BENEFITS OF DUE DILIGENCE DATA ROOMS

The public cloud is not a panacea nor the only possible way to reduce infrastructure costs. However, it allows you not to buy equipment that today has become 20-30% more expensive and has to wait several months due to the ongoing semiconductor crisis. At the same time, you can continue to work on due diligence almost continuously.

Why are VDRs necessary?

In any company that employs more than 100 people, as a rule, there is a whole “zoo” of information systems for various purposes – accounting, CRM, logistics systems, procurement, personnel management, production activities, etc. The reason is simple: not a single, even the most advanced information system of an enterprise can keep up with the growth of business requirements and the speed of changing market conditions. Moreover, even if such a system exists, it costs so much that it is inaccessible to most businesses.

However, the manager cannot and should not manually put together the information “puzzle” from the reports of all these systems to get a complete picture of the work of the entire enterprise. When putting the puzzle together becomes an overwhelming task, the company begins to build a single repository, which is usually called the corporate data warehouse.

Benefits of clouds for due diligence

When used correctly, you can get the following benefits of cloud storage:

Fault tolerance. As a rule, to build fault-tolerant solutions, the provider has ready-made recommendations and specialists who will tell you how to apply these solutions correctly.

  • “Infinite” amount of resources. Any cloud provider has enough resources so that the customer does not have to think about the next purchase of equipment and does not worry about the exhaustion of resources, which will lead to a stop in the storage.
  • Ready-made data migration tools out of the box. The customer does not have to test many tools. Instead, he will be able to take one that is instantly available and tightly integrated with other services.
  • And finally – specialized services for organizing DWH. These are versions designed specifically for processing huge amounts of data and complex analytical queries.

Placing DWH in the cloud will allow in the future to provide integration with corporate systems of customers and partners. All the data is already there, and the cloud provides the necessary tools to deploy modern cloud-native applications. For example, the API Gateway service will combine all internal applications and provide a single API for integration. At the same time, the managed version of Kubernetes will simplify the deployment of applications.

Building DWH in the cloud will be the first step in a true digital transformation of the enterprise. After all, digital transformation means a transition to the clouds, which always requires “clearing the rubble” of past years, rethinking architectures and their migration to new distributed and fault-tolerant solutions.