You’re probably had enough of hearing about big data and its relevance to your business. It’s 2017, if you’re not collecting AND analyzing big data, you’re getting left behind. No, the conversation is no longer about whether or not you should be investing in big data analysis, it’s how.
Let’s talk data storage. The biggest quandary with big data handling is storage. It’s possible that you could be dealing with petabytes of information over the next few years, and at that scale, investment in the right kind of storage is a must. The major battle being fought is between investing in your own servers (on-premise, private cloud,) or ‘renting’ cloud storage space (public cloud.)
To make it crystal clear, here’s a brief for you: Cloud storage is data storage that’s still on servers. The difference is that it’s remote, meaning it’s accessed via the internet, not internally, and you don’t actually have a physical server to store your data. Other than that, it’s the same old storage you’re used to.
So just how is this simple difference an advantage? Here are the top five reasons to go cloud with your big data storage.
1. Storage Space
Imagine you invest in your own servers, you get a location, get a company in to fit it, hire people to maintain it – what happens when you’ve filled your servers? Easy, you have to get more. With the cloud you don’t get that because let’s just say that it’s someone’s else’s problem. You can reach your limit and simply upgrade to double your storage capacity.
That’s assuming you can afford to set up your own servers in the first place.
Enter cloud storage. The cloud offers an easily expandable storage space – at scale – and you only pay for the resources that you use. Meaning, you only pay more if your big data is getting, well, bigger.
The cost of setting up your own servers is phenomenal. It’s only a really viable option if you’re a large business that requires such a huge amount of storage that the set up cost of company servers is dwarfed by storage rental.
While renting out storage space via the cloud may seem like an exorbitant cost, when you look at how it compares to the alternative, could you afford that amount in one hit? Very doubtful. And set up is not the only cost…
Did you know how easy it is to breach your business premise’s security? Things are no better for your cyber security, too.
How much do you pour into your cyber security right now? Imagine having to protect a thousand times more data that might be even more sensitive. There really is a never ending supply of costs that add up when running your own servers.
But again, if you use the cloud, you’re paying a company to take care of security for you. Of course you have to choose a plan that suits the level of protection needed for your data, but you’ll still be saving even if you have to pay a premium.
Imagine, if you will, that you are company working on the development of a new medicine, things are looking good and you’re already being clever about the way you record your findings using your biology ELN. You’ve invested in your technology and even have your own servers to store the data on. You go to look at your finding from the past few months to carry out analysis only to find your servers have crashed. Ouch.
If you’d maybe thought ahead, you’d have backed up your important data on the cloud as well as keeping it on your servers. Because even if you have the budget for your own storage, bad things can happen to good businesses.
When it comes to big data, the cloud is an invaluable asset to your business and the most realistic in terms of cost. So, look after your data and it’ll look after you.