This website uses cookies. By continuing to browse the site, you are agreeing to our use of cookies
Discover how data warehouse modernization drives agility, scalability, and cost efficiency. Learn key drivers, benefits, and methods to transform your data and AI solutions for smarter decisions.
Data & AI Solutions
April 28, 2023
In today’s increasingly digitized world, data warehouse modernization is crucial to driving data-driven business decisions and insights. Organizations can benefit from improved agility, scalability, and cost efficiency with the right modernization strategy. A data modernization strategy helps you create data management and governance practices that optimize intelligence tools while enhancing data privacy and security across all cloud, multi-cloud, and hybrid IT environments.
Modern data architectures, like cloud data warehouses and data lakes, empower employees to leverage analytics for insights more efficiently. With the right data governance strategy and data democratization measures, more people can self-serve curated, trusted data, fostering data-driven business decision-making.
In this blog post, we will explore the key drivers for modernization, standard methods, benefits and challenges of the journey, and how Hexaware can help you effectively achieve your modernization needs.
As with most modern digital enterprises, data warehouse modernization is driven by two primary levers – business and technology. Data warehouse modernization helps organizations become data-first enterprises where data-driven decisions and insights can be effectively monetized. The way they are intertwined can substantially impact the outcome and the ROI.
Now that you are aware of the key drivers of data warehouse modernization, let us explore the methods that will help you get there. Does it involve rebuilding everything from scratch? Or is it possible to update your current data warehouse? Well, the answer is that you can do either. Here are three effective methods for modernizing data warehouses:
Moving legacy systems to a cloud-based data warehouse is the first step in modernizing data warehouses. This approach entails re-platforming, i.e., optimizing existing infrastructure for optimal cloud performance. This method has numerous advantages, including the following:
Greenfield development, a significantly more intensive and time-consuming method, entails using tools, platforms, and practices to launch a new data warehouse initiative from scratch. Enterprises can create a data lake, domain, or model to store data through this. This method has advantages that may appeal to numerous businesses.
Enterprises may sometimes retain their on-premises legacy systems to ensure compliance and security. These challenges, however, can no longer hinder an enterprise’s digital transformation journey. Extending an existing data warehouse is the best option in situations like these. Legacy sources are integrated with modern tools and cloud platforms to improve the scalability and agility of your data warehouse. This strategy preserves selected old components while modernizing others with new functionalities. The advantages of the extension method are as follows:
Data warehouse modernization transforms an inefficient data storage and processing system into a modern, agile architecture. Almost every modern enterprise relying on a robust IT ecosystem would gravitate toward this advantage. Maximizing the use of new or open data sources, deploying Cloud BI, and managing data are the current trends for executives. However, the list of advantages is much longer. In actuality, it consists of numerous elements, including those mentioned previously. Here is a summary of the key drivers of data warehouse modernization:
Before embarking on the data warehouse modernization journey, it would be prudent to pose a few questions regarding potential scenarios.
CIOs would do well to take into account all the scenarios above from both a business continuity and financial standpoint. At Hexaware, we are fully aware of these challenges and how to resolve them comprehensively.
Are you seeking an ideal technology partner for your data warehouse modernization journey? Do you want to ensure all the challenges that might crop up are well anticipated and planned? Look no further than someone with proven industry expertise! At Hexaware, we empower enterprises to leverage next-gen automation for modernizing data warehouses and analytics ecosystems – thanks to Amaze® – our proprietary Data & AI platform.
Amaze® is a purpose-built, complete data management platform for modernizing data from on-premises to a cloud environment that considers every enterprise situation, cloud platform, and migration process. Additionally, it integrates data discovery, quality, transformation, reconciliation, lineage, and security into a single platform, thereby enhancing IT and business team collaboration. Moreover, our cloud engineering team ensures that the entire journey is agile, seamless, and secure, with zero or minimal possible downtime.
To learn more about how Hexaware can accelerate and enhance the results of your data warehouse modernization, visit: https://hexaware.com/services/business-intelligence-and-analytics/amaze-for-data-ai/data-warehouse-modernization/
About the Author
Prasad Karkhanis
Read more
Every outcome starts with a conversation