New ways to manage data has become a necessity within organisations as data creation and processing explodes, according to Frost & Sullivan, who says new means of cataloguing, storing and service information for processing are required.
“Scalability and flexibility are necessary in any data cataloguing service to ensure quick accessibility and fast analytic processing of data,” Frost & Sullivan says.
As a result, the company says highly scalable, cloud-based solutions—which are easily expandable on-demand—are growing in popularity.
According to Frost & Sullivan, Database-as-a-Service (DBaaS), which enables cloud-based data management, is a service that’s quickly risen in popularity in the Anything-as-a-Service (XaaS) market.
“Enterprises using DBaaS only pay for the cloud database resources that they subscribe to and can easily increase their databases based on the amount of data to be organised and stored,” the company explains.
“In addition, customers using DBaaS services no longer need to manage the database itself; providers handle software updates, data replication, security of data, and other operational tasks that allow functionality of the service.” Karyn Price, industry analyst, Frost & Sullivan Cloud Computing Services explains, “As enterprises seek to add or grow their data analytics programmes, or leverage data from the Internet of Things, they need new ways to manage the data that is created from these programmes.
“Enterprises need to employ both a highly scalable database and easily expandable infrastructure to support it. DBaaS meets both criteria,” she says.
Price says DBaaS offerings are also a boon for providers and partners that wish to capitalise on the growing XaaS trend.
”As providers seek to deepen their relationships with cloud customers and move further up the cloud stack, DBaaS offers a necessary function that few enterprises are able to operate without, using a consumption-based delivery method that liberates staff for innovation, while driving down costs,” Price explains. “DBaaS services are a win-win for both providers and enterprises,” she says.
“DBaaS services enable easy scalability of data for enterprises, as well as pay-as-you-go cost models and easier administration, by offloading those functions to providers.
“It is also an attractive service for cloud providers that seek to move up the cloud stack with value-added cloud services,” says Price.