Top Reasons Why You Should Use Cloud Data Analytics
As everyday passes by, more and more companies continue to realise and respect the cloud as the best place for running enterprise-scale analytics. Yet, there are numerous countries all around the world who still shy away from cloud data analytics, being victims of several myths. As a provider of and more, we can confidently say that there is no such reason to drift away from cloud data analytics, a software group whose market is about to reach $57.055 million till 2023.
Cloud Analytics: Types and Uses
When we conduct data analysis along with all the related processes such as data integration, reporting, and aggregation storage on cloud, we collectively call it cloud analytics. One of the top reasons for its increasing popularity can be attributed to its ability to eliminate the costs related to hardware and high fault tolerance. Let us take a look at the three types of cloud analytics that you can choose from for your business.
Analytics Running in Public Cloud
If you are looking for the most cost-effective method for running cloud analytics, you can rely on public cloud. The cheapest method of all, public cloud splits the infrastructure costs to all the cloud tenants using a chunk of cloud for their services. Whether it is handling big data workloads or storing huge data sets, public cloud can efficiently work for your analytics. Moreover, while using the public cloud, you get to take maximum advantage of the latest tools and technologies such as machine learning, artificial intelligence and more!
Analytics Running in Private Cloud
For a better overall control on the IT infrastructure, companies should be recommended to choose private cloud over public cloud. Meeting any sort of data compliance and data security objectives is comparatively easy with private cloud. As the private cloud is physically located at the provider’s location or at your own office, it gives a better protection while solely maintaining only your company’s matters. Due to so many benefits over the other two options, private cloud is also the most expensive choice that you can make when it comes to cloud analytics.
Analytics Running in Hybrid Cloud
This is the best option for those who cannot afford a fully private cloud but still require to meet a set of data regulatory requirements. As public cloud might not be the answer for that, you can switch to hybrid cloud for your cloud analytics. As the name suggests, hybrid cloud provides you the best out of both private and public cloud while keeping the budget pocket-friendly. You get to keep a specific part of your analytics solution private while the rest of the solution remains public. With hybrid cloud analytics, you can cut your analytics costs by benefiting from the cloud computing tools available while you comply with the internal and external regulations.
What are the Benefits of Cloud?
Be it website development or analytics, we all know that cloud is the future. Let us see the various benefits we get when we switch to cloud:
Upscaling becomes an easier task when you switch to cloud analytics. You can buy computer resources from your cloud provider according to your needs at the time, and can manage your hosting needs in a better way. Cloud deployment permits users to even downgrade their storage options in case there is a dip in activity, making it a more convenient option than on-premises analytics.
Usually, most of the companies shying away from using cloud for analytics have security concerns to blame. Contrastingly, cloud providers have way better security than we think, and leading cloud providers such as Amazon AWS, Azure, and Google Cloud Platform are one of the best providers with high security maintenance of their cloud services. In addition to the already provided security, users also get the option of setting up added data encryption, enhancing the safety of your IT infrastructure further.
When it comes to leading cloud providers, they all guarantee a 99% service availability, which is more than you can ask for. The probability of a disruption in your cloud analytics solution turns almost zero thanks to the high level fault-tolerance systems set up in the cloud. Speaking from professional experience as an , we can vouch for this benefit, given that there isn’t any unplanned disaster happening at your location which can slightly alter the availability.