, being able to understand how a company’s employees are using data and whom they are sharing it within and outside the company is vital to ensure its security. However, visibility-limiting silos are quite common in legacy systems making data harder to track and secure. Furthermore, it is harder to meet the compliance requirements demanded by the General Data Protection Regulation (GDPR) in siloed systems. Modern systems luckily make this much simpler. It is also easier to analyze a company’s network and application performance in modern systems to enable accurate and earlier detection of security threats.
Reduced need for management and faster efficiency
Modernization of a company’s data center removes a lot of the administration and maintenance work that is usually required by legacy systems. With traditional database systems, there is usually an increased chance of challenges occurring that need to be fixed by a company’s IT staff. Thus, it is likely that your company’s staff will spend a lot of time on day to day management, supporting, and securing IT infrastructure. Modernizing your data will enable your staff to be able to dedicate their time to more valuable things. This pushes them to be more productive and be more innovative in the workplace.
Reduced infrastructure costs
Data modernization greatly reduces the cost of operation. Managing large amounts of data on-premises is unsustainable. If a company sticks to legacy systems, they will have to spend valuable time and resources on purchasing, installing, and managing hardware. Modernizing data allows the company to cut most of these costs while also providing you with better quality data at quicker speeds.
While there are still some risks and challenges that come with data modernization, the benefits that come with it further outweigh the cons. Fact is, legacy systems are becoming outdated as they can no longer keep up with processing the huge volumes and variety of data that most companies contain today. Thus, any business that wants to maintain a competitive edge in the information era needs to invest in data modernization.