If “a week is a long time in politics” then it must be worth an eon in world of enterprise IT. Another day and another ‘Anything-as-a-Service’ cloud offering popping up to provide a new competitive advantage for beleaguered CIOs.
And while it’s easy for a lot to get lost in the noise of the on demand movement – we shouldn’t underestimate the impact this technology has had in readdressing the balance of power between new and established businesses.
Data-as-a-Service (DaaS) is the latest and greatest in a long line of these new IT models. While every business understands that data, and the insights that can be gleaned from it, are vital, it can be somewhat overwhelming for smallerorganizations trying to contend with large volumes of scattered and often unstructured information (better known as Big Data). It’s no secret that big data requires big investments to make it work. Capturing data and storing it securely are costly endeavours – and that’s before we even reach the analysis stage.
Of course there are more concerns than simply rising costs. Issues over data security, version control and administration are all obstacles to smaller organisations owning potentially valuable data sets.