AtScale Blog

There is a turf war going on today among technology providers to move their enterprise customers to the cloud. IBM believes so strongly that their future success resides in their ability to get enterprises to the cloud that they just announced the largest technology deal in history, buying RedHat for $34 billion. As IBM CEO Ginny Rometty pointed out, only 20% of enterprise data workloads have moved to the cloud. This statement highlights the fact that there is a massive opportunity among technology cloud providers to vie for the rapidly growing cloud storage market estimated to be nearly $90 billion dollars by 2022.

In the fifteen years since Tableau was founded, it has emerged as one of the preeminent business intelligence software tools, to the extent that only Microsoft Excel is utilized by more enterprises to analyze data. Tableau’s popularity stems in many ways from its versatility. The tool allows users to combine data from different sources to produce reports that are in turn utilized to answer critical business questions. Tableau’s use cases span most industries, as well as most departments within a company. For example, a retail organization might have multiple teams employing Tableau to look at both sales data and core financial metrics, while a manufacturing firm might use the software to look at support and inventory data.

Disruptive technologies inevitably lead to the emergence of new job functions across all levels of an enterprise. The emergence of cloud computing is no different. Companies are positioning themselves to take advantage of the benefits cloud computing provides and with that comes the dawn of a new job title, the “Chief Data Officer”.

It is no surprise that as businesses discover more ways to turn data into value, the appetite for storing large amounts of data is also increasing. Low storage costs enabled by cloud computing solutions such as Google BigQuery, Amazon Web Services, and Microsoft Azure allow enterprises to house vast quantities of data with minimal risk. However, analysts note that up to 75% of data remains unused, meaning most companies are not truly using data to run their businesses.

In recent years, enterprise organizations have opted to migrate to or establish data lakes on cloud technologies to lower costs and increase performance. Cloud solutions’ pay-per-use pricing model and ability to scale on-demand, enables organizations to effectively analyze large data sets at a lower cost than if that data was stored in traditional on-premise solutions. Amazon Web Services’ ability to accommodate expanding large-scale data volumes and to process structured and unstructured data formats in the same environment, make the AWS ecosystem of technologies a highly popular set of solutions to address common data challenges.

In order to be successful, data driven organizations must analyze large data sets. This task requires computing capacity and resources that can vary in size depending on the kind of analysis or the amount of data being generated and consumed. Storing large data sets carries high installation and operational costs. Cloud computing, with its common pay-per-use pricing model and ability to scale based on demand, is the most suitable candidate for big data workloads by easily delivering elastic compute and storage capability.