Many people use cloud storage as a backup purposes, or use a cloud-based file sharing service to share files with family members or friends. Some of these cloud storage services provide advanced features, such as selective synchronization of folders for mobile devices, integration with productivity tools, intelligent notifications, document-level comments, and activity streams that help anybody understand what’s changed/updated to a file/folder in the past. Others are focused on security, using encryption, allowing only certain IP addresses access or the security of a virtual private network (VPN).

In-depth business analysis in real-time is the key to modern-day success in data management. This requires a technology capable of delivering high performance at scale. This is difficult to achieve with homegrown or consulting-based solutions that rely on several regions, services, and clouds, and whose design is often designed to provide fault tolerance rather than for high uptime.

Data Sharing

A reliable data-sharing tool provides a single, consistent way to exchange data, monetize and consume live market datasets across the entire business ecosystem. It provides speed, power and security, as well as governance to support a wide range of business applications based on data. These range from historical sales forecasts and models of customer propensity to live market data feeds for predicting trends and identifying new opportunities. This is a complex issue to resolve. However, a top of breed vendor can provide a platform that delivers low latency insights, while lowering costs, and reducing risk of data.

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