Post Menu and Details.
- How will such a ship move??
- What is data storage?
- Importance of data storage
- Things to consider when choosing how to store data
- 1. On-premises Storage
- 2. Cloud storage
- 3. Mixed data storage (Hybrid)
Reading time: ~4 minutes
Data is one of the most valuable assets of every business. Without data on relevant subjects like customers, finances, employees, inventory, etc., a business will find it hard to operate. In light of this, it is pretty logical to say that a business without data can be likened to a ship without a compass.
How will such a ship move??
Since data is key to several aspects of a business, ranging from making informed decisions and understanding market trends and customer retention, it is best to figure out how to store them effectively. Not only will effective data storage help in the smooth running of your business, but it will also ensure that cybercriminals are kept at bay.
Below we have highlighted 3 proven ways to store business data. But, before we consider that, let’s take a brief look at the 5 things you need to consider when choosing how to store data.
What is data storage?
Businesses and organizations collect data every day. This data which is gathered from several sources via multiple means are used to make informed decisions, track growth and development, revamp and refine operations, etc.
To ensure that data collected is accessible and secure, businesses leverage data storage.
Data storage is basically a way to store your data using physical means. Thanks to technological innovations which gave rise to the improvement of storage technology, you can store your data using multiple means, depending on your choice, budget, and the size of your business.
Having understood what data storage is, let’s consider its importance for your business.
Importance of data storage
Data is the lifeblood of every business. Without it, a business would fail on several fronts.
Businesses use data for several purposes, such as making better business decisions, the development of better products, customer retention, etc.
Regardless of the data storage method you embrace, you should ensure that it is easy to access and manage. Furthermore, you need to consider the security of your data.
With the rising cases of data theft and cybercrime, companies are advised to prioritize embracing data storage options that promise optimum security to safeguard their business data from being stolen or corrupted.
Things to consider when choosing how to store data
So, you have an array of data storage options to select from. However, you need to figure out if your choice is best for your business’s needs. To do that, you’ll have to consider these things.
1. Functional requirement for your datastore:
This involves selecting a data storage option based on the type of data you wish to store. Small businesses are advised to go for smaller storages, especially one that gives them the option to scale when their business grows.
On the other hand, established businesses that boast of a huge customer base can go for a storage option capable of accommodating their business operations.
2. Technical requirement:
Figure out the performance and scalability of the system you wish to buy, and compare it with your business data storage needs. If it fits, you have the green light to go for it. If it doesn’t, it is best you find a suitable alternative.
3. Data security:
Can the data storage option help secure your data from breaches and cybercriminals? Cybercriminals are the bane of every business. To ensure that you don’t fall victim to their attack, it makes sense to go for a storage option potent enough to ward them off.
4. Management process:
How easy or difficult is it to manage the data storage option? If managing the data storage seems like a hectic task, it is best you consider another means. You can also outsource the task if you have the funds or simply seek a suitable alternative if you don’t.
Can your business afford the data storage option comfortably? If you run a startup ensure you go for a storage option that fits your budget so you don’t end up overstretching it.
Here are some common and effective ways to store business data.
1. On-premises Storage
On-premises storage, a common data storage technique in Argentina, LATAM, involves storing your data in in-house storage. This method of data storage helps in storing, monitoring, and retrieving data.
Since data is stored in-house, the responsibilities covering the upkeep and care of the server become the core focus of a business. Due to the expertise, experience, and tools needed to manage on-premises data storage, it makes sense to liaise with a reliable IT staffing LATAM for the best technical expertise, management, and support…
2. Cloud storage
Cloud Storage ( or public cloud storage) is another common way to store data. If you are pretty conversant with “cloud migration,” the chances are that you have some insights into this method of data storage.
For this virtual storage, data isn’t stored in-house. Instead, it is transferred to a distant site that helps you retrieve your data in an internet-enabled area.
Of course, embracing this method has its own downside, which is often evident in intrusion and communication delay resulting from multiple data moving throughout your distributed server. Nevertheless, this said storage method boasts many potentials and can add significant value to your business.
3. Mixed data storage (Hybrid)
As the name implies, mixed data storage is basically a blend of on-premise and cloud storage methods. This type of storage method merges both services into a single package.
Hybrids are managed by either an outsourced IT provider or your on-site IT department. Having a combination of both services means that data is duplicated and available to you whenever you wish. In addition, if disasters happen, you are guaranteed adequate data protection as all relevant information and files are backed up and can be made available pronto.
While there are diverse types of data storage methods, it makes sense to go for one that suits your business needs. Selecting a data storage method that doesn’t suit your business might end up creating unnecessary problems or result in you spending money on a system you don’t need.
Thank you for reading!