Big Data as a Service (BDaaS): 5 Pros and Cons
Collecting and analyzing data to gain valuable information.
To begin; what is BDaaS anyway? The exact definition is quite different. Even Wikipedia does not have a definition at the time of this writing. We consider it an online service that enables the customer to collect and analyze data in order to gather valuable information. Actually a kind of utility. In this blog we have listed a number of advantages and disadvantages.
Benefits of Big Data as a Service
#1 Insights with BDaaS
Number #1: insights! This applies to both BDaaS and a solution that is placed locally. With (big) data analysis, new insights and competitive advantage can be achieved.
#2 Cost savings with BDaaS
When you start with BDaaS, you do not need to invest in your own environment. You also need less knowledge to start with Big Data analysis. This applies to both the technical infrastructure and the software environment.
#3 Making use of existing knowledge about BDaaS
The solution provider shares (if all is well) acquired knowledge. This allows faster results when connecting and analyzing data sources. More documentation is often available and certain matters are standardized.
#4 Limited technical knowledge required with BDaaS
Of course, this depends on the solution, but in general, the providers take a large part of the work off your hands. This concerns updates, installation, security, etc. This is more useful than you might think, especially since employees with 'knowledge of the matter' are hard to find.
#5 Get started quickly with BDaaS
Because it is an existing, already present solution, connecting and analyzing data can be started quickly. The entire design and installation process can be skipped for a large part. The solutions are mostly 'plug & play'.
Disadvantages of Big Data as a Service
#1 Security
The data is mainly sent over the internet to the provider. This means that preferably secure VPN connections should be used. It is usually not desirable for third parties to be able to 'look along' with what is sent over the line.
#2 Capacity of the (internet) connection
Because the data is sent via the internet, this can cause problems with the amount and speed. Initially, data can be brought to the provider via media, but structurally the speed of the internet will determine whether the solution works well.
#3 Change provider
Because the data is in the cloud, it will be more difficult to make a copy of it. Especially if it is hundreds of terabytes. If you want to change providers, you will have to think carefully about a migration path. How do you get the data from one provider to the other and what are the agreements about this with the current provider?
#4 Legal Consequences
When data is put in the cloud, it is not always clear where the data is located and in which country. This can have consequences. Who is allowed to view the data and under which legislation does the data fall?
#5 Limited solution
Many BDaaS solutions are standard solutions. In other words: suitable for a specific purpose. At the moment you want to connect more data sources, this is not possible and you need another solution.
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