Last updated on November 15, 2019
While there are many things important to businesses, few are more important than data. Data helps businesses make decisions, help improve conversations with customers, deliver better services and even come up with additional revenue streams.
Most companies have a large database with millions of pieces of data that range from names to emails, to credit card information and many others. In fact, the amount of data being created is already incredibly high and only expected to grow higher.
However, in order to get the most out of this data, the database needs to be managed. Managing a database allows companies to retrieve, organize, format and manipulate the data. Like nearly every business area in our tech-heavy modern lifestyles, the database management space has a lot of trends and innovation.
Knowing these trends can keep your company and database management techniques current and up-to-date. Without any further ado, let’s take a close look at some of the top database management trends in 2019.
Security of Company and Customer Data
While security has always been a large concern for companies, this is even truer now than ever before. Hackers and other types of cybercriminals have honed their methods and are very capable of stealing data or wreaking havoc on your company if they gain access. A hack or data breach can cause loss of data, theft of data and significant financial loss.
As a result, you should have security measures in place to protect your company and data. This includes password protection firewalls and potentially even log management. Tracking and managing logs will keep you informed about everything happening in relation to your company and software, including security events. If you want to learn about a Python logger – data logger software for Python, be sure to click the link.
Working With Third-Party Providers
With many companies having millions of pieces of data to manage, it can be difficult to manage it all on their own. It can be time-consuming, expensive and be incredibly frustrating for those doing it. Thankfully, there are many third-party database management providers that can take this off of your hands.
Working with these providers will not only save you money, but also a lot of time. These companies will often have technologies and software in place to manage your database more effectively, as well. Simply put, working with one of these companies can often offer your a more simplified and streamlined experience than handling it all in-house.
Automating the Process
If you don’t want to work with a third-party provider, you could consider automating the process. Automation is one of the most exciting technologies for businesses, and it is easy to see why. Automating various processes, such as database management, will reduce the amount of human input needed to handle mundane tasks.
If your database management process and inputs are even semi-automated, you should see your efficiency skyrocket and will almost certainly save money. Automated database management will limit the human interaction that is needed for things like making updates, organizing data and performing maintenance-related tasks.
Automation is possible by using a third-party provider, or creating your own automation software or program. For example, Python is great at building and writing programs that can help you automate a variety of boring or time-consuming tasks.
Harnessing the Power of Analytics
Gaining insights and information from data is one of the most important tasks related to database management. This information is often used to offer a more personalized experience to customers. Personalized experiences and services being offered can improve loyalty, retention rate and simply lead to more sales.
As a result, companies are always looking to get access to more analytics that can help make business-related decisions. Getting a complete and full view of everything about your customer is the main goal, as it will allow companies to target in ways they never have been able to before. As we find newer and more exciting ways to analyze data, the insights and analytics we are provided with are even more useful.
For example, using Python, you can visualize data to analyze in whole new ways using a variety of techniques. Data visualization is incredibly important to tell stories or recognize trends, and can be how we turn data into knowledgeable, useful and digestible content.
Utilizing the Cloud
Using the cloud is growing more and more popular around the globe. Not only is it more secure, but it can also be more affordable and allow anyone to have access to data important to their jobs. The cloud is also more reliable, as it won’t go down in the event of a power outage or other kind of machine failure.
Using the cloud is especially great for companies who work with freelancers or remote teams. This is because everyone can get access to the data they need to do their jobs, without having to physically be where it is stored. While the cloud has been around for a while, it continues to offer new and exciting benefits to businesses.
In conclusion, hopefully, this blog post has helped you learn about some of the biggest trends in the database management space in 2019.