Modernizing Enterprise Data Platforms: A Strategic Path to Progress
May 6, 2024
5 mins. reading time
In the dynamic world of enterprise data, keeping your infrastructure current and optimized is more than just an operational necessity—it's a core business strategy. However, if you're wrestling with ageing solutions, you know how difficult it can be to respond to emerging changes and innovations, such as artificial intelligence. As executives in charge of analytics and enterprise data, it can be overwhelming to navigate the journey of upgrading legacy data infrastructure while optimizing efforts, time, and cost. Thankfully, there's a distinct way forward with Kloud9—a structured solution designed for swift progress at a fixed cost.
The State of Enterprise Data
As we delve into the topic, the first crucial point of discussion is the state of enterprise data platforms. These sophisticated systems have undergone massive changes and advancements over the years. Enterprise data warehouse was the latest in EDP and analytics only to be replaced with data lakes, data lakehouses and data mesh in the recent years. Agility and cost efficiency has become a key component when considering different architectures.
- Legacy Infrastructure: Many companies still use legacy systems, which are cumbersome, costly, and time-consuming in the long run. When it comes to data platforms, even 10 years old infrastructure is now considered “legacy”. These systems often struggle to keep up with the rapidly evolving data landscape and fail to provide real-time, actionable insights necessary for informed decision-making. Often cost to manage these older platforms is going through the roof as cost to keep up with data growth and processing in expensive instances is increasing significantly and make it hard to budget.
- Predictive AI: Predicting outcomes based on large volume of data requires not only sophisticated machine learning algorithms but also accessible and correct data. Predicting valuable signals from the noise requires level of trust into the underlying fact base. For instance, predicting retail stock-outs across thousands of stores and tens of thousands of items while adjusting for promotions and seasonality requires solid foundation in order to develop solid feature store to feed the inference engine.
- Generative AI: A ground-breaking innovation, Generative AI has radically transformed the way several functions in organizations can be optimized such as sales, marketing and services. GenAI is frequently used through Chatbots for customer service, recommendation tools or to support employees with internal dataset and documentation such as compliance and policy. Ensuring that GenAI large language models don’t hallucinate, they need to be fine-tuned with accurate data from enterprise systems including accurate policy and process documents. But incorporating this technology into an old data system can feel like trying to fit a square peg into a round hole.
- The intersection of these crucial points is where many organizations find themselves trapped—caught between the need to stay relevant and the challenge of revamping their established systems. There’s also concern for business case to re-build infrastructure. As the saying goes - “no one cares about plumbing until the toilets back up”.
Breaking Free with Kloud9
At this crossroad, Kloud9 offers a solution: a strategic way to modernize your enterprise data platform. We understand the unique challenges associated with such an overhaul and have created a structured solution to help businesses break free from their ageing systems and embrace the future without blowing their budget.
- Efficiency: Kloud9’s approach focuses on optimal utilization of resources, drastically reducing the time and effort traditionally required in such transformations. We leverage our expertise and a suite of state-of-the-art tools to make the transition as seamless as possible. We leverage right-shore approach to ensure that right resources are deployed in the right tasks.
- Speed: Kloud9 guarantees to create a Minimum Viable Product (MVP) within three months, ensuring your business doesn't lag while transitioning. Once the MVP for specific use cases is developed, you can choose to continue developing the platform yourself or embrace Kloud9 managed service approach.
- Cost: With Kloud9, you get a fixed price, taking the guesswork and surprises out of budgeting. You’ll know exactly what you’re investing and can trust that your resources are being used wisely. Kloud9 is cloud and platform agnostic, although we prefer to work with GCP and AWS but we are perfectly capable to support Azure as well. Based on your organizations specific needs we recommend Snowflake, Databricks and AWS/Azure native solutions.
In Conclusion: The Kloud9 Commitment
At Kloud9, we're not just providing a service; we're committing to your business's future and growth. We understand that revamping data infrastructure is a significant undertaking and that's why we promise a swift, cost-effective solution. Our fixed-price pledge and a promise to deliver an MVP within three months demonstrate this commitment.
The path to modernizing your enterprise data platform starts with understanding the scale of the task, acknowledging the unique challenges, and selecting a partner who can guide you through the transition. With Kloud9, you’re not just getting a vendor; you're getting a partner dedicated to helping you optimize efforts, time, and cost – and revolutionize your approach to data management. Together, let's set sails towards the future of data and AI.