The True Costs of Big Data Migration and How to Combat Them

Understand the financial, time and productivity costs of big data migration and how BRYCK® provides solutions to combat these challenges.

The process of moving big data is expensive, time-consuming and requires a substantial investment in equipment and resources. Identifying the true cost of this process enables organizations to evaluate the benefit of alternative solutions. Updated statistics show by the end of 2021, the world will have produced 79 zettabytes of data, much of it generated in edge environments. At present, the fastest way to transfer large quantities of data is not via digital methods, but by copying the data to a disk drive. The disks often consist of full-sized truck-mounted storage. The truck then transports the data to its destination, where it is uploaded to the data center. After this, the disk is wiped clean and ready for reuse. Most data transport vehicles can carry a maximum of around ten petabytes of data, so moving the data generated in 2021 will take more than 7 million trips.

Understanding and Combating Big Data Migration Costs

Financial Cost

Direct costs include hardware, infrastructure, computing equipment, overhead for premises and staffing, software licensing and moving costs. A 40TB data warehouse costs around $880,000 annually. Indirect costs include hiring qualified staff for data conversion and transport, data scrubbing by data scientists, security maintenance and ransomware penalties. Delays cause data obsolescence, losing insights that could boost profitability.

The Cost in Wasted Time

The longer it takes to access data and apply insights, the higher the cost in lost productivity and revenue for organizations in data-driven markets. Flight data captured at the moving edge can have significant safety implications if processed fast enough. Time delays impact both financial metrics and critical safety decisions.

The Price of Slow Transfer Speeds

Migrating large amounts of data can take hours, days, or weeks. Even 5G can take up to two years to upload a petabyte. Traditional methods face processing, queueing, transmission, packet-switching and propagation delays. At 40 GB per second, BRYCK® offers faster throughput than most alternatives with advanced algorithms for efficient storage utilization.

The Cost in Lost Productivity

Data analysis is critical in modern workplaces. Organizations with advanced analytics are twice as likely to be top performers and five times more likely to make crucial decisions faster. Low productivity costs organizations around $1.8 billion annually. Better data access enables faster decision-making, critical changes, improved performance and enhanced quality control.

Resource Repercussions

Tying up human, financial and digital resources for extended data migration periods has major implications. More human resources mean higher staffing costs and lower profit margins. Increased digital resource usage lowers communication speed while pushing costs up. Consequences include environmental pressure, low shareholder satisfaction and funding challenges.

BRYCK® reduces financial costs by minimizing capture, transport and access time. The lightweight device and sophisticated software eliminate high long-distance WAN costs, reducing ongoing financial expenses significantly.

By eliminating traditional data transfer methods, BRYCK® overcomes time delay issues. Fast, simple edge data capture and rapid transport to data centers saves time and enables immediate processing. Added benefits include resource savings and urgent access to productivity and profitability insights while reducing security risk exposure.

BRYCK®'s multi-threaded parallel data transfer and advanced data placement algorithms enable faster analysis preparation. Organizations gather and apply findings sooner while reducing resource quantity and costs. Moving big data faster is critical for informed decision-making and competitive advantage.

With improved data access and insights BRYCK® provides, companies make better decisions faster, implement critical changes, boost employee performance and enhance quality control. These actions lead to increased productivity with higher profitability, amplified staff morale, better talent retention and competitive advantage.

By deploying BRYCK®'s data management solution, organizations capture and transport data from any environment, including remote and moving edges. Companies free up resources for other uses while experiencing rapid data access benefits. The costs associated with big data migration don't have to be this pervasive. As data usage grows and its value intensifies, companies need new transportation ways. BRYCK® is rugged, portable, blazing fast and secure, promising to revolutionize big data migration in the near future.