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Today, we are living in a data-driven world where we are constantly getting advanced every day. In such an advanced world, it is essential for organizations to choose data warehouse cloud solutions to harness the power and leverage the potential of data. When an organization correctly chooses a data warehouse, it helps streamline data management, improve analytical capabilities, and make data-driven decisions. In this guide, we will essentially take a look into the essential factors that you have to consider when it comes to selecting the best data warehouse solution.
What do you mean by Data Warehouse Cloud Solutions?
As you already know, data warehouse cloud solutions live online. Unlike conventional online data warehouses, cloud-based warehouses do not require physical hardware installation. Hence, a data warehouse cloud solution has better stability and seamless implementation. Compared to on-premise data warehouse models, they are considered budget friendly.
How to decide on a data warehouse cloud solution?
Understanding your data requirements:
The very first thing that you need to check is to understand the data requirements of an organization. In order to do this, you can ask the following questions.
- You need to analyze how much data the organization generates on a regular basis and store them.
- You need to understand the kind of data that the organization generally handles—whether it is unstructured, semi-structured, or structured data.
- You need to understand how often you require accessing and analyzing the data generated in your organization.
- Lastly, you must quickly understand the growing data volume and whether you need a scalable solution or not.
On-premise Vs. cloud solutions
Before you decide on data warehouse cloud solutions, it is crucial to understand your unique requirements.
- Cloud-based solutions: When you choose data warehouse cloud solutions, it provides cost-effectiveness, flexibility, and scalability. It also reduces the overhead maintenance as cloud providers have the efficacy to handle the operational aspects. However, when it comes to dependency and security concerns with internet connectivity, it can still be a little bit of a drawback. but, when it comes to budget restriction, a cloud-based solution is definitely a beneficial decision as it provides a subscription-based solution.
- On-premise solutions: On-premise solutions are again another option that organizations can choose. They offer unique security and better control over generated data. However, on-premise models have a higher upfront cost and also need continued maintenance. Scalability is most commonly limited compared to cloud solutions, which can be a significant drawback with the growth of data volumes.
Evaluating scalability and performance:
When it is about organizations that continue to grow, scalability and performance are known to be the major factors. You have to pay attention to this when it comes to finding data warehouse solutions. Query performance is generally the factor that determines how fast the solution will be able to process complicated queries and provide information. Concurrency is the ability of the solution to handle several queries and users simultaneously without degrading the performance. Scalability ensures that the solution keeps growing with the growth of your data, which is when data warehouse cloud solutions become exceptionally beneficial.
Integration capabilities:
Today, organizations are constantly advancing, and they are looking forward to integrating robust functionalities. Choosing a robust data warehouse solution that enables seamless integration abilities with the existing system and other data resources. There is no denying the fact that organizations might already work with systems and solutions. Hence, solutions offering seamless integration ensure a great addition. Efficient transformation, extraction, and loading processes are essential to moving data into the warehouse. Data warehouse solutions with API ensure easy data automation, and integration with third-party business intelligence tools and analytics ensures improved overall performance.
Data compliance and security:
Data compliance and security are important when it comes to choosing data warehouse cloud solutions. They ensure that the solution complies with regulatory requirements and industrial standards. The major considerations while deciding on data, compliance, and security are the inclusion of end-to-end data, encryption, robust access control, and authentication methods. You also have to make sure that they comply with the regulations as per HIPAA, GDPR, and SOC2.
Cost consideration:
One of the major aspects that every organization has in mind is budget consideration. It is an essential factor in the entire decision-making process. So, it is important that you examine the Total Cost of Ownership before choosing the solution. The total cost includes the cost of licensing and initial set-up, support, maintenance, and ongoing subscription fees. You also have to make sure there is no scalable cost when there is growth of data volume.
Support and user-friendliness:
When you choose user-friendly data warehouse cloud solutions, it can significantly reduce the overall learning curve. It also can improve the overall adoption rate. However, there is a need to consider an intuitive interface, user-friendliness, and the availability of user-friendly tools. Solutions that provide comprehensive tutorials and documentation will be constructive for organizations. The availability of a support system can be beneficial, which includes customer service and technical support that you must consider while deciding on a data warehouse cloud solution.
When should you consider a data warehouse?
There are several reasons and situations when you would need a data warehouse. The following are some of the most common scenarios.
- If you wish to store critical business data
- If you want to make a comprehensive analysis of CRM, Mobile, web, and other applications from a single place.
- If you want to get a deeper understanding by analyzing raw data.
- If you want to give access to multiple professionals to the same set of data simultaneously.
Conclusion
So, now that you have comprehensive knowledge about data warehouse cloud solutions, when to consider them, and how to choose them, it will become easier for you to make a decision. However, make sure that you always look for professionals who have knowledge of data warehouse cloud solutions, implementation, integration capabilities, and maintenance. Hexaview Technologies is the name of a provider with exceptional team members having knowledge of working with solutions. With them, not only can you get comprehensive knowledge about the solution, but also maintenance and implementation services.