Data Migration: Explanation and Benefits
The data explosion in the past few years has resulted in producing over 90% of the data. Only the minuscule 10% data was generated in the previous decades since the inception of computers. So, the amount of data created adds up to about 40 zettabytes by the end of the year 2020. With all the new data that’s being captured, you need to save costs on storing and maintaining it.
Therefore, data migration services have become essential over time to manage the bulk of the data by saving the internal IT resources of a company. Let’s dive in and learn more about the needs and benefits of data migration, especially when you are moving to a new software platform.
What is Data Migration?
Data migration is the process of moving data from a source system to a destination system. It could also be between two applications, one being a legacy and another being the latest adopted software. In case, the destination system is the cloud, then it is also known as Cloud migration. Ideally, the data migration process is initiated after a new system is implemented. The motive for migration is because the data has to be fed into a new application while ensuring the data quality is top-notch without affecting the production. Datasets used by the new application will still require the old data to perform regular or augmented functions.
Understanding the benefits
The process your company undergoes will prove to be beneficiary once your stakeholders begin realizing explicit and implicit advantages. Typically, the primary and explicit benefit of Data Migration is optimizing the costs spent on on-premise data storage and moving it to cloud-based storage.
Organizations and their operations centers across the world can access the datasets whenever required with the available infrastructure. However, there are additional benefits that may not be explicit like significant performance in data extraction for executing operations and lower pressure on network infrastructure. The operations could be scaled up without incurring excessive costs on infrastructure and the flexibility to mold the data for various applications offers a unique benefit.
In the long run, Data Migration – if performed impeccably – will deliver exceptional results to an enterprise. The lowered data storage and management costs will allow the stakeholders to transform the costs into investments for offering innovative products or services.
To summarize the benefits of moving the data from a legacy to a new platform are:
- Scalability
- Speed
- Cost optimization
- Security
- Risk mitigation
Data migration to the cloud (aka cloud migration) is a complicated process and does include addressing various challenges. We will talk about them in more detail in part 2 of our blog series: data migration guide.
It is important to connect with data migration service providers like Datametica for seamless and automated cloud migration.
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About Datametica
A Global Leader in Data Warehouse Modernization & Migration. We empower businesses by migrating their Data/Workload/ETL/Analytics to the Cloud by leveraging Automation.
