There are many advantages that come with using a cloud database. Many businesses have yet to make the switch, and they’re missing out on a lot of potential benefits.
And while cloud databases currently make up roughly 7-8% of total infrastructure consumption worldwide, they have the potential to grow to 10x their current utilization.
To help clarify this subject for you further, in this blog post, we will discuss the top 7 advantages that businesses can experience when they make the switch to a cloud database.
What Are Cloud Databases?
Cloud databases are a type of database that can be accessed and managed remotely. This makes them ideal for businesses that need to store data but don’t have the space or resources to do so on their own premises. The cloud provides easy access to a secure, reliable source of information with minimal setup costs.
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And, well-established cloud database providers like Oracle only exemplify the myriad advantages of using a cloud database.
This is because, unlike a traditional database, working in the cloud environment with a multi-faceted cloud-hosted solution (the very same kind that many Fortune 500 businesses use) provides quick and easy access to features and analytics that would take months and tens of thousands of dollars to implement in-house or without using the cloud.
The Top 7 Benefits of Cloud Databases You Need to Know About
From database-as-a-service (DBaaS) to privately hosted cloud database solutions, here are the top 7 benefits of having a database in the cloud.
- Performance Optimizations: Cloud databases can help optimize database performance for a better user experience. With improved query optimization and indexing, cloud databases help improve the overall speed of your database, thereby improving the speed of your entire operation as a whole.
- Choosing a cloud database like the kind that Oracle offers, also grants you easy access to system improvements that would otherwise be expensive to replicate such as:
- – Enhanced memory processing
– Database optimizers
– Advanced compression options
– And compute-level optimization (AKA storage-level processing)
- Scalability and Elasticity: Cloud resources can easily scale up or down based on your business needs.
- Imagine for a moment that your business requires processing of large amounts of data each day (credit card payment info, financial transactions, storing customer information, etc.) but you host, manage, own and pay for all the storage and data access yourself.
- During times of seasonal revenue declines or economic downturns, you would need to invest significant time and sums of capital to scale down your running servers, data models, cloud-native apps, etc. Then, especially if your business is even remotely seasonal in terms of customer flow, you’d have to invest time and money into scaling back up again to handle the increase in customer data traffic.
- But, with high-performance cloud computing and a database-as-a-service on your side, your whole business (no matter how large) could scale your data needs and associated costs up or down in a matter of minutes, with no added fees or additional costs.
- Data Security: Cloud databases provide enhanced security measures like encryption and data masking to protect your information from unauthorized access. And what’s more, DBaaS providers (like Oracle) essentially manage the vast majority of this for you, all paid for via your subscription fee.
- Since they are a titan in the industry of cloud database computing, Oracle is extremely proactive and well-established when it comes to data security across the whole spectrum of their product offerings. And, with even just one database administrator monitoring your cloud environment in real-time, you can enjoy all of the convenience and speed of your cloud database and remain assured that your data security is in tip-top shape.
- Native Applications: Cloud databases allow you to access data from anywhere, without any additional installation or setup. This makes it easier for developers to create native applications that use the data stored in the cloud.
- You can set up virtual machines and new information dashboards in a matter of minutes. And you can also easily hook up Power BI to any data source in the cloud and quickly integrate new data analytics there into existing data models.
- All of which would be a simply massive undertaking without being in the cloud.
- Reduced Operational Costs: Cloud databases can help reduce costs by eliminating the need for additional hardware, software, and personnel. Your significant in-house database investments are essentially replaced entirely by one annual subscription fee, staggeringly improved performance and service and lightning fast adaptive capabilities.
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- Easy Setup: Cloud databases are easy to set up and manage, making it easier for businesses of any size to get started with a database. Especially with a DBaaS provider like Oracle and the right managed IT service provider helping out on your end, optimizing your database by moving to the cloud couldn’t be easier!
- Professionally Managed: Cloud databases are managed and maintained by professional teams, so there are several aspects of managing your database that you don’t need to worry about yourself.
What Are the Various Types of Cloud Databases?
The types of cloud databases available have grown in recent years, giving businesses more options. The three primary types of cloud databases are as follows:
Relational Cloud Database (RDBMS): This type of database is designed for data that needs to be structured, stored, and managed in a relational manner. Common examples include MySQL and PostgreSQL.
NoSQL Cloud Database: These databases are best suited for managing unstructured or semi-structured data. Examples include MongoDB, Cassandra, HBase, and Couchbase.
Data Warehouse Cloud Database: A data warehouse stores large volumes of historical or archived data that can be used to gain insights into customer behavior and trends. Examples include Amazon Redshift and Google BigQuery.
Cloud databases offer businesses a number of advantages that can help them to become more efficient and cost-effective. From performance optimizations to data security, the benefits are clear. So if you’re looking to make the switch, now is the time.
With so many different types of cloud databases available, it’s easy to find one that meets your business needs. Make sure to do your research before selecting a cloud database provider. This will ensure that you get the most out of your investment and provide your business with the best possible solution for managing its data.
Taking Full Advantage of Cloud Database Benefits with Buchanan’s Expert Assistance
At Buchanan, we know how to take full advantage of cloud databases.
We offer our expertise and experience in helping businesses make the switch to a cloud database that is tailored to their specific needs. So if you’re looking for the best way to improve your business’s efficiency and performance, get in touch with us today.
Our team will be more than happy to help you make the most out of cloud databases.