Six Benefits of Moving Business Intelligence to the Cloud

Six Benefits of Moving Business Intelligence to the Cloud

Six Benefits of Moving Business Intelligence to the Cloud

In 2015, IBM estimated that 2.5 quintillion new bytes of data were generated each day. This data proliferation shows no sign of slowing down as more businesses undergo digital transformation to better respond to the rapidly changing industry demands. Many companies are even appointing a Chief Data Officer to exclusively control, manage, and govern this surge in data volume. As devices and applications are put into the hands of more users, organisations need a high-performance, secure, and cost-effective platform to properly manage their data and content. The software must enable easy and remote access, as well as collaboration both between customers and suppliers, and other seemingly disparate groups. This is where the cloud comes in as an ideal solution.

Here are six reasons why companies are starting to make the switch from on-premises data storage to the cloud:

With the cloud, companies are no longer tethered to a single physical location to store data. Global organisations can choose to store data in datacenters located around the world, so data is accessible when and where it’s needed. By ensuring that users are accessing data stored nearby, companies can reduce latency and make quick decisions when milliseconds matter. The ability to support customers all over the world opens up entirely new streams of revenue. In addition, the cloud provides a reliable backup should a server go down. Organisations can take comfort knowing that an alternate server is still up and running – ensuring that their data is always readily available. The ability to support customers all over the world opens up entirely new streams of revenue. In addition, the cloud provides a reliable backup should a server go down. Organisations can take comfort knowing that an alternate server is still up and running – ensuring that their data is always readily available.

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Cloud infrastructure can be configured specifically to meet users’ needs. Most cloud providers offer multi-tenant environments, where different groups of users can access data through different points, but those that offer single-tenant cloud environments can deliver even better performance and improved security to users.

Cloud services often come pre-configured, meaning that the set-up time is minimal.

 



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