In my last post on this subject, I talked about the benefits of cloud computing, especially when it comes to deploying BI in the cloud. The advantages are numerous, but there are also drawbacks that need to be considered before responsibly moving forward. Here are some of the arguments we hear about from our customers and how business intelligence providers have already thought of ways to curb them:
Data security. Security is a concern for IT and business professionals alike. Since your business performance data is stored externally in a cloud model, data management and protection is in the hands of the provider – not your IT department. For regulated environments such as the pharmaceutical, healthcare and financial services industries however, data security is paramount and their information may never be stored off-site. However, it’s still possible to deploy your BI in the cloud even if your data needs to be stored on the premises. It simply involves storing your data on-site behind firewalls and running your queries and reports over the web in a browser. Your data never leaves the premises so you maintain your own data security, but you still benefit from less hardware costs and time saved from not having to install the BI software on every machine or mobile device. It’s a win-win. You can learn more about this particular style of deploying cloud BI in our webinar, A Roadmap for BI Cloud Computing, which is available as a recording here.
Data backup. Though it’s a cost-saving measure to dump your backup servers, having your backup and storage off-site can keep you up at night. If your company is dependent on the cloud provider’s backup and redundancy services to preserve data if any issues arise, you better hope you chose your vendor wisely :-). No seriously, the method we just touched on where data is actually stored on the premises is a compromise that can alleviate this issue.