Your Cloud and Data Management Strategies are About to Collide

Companies are moving further into the cloud and undergoing data modernization. What some don't realize yet is that one strategy is better than two.

Lisa Morgan

October 29, 2019

1 Min Read
Your Cloud and Data Management Strategies are About to Collide
(Image: Pixabay)

Global professional services firm Deloitte recently published a report asking whether data modernization is driving cloud adoption or vice versa. Deloitte defines "data modernization" as moving from legacy databases to modern databases that can handle unstructured data.

According to the report, "data modernization efforts offer substantial cost savings over previously used data management strategies." A lot of the cost savings come from cloud databases, which provide the usual cloud benefits plus lower database-related overhead.

As Deloitte points out, cloud providers offer a lot more than storage and compute these days, they also offer modern databases and analytics capabilities that take advantage of AI. While data warehouses aren't going away anytime soon, businesses are doing more in the cloud than ever and the trend will continue.

"This year, more respondents placed a higher premium on AI to drive business results, specifically with AI automation," said Chris Jackson, private company technology leader at Deloitte. "Predictive analytics and legacy modernization are two of the top investment priorities. The companies using predictive analytics to forecast business results or customer behavior has jumped 65% percent over the last five years."

Read the rest of the article on InformationWeek.

About the Author

Lisa Morgan

Lisa Morgan is a freelance writer who covers big data and BI for InformationWeek. She has contributed articles, reports, and other types of content to various publications and sites ranging from SD Times to the Economist Intelligent Unit. Frequent areas of coverage include big data, mobility, enterprise software, the cloud, software development, and emerging cultural issues affecting the C-suite.

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