DAAS Powers Your Business to Domination
“Put it in the cloud”, “I saved it to the cloud”, “One sec, I think I can pull it from the cloud”. All phrases you’ve probably heard, if not said yourself. So you have a bunch of data up in the cloud – what can that mean for your business? Through Data as a Service, or DaaS, you and your business can improve not only your storage, but your analytics, management, and your data integration. But what is Daas and how does it help? Let’s take a look:
What is Data as a Service?
In short, DaaS is a data management strategy which utilizes cloud storage to disperse and analyze data over a network connection. Having a direct, cloud-based data storage option takes the stress off of individual devices by eliminating the need for on-site data storage and processing, aiding both small and large businesses in their effort to save space and cost-of-business.
Similar cloud computing strategies have already been implemented over the past decade or so, including Software as a Service (SaaS), which functioned well over previous iterations of lower-bandwidth cloud computing services. SaaS was designed to eliminate the need for locally-installed applications on end-users devices. DaaS takes that influence of reducing end-user stress from SaaS and steps it up a notch by eliminating the need to have locally-stored applications on the end user’s device. With more cloud services offering high processing power, the ability to not only send and receive, but process and analyze data will continue to improve. DaaS is the future of data processing.
What are the benefits of DaaS?
In what could be an endless list of benefits when compared to on-site data storage, here are a few of the highlights of DaaS:
Quick Setup: Once your business has a DaaS solution set up, the time it takes to access and begin utilizing your DaaS services is virtually zero.
Increased Flexibility: Need more space in which to store data? Add it. Cloud-based solutions to data allow for instantaneous allocations of storage space, unlike physical storage solutions.
Automated Maintenance: Your DaaS provider will automatically update and optimize your services, meaning that downtime and interruptions are minimized. The automated maintenance also assures that your cloud access is as modernized as possible, meaning that failures and errors are less likely to occur than with physical storage.
Smaller Staff Requirements: Automated maintenance and less on-site management helps cut staffing prices down. Emergency data solutions are less likely to occur—and should they occur—they will require next to nothing for your staff because they will be handled by your service provider.
Are there downsides to Daas?
Potential Security Risks: Although many of the risks associated with cloud computing can be mitigated by easy-to-use encryption, there will be new-found vulnerabilities with DaaS versus localized data storage tools. Data-encryption tools will help make up for the lack of on-site firewall protections with local storage.
Additional Steps to Compliance: While not every business will be dealing with such additional steps, carrying sensitive data through DaaS services will require additional security compliance in order to do so legally. You’ll need to ensure that your intentions with your DaaS solutions are up-to-date and compliant with relevant regulations.
Potential Network Limitations: Because cloud-computing is based upon your network connection, there may be periods where upload and downloads times for large pools of data which are not immediate. File compression and other network optimizations can greatly reduce the risk of bottlenecks.
What’s next for cloud-based computing? Data as a Service is the key to data processing moving forward – the flexibility offered by DaaS is unmatched by on-site data management and analysis. Many businesses which are already utilizing DaaS are using it as a way to ensure faster insights and integration. Because of the accessibility to data and DaaS utilization, more and more businesses are being drawn into its use as time moves forward.
Does Data as a Service sound like the solution for your business? Have more questions about the functionality of DaaS for your business? The data experts at M1-Data and Analytics are here to answer all your cloud-computing needs. With a suite of products and services to help push your business into the future of data analytics, M1-Data looks forward to helping you. To learn more about our products, services, and who we are as a DaaS provider, contact us today.
