Denodo Senior Vice President and Chief Marketing Officer Ravi Shankar discusses how data volume has exploded with the proliferation of connected and smart devices such as Google Nest and Alexa, and the subsequent reduction in the efficacy of centralized computation and analysis.
The ability to provide a single place for instantaneous data access can mean business continuity or closure. Many nations found this out during the recent global crisis, as countries needed to know the number of tests taken and the infection rate in order to determine both the virus’ spread and who to quarantine. Unfortunately, the required data did not become available in time to prevent a widespread lockdown, shuttering many businesses. Simultaneously, demands for immediate integrated critical data only increased.
For organisations of any size, data management is key and data virtualisation is the next logical step in making that a reality. The role that data virtualisation plays within data management is to bridge the gap between IT and the business.
Modern enterprises are expanding their analytics programs to improve their ability to make fact-based decisions, plan for an uncertain future, compete on analytics, and grow customer accounts. These high-value business goals require advanced forms of analytics, which in turn demand use-case-appropriate data integration, data platforms, and other data management (DM). Without the right data in the right format on the right platform, critical and expensive efforts in advanced analytics (AA) have little or no business value.
Data is now a lifeline for companies that wish to remain competitive. In particular, being ‘data-driven’ has become somewhat synonymous with being successful. However, data – specifically, the sheer volume and numerous varieties it comes in – has quickly become too hot for businesses to handle.
Since its inception, cloud computing has experienced significant growth. Quickly, it has become the first port of call for businesses to achieve greater agility, scalability, flexibility, and cost efficiency among other perks, making it a one-stop shop for numerous enterprise advantages. Better still, organisations have full autonomy over their cloud initiatives by choosing the hybrid or multi-cloud architectures that work for their unique needs. In turn, businesses can enjoy only the features they actually want from their vendors without being subjected to vendor lock-in.
By creating such a logical architecture, data virtualisation enables those fighting Covid-19 to access data quickly and from anywhere.
According to a survey recently released by data virtualization vendor Denodo, over 75 percent of organizations have deployed workloads in the cloud. This information comes from the Denodo Global Cloud Survey 2020, which surveyed 250 organizations across the globe on cloud adoption and cloud initiatives. The survey found that companies continue to bolster their cloud usage as new capabilities are added.
Enterprises are modernizing their IT infrastructure as never before. Data virtualization should be a key part of their digital transformations.
Hybrid cloud is the most popular form of cloud deployment, indicating that it has become the ‘de-facto’ standard for enterprises.