Traditionally, data had been stored centrally in enterprise data warehouse where it provided business insights to the organization. In the last few years, tremendous growth has been observed in terms of data. Data has been growing at a 40% compound annual rate and faster in some of the industries. Technologies around data are evolving faster. The cost to store the new type and amount of data motivate the organization to explore the alternative architecture. It is difficult to start a big new data warehouse project even though benefits to create modern data warehouse architecture and solution are clear. We see that many organizations start their modern data warehouse journey with extending and Data Warehouse Optimization. Our analysis shows, that it generally costs between $15,000 and $25,000 per terabyte per year, at list prices, to store and run a good-sized data warehouse. Our recommended approach is based on the following three principles.
At Innovyt, we can plan to save 20%-50% of current data warehouse cost and flexible architecture to accommodate future growth of data. We have built some accelerators to plan and architect Data Warehouse Optimization and extension.
We offer a 6-weekengagement powered by our accelerators to ensure strategy and architecture for data Data Warehouse Optimization and cloud based extension of data warehouse.
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