How Important is Data Migration in Digital Ecosystem
Patty Brown
?? Integration Solutions Executive at Kovair Software (kovair.com) - Tools Integration, Data Migration, DevOps, DevSecOps for Wealth Management firms.
Understanding data migration
In its simplest definition data migration is the process of shifting the data from one storage to another. This may include a change in the storage system or a complete switching of a computing environment. There may be several reasons why a software development company or an enterprise may need to volunteer for a data and application migration project. It could be a requirement for replacing servers, storage devices or decommissioning your current data center. Data migration is also considered an essential step when an on-site IT infrastructure of a company switches to a cloud computing (public, private, hybrid or multi-cloud) environment.
What is the need for data migration?
The need for data migration rises every time a new system is introduced in the setup. Also; at times it may involve application migration or consolidation of the data that is shared between one or more legacy systems. Similarly, requirements may also arise from the integration of an additional system with the existing application. Thus, irrespective of the nature of data migration the final requirement of the process is to improve the overall business performance and get additional advantage on the existing market competition.
Big data already existing or the data chunk is the main ingredient that increases the value of the enterprise applications. When this existing data is migrated or shifted to a new environment; flaws such as inaccuracies, unknown values, data duplication and redundant data become inevitable. There are also large possibilities that the data being used is already correct but is entirely inadequate; it may be faulty in terms of structure, content and is unable to fulfill the preset objectives.
Businesses spend billions of dollars migrating data among information-intensive applications. Still, up to 75 percent of new systems do not meet expectations, the reason being the flawed migration process that results in data that is not properly validated for the expected task. With a proper understanding of the challenges, strategic data migration can deliver accurate results and mitigate the liability of business process delays, budget inefficiency and all other vulnerabilities that may arise.
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The future of data migration – Cloud computing
Modern-day businesses are continuously generating growing chunks of data and are facing intense pressure to extract maximum value from it. This scenario has increased the pressure on businesses to choose cloud-based environments to make sure that the data is stored securely, and efficiently, and is accessible for all.
Organizations are thus choosing cloud computing to host their software-based products in the most cost-effective way and with seamless performance. Thus selecting the appropriate data and application migration solution is certainly the key component of your migration process. This should be taken care of during the preliminary stages.
Regular system upgrades and data migrations offer various opportunities for surging businesses, increasing agility, enhancing growth and focusing on business opportunities. It also reduces capital expenses while migrating applications to an advanced environment. Therefore it becomes rationally important to choose the type of data migration from the existing 3 types;?cloud migration, application migration, and storage migration.
Steps for an effective data migration process
How offshore vendors can help?