{"id":1722,"date":"2022-08-28T21:38:46","date_gmt":"2022-08-28T21:38:46","guid":{"rendered":"https:\/\/www.clouddatainsights.com\/?p=1722"},"modified":"2022-08-28T21:38:48","modified_gmt":"2022-08-28T21:38:48","slug":"moving-to-the-cloud-for-better-data-analytics-and-business-insights","status":"publish","type":"post","link":"https:\/\/www.clouddatainsights.com\/moving-to-the-cloud-for-better-data-analytics-and-business-insights\/","title":{"rendered":"Moving to the Cloud for Better Data Analytics and Business Insights \u00a0"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S.jpg\" alt=\"\" class=\"wp-image-1723\" width=\"750\" height=\"563\" srcset=\"https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S.jpg 1000w, https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-300x225.jpg 300w, https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-768x576.jpg 768w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><figcaption>The benefits of moving data analytics to the cloud can disappear if businesses don\u2019t have the necessary expertise to manage the cloud\u2019s complexities. Here are some best practices to consider to avoid challenges and maximize ROI.<\/figcaption><\/figure><\/div>\n\n\n<p>The benefits of cloud analytics are powerful, and decision-makers are taking note. <a href=\"https:\/\/www.businesswire.com\/news\/home\/20190404005662\/en\/IDC-Forecasts-Revenues-for-Big-Data-and-Business-Analytics-Solutions-Will-Reach-189.1-Billion-This-Year-with-Double-Digit-Annual-Growth-Through-2022\">IDC<\/a> and <a href=\"https:\/\/www.statista.com\/statistics\/551501\/worldwide-big-data-business-analytics-revenue\/#:~:text=The%20global%20big%20data%20and,billion%20U.S.%20dollars%20by%202021.\">Statista<\/a> forecast significant big data and business analytics growth through 2022, projecting these markets to reach approximately $275 billion around the globe.<\/p>\n\n\n\n<p>There are tremendous benefits in moving data analytics to the cloud, namely, better return on investment. Engineers have designed these platforms to process and analyze massive quantities of data at accelerating speeds. In turn, cloud analytics help businesses extract value from their data for better decision-making, improved operations, and faster growth.<\/p>\n\n\n\n<p>Those benefits disappear, however, if businesses don\u2019t have the necessary expertise to manage the cloud\u2019s complexities.<\/p>\n\n\n\n<p>Mistakes can cost you, particularly if you don\u2019t closely monitor your data consumption usage or plan appropriately. For example, <a href=\"https:\/\/www.gartner.com\/smarterwithgartner\/6-ways-cloud-migration-costs-go-off-the-rails\">Gartner, Inc. predicts<\/a> that 60% of infrastructure and operations leaders will encounter public cloud cost overruns through 2024.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"Deliver%20Analytics%20Like%20Amazon%20Delivers%20Packages\" target=\"_blank\" rel=\"noreferrer noopener\">Deliver Analytics Like Amazon Delivers Packages<\/a><\/p>\n\n\n\n<p>To avoid challenges and maximize ROI, we recommend managers consider these best practices.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Review Your Cloud Analytics Strategy and Plan<\/h3>\n\n\n\n<p>First, look at your cloud technology infrastructure. Is it viable over the long term? Database software is evolving, so you\u2019ll want to consider your needs today and in the future. As serverless computing evolves, are your solutions taking advantage of the cost and flexibility of a pay-per-transaction model that eliminates the need for historically expensive instances?<\/p>\n\n\n\n<p>Both data governance and cybersecurity should guide your plan. Review your policies, determine what\u2019s necessary to comply with industry regulations, and ensure you aren\u2019t moving personally identifiable information to the cloud.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Clean Up Your Data<\/h3>\n\n\n\n<p>If you\u2019re consolidating data from various sources, consider how your master data management strategy ensures consistency across your data ecosystem. Customers with different names, such as \u201cAcme LLC\u201d in one database and \u201cAcme Foods LLC\u201d in another, can lead to downstream inefficiencies that can be costly to remediate.<\/p>\n\n\n\n<p><em>Read the rest of this article on <strong><a href=\"https:\/\/www.rtinsights.com\/moving-to-the-cloud-for-better-data-analytics-and-business-insights\/\">RTI<\/a><a href=\"https:\/\/www.rtinsights.com\/moving-to-the-cloud-for-better-data-analytics-and-business-insights\/\" target=\"_blank\" rel=\"noreferrer noopener\">n<\/a><a href=\"https:\/\/www.rtinsights.com\/moving-to-the-cloud-for-better-data-analytics-and-business-insights\/\">sights<\/a><\/strong>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The benefits of moving data analytics to the cloud can disappear if businesses don\u2019t have the necessary expertise to manage the cloud\u2019s complexities. Here are some best practices to consider to avoid challenges and maximize ROI.<\/p>\n","protected":false},"author":53,"featured_media":1726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_themeisle_gutenberg_block_has_review":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,15],"tags":[42],"class_list":["post-1722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai-ml","category-cloud-data-platforms","tag-analytics"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277.jpg","uagb_featured_image_src":{"full":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277.jpg",300,225,false],"thumbnail":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277-150x150.jpg",150,150,true],"medium":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-300x225.jpg",300,225,true],"medium_large":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-768x576.jpg",768,576,true],"large":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277.jpg",300,225,false],"1536x1536":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277.jpg",300,225,false],"2048x2048":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277.jpg",300,225,false],"alm-thumbnail":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277-150x150.jpg",150,150,true],"neve-blog":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-930x620.jpg",930,620,true],"rpwe-thumbnail":["https:\/\/www.clouddatainsights.com\/wp-content\/uploads\/2022\/08\/cloud-analytics-Depositphotos_9628433_S-1-e1661722537277-45x45.jpg",45,45,true]},"uagb_author_info":{"display_name":"Jeff Schodowski","author_link":"https:\/\/www.clouddatainsights.com\/author\/jeff-schodowski\/"},"uagb_comment_info":0,"uagb_excerpt":"The benefits of moving data analytics to the cloud can disappear if businesses don\u2019t have the necessary expertise to manage the cloud\u2019s complexities. Here are some best practices to consider to avoid challenges and maximize ROI.","_links":{"self":[{"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/posts\/1722"}],"collection":[{"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/comments?post=1722"}],"version-history":[{"count":1,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/posts\/1722\/revisions"}],"predecessor-version":[{"id":1724,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/posts\/1722\/revisions\/1724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/media\/1726"}],"wp:attachment":[{"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/media?parent=1722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/categories?post=1722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clouddatainsights.com\/wp-json\/wp\/v2\/tags?post=1722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}