The Essential Criteria for Your New Data Platform

1. The Essential Criteria for Your New Data Platform It is now the time to think about a data solution. You might be thinking about developing a data warehouse. But, you might be unable to decide which data warehouse platform would be the best fit for your business. So, let us unfold the criteria you should use to choose your new data platform. Cloud or On-Premise Storage It is a bit confusing to decide whether to adopt a cloud-based or on-premises approach. Despite the benefits of the cloud approach, there are many advantages to considering an on- premise approach. For example, if your critical databases are old enough and do not work with cloud-based-based data warehouses, the on-premise approach can be the best option. Usually, the best data warehouse companies will advise you whether to go for the cloud or on-premise option. Data Ecosystem Suppose your business has already invested in a data tool ecosystem and does not have many data sources residing outside of it. In that case, you are likely to pick that ecosystem's tool. For example, suppose your systems require a custom integration and have a SQL Server backend. In that case, you will likely decide to develop a Microsoft data warehouse in Azure due to its convenience. Cost You need to figure out how much you will need to spend when deciding to implement data warehouse tools. However, it can be a tedious affair to determine the difference in price between several data warehouse platforms. Top data warehouse companies use rationale approaches to calculate the cost of a specific configuration of computing power or storage.

2. But, you should make an effort to find out how much people in your network paid for a similar project. Besides, you can get the pricing information on the vendors' websites. So while you should certainly read the pricing info that each vendor posts on their website, focus on finding out from people in your network how much they paid for similar projects. In addition, you should also figure out the ongoing costs, like storage. With the accumulation of data, your monthly storage bill will also grow. So, calculate how much you need to pay for the bill. Conclusion Remember, you will only get a quality data storage solution if you select a quality vendor. Therefore, do not fail to assess the quality of your prospective vendor.