Praveen Thakur, Vice President, Technology Business Unit at Oracle.
The promise of big data has caused companies to relook at how to best leverage their treasure trove of data. In today's fast-paced and highly competitive economy, this alone isn't enough. To stay ahead of the competition, companies need to gain first mover advantage, in which they need to discover insights not only in real-time, but faster than their competitors.
Database-as-a-Service (DBaaS) has risen as the enabler to give businesses the speed and power to manage their own data to develop their own unique business edge, said Praveen Thakur, Vice President, Technology Business Unit at Oracle. In an exclusive interview with CIO Asia, he explains why DBaaS should be the central neurosystem of a business, and how companies can achieve that.
How does DBaaS help transform a business?
Thakur: Businesses today are inundated with tonnes of data that needs to be managed. Data is a treasure trove of information that not only ensures the smooth running of the business, but also provides insights for further growth of the company. Proper data/information management is thus the driver that sets that transformation in motion.
DBaaS is a paradigm where end users (database administrator, Developers, QA Engineers, Project Leads etc) can request database services, utilise it for the lifetime of the project, and then have them automatically de-provisioned and returned to the resource pool. This provides companies with a shared, consolidated platform from which organisations can easily provision database services. It also has elasticity to scale up and scale back database resources, and chargeback based on database usage, thus increasing cost efficiency. DBaaS follows the definition laid down by the National Institute of Standards and Technology (NIST) for cloud computing -- SelfService, Rapid Elasticity, Measured Service (metering and chargeback) and Resource Pooling.
Enterprises today are constantly evolving with hundreds or even thousands of new applications to meet growing business demands. This growth has driven up the cost of acquiring and managing servers and storage in the industry. Initially, we viewed DBaaS primarily as a consolidation exercise for reducing capital expenditures (CAPEX) for our customers, but as it evolved, we realised that other key drivers like self-service, chargeback, and capacity planning facilities proved to be key for businesses to not only reduce costs, but to also have the resources and support to enact real business transformations. On-demand access to software and infrastructure in a self-service provision by our Enterprise Manager solution, along with its elastically scalable and metered manner, has helped our customers address issues related to the quality of their service and has given them the flexibility to meet the dynamic nature of business workloads.
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