Discover the powerful ROI of Cloud Data Management and how to calculate it correctly for your company.
In the era of digital transformation and with ever-increasing economic pressures, every data-forward business needs to prioritize investments that result in greater value for the organization, especially if they are choosing to modernize data management in the Cloud or multi-cloud environments to gain agility and resilience. In this context, data integration is a key component for making the best decisions and making the most of the information available.
Knowing all the variables of the return on investment (ROI) generated from a botim database Data Management (CDM) solution is essential to maximizing business benefits.
Namely, a CDM solution has:
Quality information ( data quality )
Full governance over data ( data governance )
Maximum integration ( data integration & application integration )
Master data management
Building functional catalogs ( data catalog )
Most effective strategies for data democratization ( data sharing through marketplaces ).
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The evidence is there for all to see
In a study conducted by Nucleus Research for Informatica Inc., the leading company in the Data Integration and Intelligence Software market according to the latest IDC report , an average return on investment of 328% is revealed within a three-year period and a payback period of just over 4 months.
Having a cost-efficient and time-efficient Cloud Data Integration (CDI) platform can accelerate the speed with which data is acquired, accessed, processed and leveraged by up to 75%.
PowerData - The Secrets of Cloud Data Management ROI
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Automation enables software developers and data engineers to increase their productivity. And simplifying data use, including self-service tools, eliminates the need to allocate expert resources to tasks that should not require their involvement.
The data democratization paradigm is the conceptual framework for a broad spectrum of use cases, in line with what is required in current business scenarios. Flexible deployment methodologies for data integration in the cloud and reusable templates for information management reduce the time to add processing capacity by 65%. Removing physical equipment (servers) and on-premise systems saves or, directly, eliminates costs due to their very existence as assets, the maintenance they entail and the administration they require. This constitutes 12% of the benefit -direct, in this case- of investing in CDI.
The secrets of Cloud Data Management ROI
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