Minimal setup time: Organisations can begin storing and processing data almost immediately using the DaaS solution.
Improved functionality: Cloud infrastructure makes DaaS workloads less prone to downtime or disruptions.
Greater flexibility: DaaS is more scalable and flexible than many alternatives, since more resources can be allocated to cloud workloads instantaneously. For most companies, having enough data is no longer a major issue. It’s organising and operationalising that data that presents the biggest challenge today.
Cost savings: Data management and processing costs are easier to optimise with a DaaS solution. Companies can allocate just the right amount of resources to their data workloads in the cloud and increase or decrease those allocations as needs change.
Automated maintenance: The tools and services on DaaS platforms are automatically managed and kept up-to-date by the DaaS provider, eliminating the need for end-users to manage the tools themselves.
Faster Paths to Innovation: DaaS opens the doors to growth. With data at the centre of a business, growth happens quickly. That is because data-informed strategies allow for more innovation with less risk. When trustworthy data is provisioned to different departments and teams that need it, ideas based on that data have a better chance of gaining buy-in from other areas of the business and ultimately succeeding once put into practice. Ideas can take flight faster with access to data that informs new initiatives and spurs on growth.
More Agile Decision Making: DaaS represents a great opportunity for many businesses to treat data as an important business asset for more strategic decision making and effective data management. It can combine both internal and external data sources, such as customer, partner, and open data sources, for a comprehensive view of the business. DaaS can also be used to quickly deliver data for purpose-built analytics with end-to-end APIs (Application Programming Interface) serving specific business use cases. DaaS can help support self-service data access, simplifying business user data access with an intuitive, self-service directory. This can reduce the time spent searching for data and increase the time spent analysing and acting on the data.
Data-Driven Culture: Breaking down data silos and getting teams the data they need is a huge challenge for businesses today. DaaS grants businesses the ability to deliver integrated data from a growing list of data sources, fostering a data-driven culture and democratising the use of data in everyday processes. DaaS also helps companies manage today’s rising tide of data and growing data complexity through reusable datasets for broad data consumption. These reusable data assets can promote both inter-enterprise and intra-enterprise sharing, establishing a central understanding of the business. By opening up access to critical data resources, DaaS can help organisations infuse data into their business practices.

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