What is Data Management as a Service (DMaaS)?
No matter what business you’re in, you use, collect, and store data. And protecting that data is integral to your success. In 2022, the average cost of recovering from a data breach was almost $10 million. Protecting your company from this kind of financial fallout begins with how and where you store your data. Chances are, you have multiple data sources and types of data you need to manage and secure, and those data needs will change over time. Depending on the type of business you’re in, you may also have strict data governance and compliance rules about how and where that data lives—and who can have access to it. Whatever your data needs are, there’s a better way than tacking on “data management” to someone’s job description, letting them juggle Excel spreadsheets, and hoping for the best. Let’s explore a few data management options and whether Data Management as a Service might be right for your organization.
What is data management?
Data management is . . . well, exactly what it sounds like. It’s the overall process of storing, organizing, securing, and maintaining all the data that an organization has. It has a few key components:
Data Integration: Combining different data sources into a unified, accessible system
Data Quality: Ensuring that all data is continuously accurate
Data Governance: Establishing policies, procedures, and standards for managing data—both what is required by a company’s policies and what may be required by law
Data Storage: Creating the infrastructure to store data reliably either onsite or through a cloud-based system
Data Security: Protecting data from unauthorized access and attacks
Data Backup and Recovery: Ensuring that data is consistently backed up and recoverable in the event of a critical incident
Data Analysis: Extracting insights and information from stored data to make decisions
So, if you’re ready to move beyond spreadsheets for your data management solutions, you have several options.
Types of data management services
In-house data management: Some organizations feel comfortable building the infrastructure to manage their own data, as well as hiring a team to oversee all their data needs. This can require significant investment in hardware, software, storage, and staffing. While some companies choose to house all their data onsite on physical servers, many opt for the use of cloud-based storage or a hybrid of the two.
Data Management as a Service: If your company doesn’t have the infrastructure, resources, or expertise to manage and secure its data, DMaaS, or Data Management as a Service, is an option. DMaaS providers handle all your data needs—big or small, leaving you free to focus your resources on your core business while sleeping soundly at night knowing that your data is secure. Unlike managing your data in-house, working with a DMaaS vendor means you don’t have to purchase any hardware, nor do you have to hire additional staff—the vendor does it all for you as a pay-as-you-go service with fees based on how much data you need to be stored and what additional needs you may have for security, backup and recovery, and analysis.
Benefits of DMaaS
Save money. With DMaaS, businesses don’t have to invest critical resources in building and maintaining their own data center and infrastructure. They can pay only for the services they need for the amount of data they need stored and maintained.
Get scaleable. DMaaS providers can scale their services up or down to meet the changing needs of small, medium, and large businesses, as well as for businesses whose data needs fluctuate over time.
Trust the experts. DMaaS providers are data experts—and data is their business! Companies don’t have to hire their own team of experts or trust their data security to a team member who doesn’t specialize in data.
Stay secure. DMaaS providers have robust security measures in place to protect their clients' data, giving businesses peace of mind that their data is secure.
Focus on your core business. By outsourcing data management to a DMaaS provider, businesses can focus their time, resources, and attention on their core business and leave the data management to the experts.
Rubrik and DMaaS
Ready to get started with DMaaS? Rubrik’s DMaaS solutions offer a single software platform that securely delivers backup, recovery, analytics, data governance, and compliance across data centers and clouds. Any organization can use Rubrik’s user-friendly Data Security Cloud anywhere to store and secure its most sensitive information. Their zero-trust data security policies and comprehensive backup and recovery solutions ensure that you have the best protection from cyber attackers and the least downtime in the event of a critical data incident. Contact Rubrik today to talk to an expert about your data needs!