10 Reasons Why You Need a Cloud Data Warehouse
Data is everywhere. Pick up your smartphone and you can see the number of texts, calls, and tweets you receive on the daily. Go shopping and the cashier scans your clothes into a digital system tracking sales, revenue, and costs – not only for the individual store but for the hundreds of retailers in the chain. By 2025, it’s predicted that 463 exabytes of data will be created every single day.
Data is today’s most valuable currency. There’s no doubt that organizations are dealing with extreme volumes of data. But, not all organizations leverage this data in the best way to make business decisions confidently. So, how can your business stand out from the rest? With the power of a cloud data warehouse that combines both data management and analytics in one simple cloud solution.
Not sure if your organization is ready to make the leap to cloud data warehousing? Here are 10 reasons why you need a cloud data warehouse.
Deploy at the speed of light
Deployment in the cloud is fast. It’s near instantaneous, allowing you to quickly react to changing market conditions. Deploying a traditional on-premise architecture takes weeks, if not months, to set up the bare-bones physical infrastructure alone. In the cloud, a data warehouse can be deployed with the click of a button.
Scale up with ease
As your business expands, a cloud data warehouse can easily scale-up depending on the current needs. Is your organization growing? You can increase your data storage with a single click. Going through a slow period? Spend less on compute resources instantly. It’s a win-win.
Try the hybrid approach
Are your current data management solutions located on-premise? With a cloud data warehouse, you can meet in the middle and benefit from the best of both worlds. You can start by adding new workloads to the cloud or use your cloud data warehouse for convenient on-demand capacity. The upside here is that you don’t have to move everything to cloud all at once. Instead, you can transition when you’re ready.
Unite your data
Nothing is worse than when two teams from an organization have different numbers for the same metric. Whether the data is internal or external, cloud data warehouses provide a real-time, integrated view across all sources. This allows users to make decisions confidently and rely on the single source of truth provided by the cloud data warehouse.
Put safety (and security) first
Key security concerns are the same for both cloud and on-premise solutions and include the risk of external attack or malicious insider activity. According to security analysts, and contrary to popular belief, cloud security standards are surpassing traditional on-premise security standards.
Because teamwork makes the dream work
What’s beautiful about SAP’s cloud data warehouse solution is that there’s room for everyone. Whether you’re an IT Developer or Business Analyst, you can rely on SAP Data Warehouse Cloud to help you achieve your goals. IT developers can use programming languages such as Python and R. And, on the other side of the spectrum, Business Analysts can perform ad-hoc queries with SQL, analyze data, and create reporting dashboards with native analytics capabilities.
Trust in your data
SAP Data Warehouse Cloud makes it easy to combine all data sources into one consolidated source. Now, different teams can access the same data to analyze trends, compare KPIs, strategize, but most importantly, access the same source data. Brush the fear of data inconsistency and inaccuracy off your shoulders, because your cloud data warehouse has your back. SAP Data Warehouse Cloud is constantly updating and processing in real-time, allowing you to make decisions on the fly
It’s not risky business
SAP Data Warehouse Cloud makes it easy to govern data and react to risk. Implementing a cloud solution puts you in control of three key areas: data location, accuracy, and access.
- Data lineage means that you know exactly where data is created, stored, maintained, and where it’s going.
- Intelligent replication and virtualization mean that your data is refreshed in real-time creating an accurate single source of truth.
- Roles and permissions help you ensure each user has appropriate access-levels according to the associate risk.
- Plus, when changes are made, they’re tracked and dated in the cloud, making monitoring as breezy as it can be.
Say bye bye to administration costs
It takes a ton of resources to get a traditional on-premise data warehouse up and running. Time is spent installing the physical architecture, maintaining hardware, up-keeping the database and more. So, it’s not surprising when the costs of on-premise solutions add up. A cloud data warehouse allows system administrators to focus resources on greater strategic topics and dive right into the fun part of enabling the business.
Support for all types of data
In the times before “big data”, it’s fair to say that information was collected in a structured and reasonable way. Now, the 3 V’s of data (volume, variety, and velocity), have transformed data into the ocean of information available today. Whether it’s internal or external, structure or unstructured, you name it, the best cloud data warehouses, like SAP Data Warehouse Cloud, support all data, allowing organizations to make better strategic decisions and maximize profits.
Bonus reason: Get ready to level up with innovation
Cloud data warehouses are here to stay and are only going to get better. With emerging technologies such as artificial intelligence, machine learning, and more, organizations can expect to leverage these innovations to analyze data more accurately and efficiently. Get ready to level-up on strategy and decision making.