Data Platform Modernisation
In today’s world, data is the lifeblood of many organisations. Often, organisations have more data than they know what to do with. This is especially so for organisations who rely on legacy data estate models to run their operations. Data modernisation can help you make more sense of your data, turning the mass volumes of data into bottom-line results. It is important to develop a system and have processes that use the volumes of data to drive decision-making, save time, cut costs and much more. Failing to do so could increase inefficiency and increase the direct and indirect costs of maintaining your data. In today’s blog, we will be looking into the signs it may be time to modernising your data estate.
The Warning Signs
When your data estate needs modernising, you will notice warning signs. It is important that these signs are addressed, as the more often they occur, the more at risk you are. If any of the following sound like they apply to your organisation, your data estate is treading on thin ice, so be careful!
- Slower speed and performance
All technology deteriorates over time, so this is a warning sign you need to place specific focus on. Day in day out, we do not seem to notice the slow decline in technologies. However, as technology ages and slowly it becomes obsolete, it is important to keep up to date with the latest solutions available to ensure your estate is operating at its highest level.
- High Licencing Costs
With constant strain on IT and annual licencing fees, this can sometimes put huge strain on your overall budget. When the licensing fees begin to wipe out your budget it can often be linked to server sprawl; and therefore, time to modernise.
- The business is demanding more from your environment
Outdated legacy systems make it difficult to access the right data at the right time. If your organisation does not have a modernised data system, it is difficult for employees to access this data.
- Constant requests for BI and Advance Analytics
Nowadays, accessing data 24/7 is more common than ever. Businesses are making decisions based on data and therefore, having this available at their fingertips is essential. New demand for these insights may indicate a need for modernisation.
- Microsoft support has expired
Microsoft fixes any issues for the first five years of purchasing a new product and provides security fixes up till the 10-year mark. Following this, Microsoft ceases its support for said product. If your data estate is older than 10 years, you may want to modernise your estate to access Microsoft support.
- Subjected to a rise in vulnerabilities and security breaches
Security is constantly changing and advancing; and the simple fact is that older versions of technology are not as updated and aware of the ever-changing environment.
The Cost of waiting too long
The cost of maintaining legacy systems, as well as the lack of ability to determine what your data is telling you are driving forces to modernise. Waiting too long will cost you and your organisation.
Cost 1: Technology reaches end of life: Just like data modernising, technology also needs to be modernised to ensure it does not reach its end of life. Systems, software, and hardware becomes unsupported, and this can lead to huge performance issues if you leave it too long. By running unsupported and outdated platforms, your organisation is just waiting for a serious breach or platform failure.
Cost 2: Performance is inhibited: As your organisation grows and demands new services, your legacy estate will struggle to keep up with new and workloads without a modern data estate.
Cost 3: Upgrading legacy systems: There becomes a point where it is no longer possible to migrate your data from its current estate to the most recent available solution. Delaying this will only make it more difficult and time consuming when trying to modernise.
At MOQdigital, our goal is to help you deliver modern data experiences through a modern data platform. We do that by aligning with your data-centric goals, and providing you access to all your data so they can make rapid, data-driven decisions. Regardless of whether your organisation needs to modernise your database, embrace multi-cloud architecture, or advance analytics initiatives, we can help you derive better insights and make data-driven decisions at the speed of your business.
If you would like to learn more about how MOQdigital can help you in your journey to modernise your data estate, please contact us here, and act now before it’s too late.