Companies Face Challenges in Cloud Data Storage

Companies Face Challenges in Cloud Data Storage

With the rising costs of cloud services and the increasing exposure to strategic limitations, companies are rethinking their approaches to data storage. Currently, many organizations are at an inflection point where the trend to fully migrate to the cloud no longer appears viable given the scalability and control needed for their operations.

Reasons for Change

The increasing costs of cloud storage and the need to control internal operations are forcing companies to reconsider their strategies. With the growing work in Artificial Intelligence (AI), the limitations of a solely cloud-based data strategy are becoming more evident.

Building Internal Platforms

A study indicated that 95% of business leaders plan to develop their own data platforms in the next three years, but only 13% are currently doing so. This discrepancy highlights the urgency for adopting a more controlled and efficient strategy.

Impact for the Future

Organizations can significantly benefit from a sovereign data model that incorporates both cloud and on-premises solutions. This will allow them to manage their data more effectively, balancing costs, control, and scalability.

Conclusion

The current scenario demands that companies seek new approaches to data storage. The pressure to implement a sovereign internal data platform is a logical response to the limitations of cloud dependency. The dynamics of this transition will shape the future of business operations. What is expected is that, with these changes, companies will be able to better balance control and innovation.