Advantages of Cloud Analytics over On-Premise Analytics

Advantages of Cloud Analytics over On-Premise Analytics
Majority of the organizations now agree that data science is a great tool to scale-up, build and streamline their businesses. But, with this huge amount of data they are collecting, are the organizations really coping up to analyze and implement the decisions in time? Most of them, in-spite of having on-premise analytics teams are in disconnection with their operations part.

Having the in-house analytics teams linked to your Enterprise Resource Planning(ERP) systems can be sometimes be irresponsive due to data loads, might cause your sales teams to lose the real-time data, also can cause delay in response to the queries. Collection of data from various internal applications, devices, online media networks, consumer data and converting them into actionable insights can be a cost consuming (both time and capital costs) process for the organizations.

Is there any better way of utilizing your Company’s data towards reaping benefits?
Yes, most of your valuable data from modes of communication to collecting track-able data of consumer behavior lies in the cloud. Cloud computing allows you to easily consolidate information from all your communication channels and resources, and helps you to do it in a wider scale.

Cloud, basically helps the business’ data teams to re-establish the connection with their operations. And hence the business will be able to minimize the time and capital costs incurred, from the research and development of the product, marketing and sales to increasing the efficiency of your consumer support teams.

How does Cloud Analytics serve as a better and real-time mode of efficient data management?

Agile Computing Resources
Instead of handling speed and delivery time related hassles from your on-premise servers, cloud computing resources are high-powered and can deliver your queries and reports in no-time.

Ad hoc Deployment of Resources for Better Performance
If you are having an in-house analytics team, you should be concerned about an efficient warehouse, latency of your data over poor public internet, being up-to date with advanced tools and experience in handling the high demands for real-time BI or emergency queries. Employing Cloud services in data science and analytics can help your business scale-up by establishing a direct connection between them, reducing the latency and response issues to less than a millisecond.

Match, Consolidate and Clean Data Effortlessly
Real time Cloud analytics with real-time access to your online data keeps your data up-to date and organized, helping your Operations and Analytics teams function under the same roof. This makes sure of no mismatches and delays, helping you to also predict and implement finer decisions.

Accessibility
Cloud services are capable in sharing data and visualization and performing cross-organizational analysis, making the raw data more accessible and perceivable by a broader user base.

High Returns on Time Investments
Cloud services provide readily-available data models, uploads, application servers, advanced tools and analytics. You need not spend any time in building up a separate infrastructure, unlike employing on-premise analytics teams.

Your marketing teams can forecast and segment your campaign plans, the campaign reports and leads generated are readily available to your sales teams to follow-up, insights from sales and marketing and more real time consumer data can help your strategy teams in predicting crucial decisions or your support teams being immediately notified with consumer queries. Better the collaboration, higher are your returns, and an ideal cloud service can make this possible.

Flexible and Faster Adoption
Cloud-based applications are built with self-learning models and have a consumer friendly user experience unlike the on-premise applications. Cloud technologies learn to adopt as your business grows and can expand or adjust as your data storage and applications needs increase or decrease.

Affordability
There are no upgrade costs or issues, and enabling new tools or applications require minimal IT maintenance. This keeps the business in a continuous flow without any interventions like the need for upgrading the on-premise infrastructure, and having to redo your integrations and other time consuming efforts.

Security
Robustly built, Cloud analytics are reportedly more reliable than on-premise systems in times of a data breach. Detecting a breach or a security issue can be within hours or minutes with Cloud security whereas with an in-house team, it takes weeks or even months in detecting a breach. Your data is more trusted and secure with cloud computing.

Implementing cloud services in data science can be the best and most-effective infrastructure you can give to your business. They are agile, secure and flexible and help you to streamline each of your business process as Cloud services enable all your teams function under the same data foundation.

Related Stories

5 Exciting New Database Services from AWS re:Invent 2017
Infographic: Cloud Computing Market Overview 2017
Top Roles of Cloud Computing in IoT
Future of AWS Cloud Computing
Overcoming Cloud Security Threats with AI and Machine Learning