DWaaS solutions are inherently less expensive and resource-intensive than self-hosted ones, as they are designed and developed specifically to be hosted in the cloud. Hence, businesses using DWaaS solutions do not need to purchase or acquire their own hardware or servers to store, manage, and analyze their data. DWaaS solutions reduce the cost and overhead associated with operating a traditional data warehouse platform, making them a more efficient way to achieve the same results.
Any business growth implies continuously increasing data to be processed. DWaaS solutions provide the flexibility and scalability necessary for businesses to adapt to their changing business needs and the evolving data landscape over time. Such flexibility allows companies to avoid the costs associated with maintaining their own hardware and servers while still having access to a comprehensive and robust data warehouse platform.
DWaaS solutions can provide businesses with access to advanced resources for data management that can help them better understand and predict trends and patterns within their data. Such resources can be invaluable for businesses looking to improve their data-driven decision-making and performance. They include advanced analytical tools, AI capabilities to interpret and classify data automatically, machine learning algorithms to predict outcomes based on historical data more accurately, etc.
DWaaS solutions can be a powerful resource for data analytics that help businesses make more informed and effective decisions based on their data. The relevant capabilities include advanced data visualization tools for more apparent data interpretations, data mining tools for discovering and extracting valuable information from datasets, and predictive analytics algorithms for predicting outcomes based on historical data.
Revise the existing self-hosted data warehouse
Harmonize positions with a DWaaS vendor
Prepare and perform data migration
Provide DWH integration and configuration
Every DWaaS solution is highly individual as it is developed for a particular organization with specific needs and goals. At the same time, a common algorithm for project execution is available. Violations in its steps can result in delays with the DWH completion. The following factors can impact your project duration badly.
No one-fits-all calculation for different DWaaS projects is available. Every project has an individual cost estimation. Every project's technical structure and organizational model can have different variables resulting in various work scopes. Thus, the specific factors affecting your project costs can include but not be limited to:
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