Centralized Data Storage System: How your Business can benefit?
Data is the backbone of a business. It helps companies predict trends, identify opportunities, get customer insights, and stay ahead of the competition. Hence they must manage the data using appropriate data storage systems and keep it updated. A well-organized data storage system that is safe and ensures swift information retrieval is essential for businesses to stay functional and up to date. Although there are various storage solutions, centralized data storage is the most popular and successful method to keep the data safe and reliable.
What is Centralized data storage?
In centralized data storage, we store and maintain data in a single location as one central unit. It makes the data distribution simple from the chief unit to different teams/workspaces/business units for various purposes.
Let’s understand this concept of centralized data storage with the example below:
Figure 1: Centralized data storage- Example
The data from the various sources are processed and injected into the centralized storage (Azure Data Lake) through the data bricks lakehouse. Then, depending on the requirement, the data from the centralized storage is shared with other workspaces or business units in either a read-only format or a read-write format for different purposes.
Why do we need centralized data storage system?
Let’s take the above scenario and imagine that, in the absence of centralized storage (Azure data lake), each workspace or the business unit will ingest data from the same source (data bricks lakehouse) and process it in accordance with their own needs. In this situation, other teams or business units who want to ingest the same data cannot use the current databricks lakehouse setup.
Benefits of the Centralized data storage
- Coordination and access are simple as data is in one place.
- Access control and security may be compartmentalized while adding teams from other projects or business units.
- The organization’s hierarchy, decision-making processes, and stakeholder needs line up with a centralized data storage approach.
- Low maintenance costs & Data are easily portable.
- Teams can have cross-functional collaboration.
- No recreation of complex logic and computing solution to rebuild the lakehouse or part of it in a different environment.
Take benefits of data centralization with iLink Digital!
iLink Digital is an AWS Consulting Partner that offers specialized services to help customers of all sizes. To quickly implement the centralized data storage solution, iLink Digital provides solid data processing techniques, a framework, strategies, methodology, and a road map while keeping your business goals in mind. For more information, reach out to us.