Data is valuable to businesses of all sizes. Companies can use big data to assess performance, pinpoint problems, and identify opportunities. Businesses can also leverage big data to support machine learning by training AI and sophisticated models.
Although big data can be advantageous, the sheer volume of computer power and software services needed to support big data initiatives can impose a serious burden.
Companies need large, powerful storage solutions in order to collect, secure, and manage massive big data sets. The five most popular solutions include:
Cloud-based Storage
Many businesses fulfill their massive data storage needs with cloud technology. Cloud storage is scalable and affordable. Through the cloud, businesses can safely store data online so that authorized users can access it whenever and from anywhere.
Cloud services providers operate data centers all over the world. Users can upload or access their data through a secure web portal, website, or mobile app. Businesses hand over control of the majority of the data storage-related issues to the cloud-storage vendor. This includes capacity, security, data availability, storage servers, and processing power, and network data transmission.
Cloud storage providers also offer flexible plans that companies can scale up or down. This can save costs, as companies do not need to make significant upfront investments for storage capacity they do not use.
Cloud storage provides several benefits, such as endless capacity. Further cloud-based storage doesn’t require on-site devices which reduces downtime caused by broken equipment. Companies also do not need to purchase additional infrastructure to scale their storage or keep unused gear operational if demand declines.
On-premises Storage
Data storage on local hardware, such as servers, PCs, or other devices, is referred to as “on-premises storage.”
With on-premises storage, the company is in charge of all maintenance for the storage hardware. On-premise storage must be constantly upgraded to ensure security and effectiveness.
On-site storage has numerous advantages. For example, since data remains on site, there is a lower risk of data breaches. This may be of particular importance to businesses handling highly sensitive or classified data.
One major drawback to on-site storage is the lack of flexibility. Businesses scaling up their processes must increase their physical storage on-site. The company will need to install new hardware and hire IT professionals to build a new system. For a developing company, installing onsite storage solutions can be time-consuming and costly.
Colocation
Colocation architecture is an innovative, secure storage solution. Through colocation, companies can store, operate, and manage hardware in “colo” data centers. These centers may be private or shared servers located on off-site third-party hosting platforms.
These off-site locations are becoming the new home for servers, firewalls, and other equipment for enterprise and mid-level businesses. There are several reasons why businesses choose colocation over other data storage options.
Colocation providers offer the choice between private or public cloud connectivity options. Companies can increase or decrease their storage easily and with minimal cost. Colocation also facilitates connectivity between businesses and supports technological integration and collaboration.
Additionally, colocation facilities often include redundant cooling systems to safeguard equipment and offer greater bandwidth than the average workplace. Click here to read more about the advantages of colocation.
Private colocated cloud-based storage can boost IT security and dependability. Pairing colocated and other forms of cloud-based storage enables technology administrators to be able to quickly increase resources in response to changing needs. This tactic reduces security risks while maintaining productivity.
Hard Disk Drives
A computer’s hard disk drive (HDD) can also store big data. These discs contain rotating parts that etch data onto a magnetic coating.
HDDs are one of the most cost-effective storage options for smaller businesses. Unlike cloud-based solutions, HDD storage is not volatile. This means that power outages or other system disruptions will not lead to data loss.
However, HDDs contain moving parts and are therefore more susceptible to damage than cloud-based storage systems. HDD also processes data more slowly. Portable HDD sticks can be lost or damaged, which would make any data stored inside irretrievable.
Solid-state drives
A solid-state drive (SSD) is a type of semiconductor-based storage system that typically stores permanent data in NAND flash memory. They operate at a higher speed than HDDs and do not contain moving parts. This makes them more durable. However, they are more expensive. Since SSDs process data more quickly than HDDs, they can reduce data processing bottlenecks and increase overall productivity. They also use little power and are resistant to power interruptions. They are best for storing frequently used data sets.