How Cloud Computing is Transforming Data Management Solutions?

The digital revolution has significantly changed the way we live and conduct business. With cloud capabilities at their core, the business landscape is transitioning from unsystematic approaches to more holistic practices. As per Statista estimates, global investment in digital transformation would double from US$1.8 trillion in 2022 to a staggering US$2.8 trillion by 2025. Industry experts and thought leaders concur that a well-defined data engineering mechanism is the gateway to a complete digital metamorphosis.

Data management encompasses the end-to-end process of data collection, storage, security, access, and usage, irrespective of its position in the pipeline. To realize the complete value of data assets, data leaders have to be proactive and collaborative. Legacy data management solutions have become time-consuming and expensive. That’s where cloud computing comes in! The practice of applying analytics to data in the cloud drive has come to be termed ‘cloud-based analytics’.

Evolution of Data Management Solutions on the Cloud?

The major technological leap occurred when computing methods advanced to grid computing, which involves sharing computing resources. Since the ‘90s, large-scale companies like Salesforce have played a crucial role in making cloud computing accessible through their Software-as-a-Service (SaaS) products.

Data has been around for centuries but a major leap occurred, in terms of data management, since the advent of Google in 1998, making data more widely available on computers or mobile devices. Today, the world runs on data and estimates suggest that by the year 2025, over 100 zettabytes of data will be stored in the cloud (1 zettabyte = 1 billion terabytes or 1 trillion gigabytes). Different analytical techniques enable organizations to derive actionable insights from the stored data, delivering better services to customers.

Cloud Computing Models

Public Cloud

Owned and operated by third-party cloud providers, this is the most common option. Reports from Statista indicate that the public cloud market’s revenue will grow at an annual rate (CAGR 2023-2027) of 13.81%, reaching a market volume of US$881.80 billion by 2027. Microsoft Azure is one such well-known platform. The benefits include lower costs, lower maintenance, high reliability, and near-unlimited scalability.?

Private Cloud

Only one organization uses this platform, maintaining the infrastructure themselves. Generally, government agencies and large corporations use this model. Better control, higher degrees of privacy, and greater flexibility are the advantages associated with private clouds.

Hybrid Cloud

Combining the advantages of public and private clouds, a hybrid solution lets users avail public cloud resources as per their requirement, saving on significant costs in the process.????

Cloud Service Solutions for Data Management

Businesses, worldwide, rely on the flexibility and robustness of cloud service models that support big data management. For a secure move to the future, cloud computing service models are a popular choice.

Platform-as-a-Service (PaaS)

Cloud platforms on which United Techno developers create applications and more with minimal hassle. Eg.: Microsoft Azure, Google Cloud, Amazon Web Services.

Software-as-a-Service (SaaS)

Holding the largest share of the cloud market, with an estimated market volume of US$253.90 billion in 2023, SaaS solutions are gradually becoming a dedicated service solution for organizations and vendor-delivered service solutions. Eg.: Dropbox, Salesforce, etc.

Infrastructure-as-a-Service (IaaS)

Automated computing platforms like Google App Engine, VMware, RackSpace, and more are scalable solutions that are considered to be the building blocks for cloud services.

Why Select United Techno’s Cloud Data Management Solutions??

Tracing Better Insights

Cloud analytics enables the recording and processing of data simultaneously, irrespective of the local server’s location. Our clients can track crucial business insights from one location, facilitating different parts of their operations independently.

Scalability

With the cloud, scaling the analytics effort becomes more straightforward. Organizations can add storage based on their needs, and we enable them to increase their responsiveness to newer business requirements swiftly.

Social Media Information

Cloud storage provides our clients the opportunity to analyze data faster, with faster results, and in a targeted manner. The areas of improvement can be detected based on detailed real-time reports.

Data Governance and Security

Businesses have better control and security of their confidential data on the cloud. The United Techno data analysts create highly encrypted cloud solutions that are secure from cyber attacks or natural disasters and provide better auditing capabilities and a single source of truth.

Cost-Effective Solution

By eliminating the need to maintain hardware, data centers, or other physical entities, cloud infrastructure designed by our data experts is highly cost-efficient. Costs are adjusted based on the desired scaling levels, offering flexibility in budget planning.?????

Pathway to the Future

Organizations are increasingly choosing cloud solutions due to the attached benefits that have made data management a much easier process. The United Techno cloud experts assist clients with faster data processing and analysis by providing the following services:?

Improving Regulatory Requirements

Privacy infringements and inadequate data protection measures have cost companies thousands of dollars in fines. Safeguarding customer data, payment information, and passwords is the responsibility of organizations to avoid penalties. Statistics point to the fact that around 52% of businesses prefer cloud solutions with their own native security tools.??

Data Governance

The role of data governance gains prominence in determining which data collection, storage, and access policies. The entire data team needs to collaborate to meet the governance standards.

Data Mesh

Breaking the monolithic data lakes to centralize the components is the essence of a data mesh. Independent cross-functional teams get to utilize well-distributed data products in a better way.

Data Transformation or ELT

Automated tools have made data transformation easier, without the need for complex coding, and constant incoming upgrades.

Data Streaming

Stream processing is on the rise, with lower levels of latency and robust infrastructure to manage large quantities of data.?

Data Quality and Observability

The pillars on which data observability rests are completeness, accuracy, consistency, and validity. It refers to understanding the health of the data. Data observability platforms designed by our experts empower data teams to identify and resolve issues.

United Techno - Your Ticket to the Future of Cloud Data Management??

The “future” of data management has already started to take shape. With every passing day, newer ways are being developed to streamline and automate processes and achieve higher levels of efficiency. Data leaders have to identify the opportunities well ahead of time and implement cutting-edge practices to meet future requirements.?

How many cloud services or apps are being used by you? What opinions do you hold on cloud computing? Do you foresee issues with the cloud computing market in the near future? With decades of expertise in the territory and a global network of cloud data managers, United Techno will ease your curiosity with relevant clarity and real-time solutions. We assist you in leveling up your data management efforts to the maximum capacity.