The active growth of the database sector was fueled by the emergence of Covid-19. To survive in the new environment, many companies have had to revise and improve their applications and digital services. As a result, more database instances were deployed, as well as tools to ensure quality data manipulation. Since no business plans to reduce data usage, there will be new products for data processing and ways to create value.
One of the main trends of 2022 is related to the company’s databases management. Not so long ago, all database instances had to be run inside a local data center. For now, developers and IT teams have more options. Together with an on-premises deployment, databases can be run by a service provider, deployed in the cloud, used as a service from a cloud provider, and run as serverless instances.
Database-as-a-service supports more applications and digital services, so more companies will be migrating to this option in 2022. DBaaS is a cloud computing model that provides access to a database without installing hardware or software. Configuration and maintenance are the provider’s tasks, the user can immediately use the database. DBaaS is a fully managed service that includes software and hardware, backup, administration, networking, and security. The implementation of this tool ensures a fast, safe and cost-effective workflow that allows to optimize all business processes.
- costs minimization: there are no large investments, user needs to pay for what he uses (for example computing power, support, traffic, etc.). DBaaS is an affordable and cost-effective solution for all sizes businesses;
- scalability: it is possible to scale up or down according to the user needs. It will take just a few clicks to scale the database (to store records of any size). The absence of a lengthy process of installation, configuration, software migration allows to reduce time and financial costs;
- security and performance: the DBaaS provider is responsible for the data and hardware security. The system location in a remote cloud ensures the security and data integrity. Cloud computing enables fast data processing and application performance;
- self-service and flexibility: all processes are automated, all tasks for updating security, kernel, OS, software patching are the responsibility of the provider.
The main DBaaS disadvantage the lack of direct access to corporate information: the storage and processing of databases is transferred to a third party, which makes it impossible to influence security and recovery measures. However, the level of reliability, security and efficiency of DBaaS far exceeds standard databases.
The need for enterprises for stand-alone cloud databases is growing today. Cost reduction, availability, renewal, flexibility, efficiency are the main factors that drive companies to use DBaaS. The global cloud database and DBaaS market is projected to reach $ 399.5 billion by 2027.