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A cloud data platform facilitates the migration of an organization’s data ecosystem and enterprise data to the cloud and away from traditional on-premises data centers or warehouses. For some organizations, cloud data solutions can take the form of multi-cloud environments.
Benefits of a cloud data platform include its ability to:
Data is everywhere. AI is the future. But to realize the value of AI and stay competitive, an organization must turn data into meaningful insights. A cloud data platform accelerates the journey to implementing a robust data foundation, enabling businesses to source, structure and analyze the data that matters and deliver enterprise-wide intelligence in less time and less cost than traditional methods.
A cloud data platform increases the scope and applicability of business insights by integrating structured and unstructured data and making data models easily shareable across departments and divisions, thus breaking down internal silos. It renders all data—structured and unstructured—into a simplified ecosystem with unified accessibility and governance, enabling analytics to be performed more quickly and cost-effectively.
The platform increases opportunities for internal teams to collaborate and achieve economies of scale. It empowers stakeholders by using role and security-based permissions for data scientists, business users, data stewards, developers and administrators to let them parse data, manage its use, and experiment with a full spectrum of analytics use-cases.
The advantages of a single platform can accelerate efficiencies in performing technical due diligence, promoting user adoption and collaboration, and managing infrastructure.