Selecting the right cloud provider for your company’s databases is more important than ever. With data-driven strategies powering modern business growth, the database infrastructure you choose significantly influences scalability, security, and efficiency. According to Statista, 89% of organizations now use multi-cloud strategies to enhance flexibility, reliability, and compliance. Key considerations include compatibility with your existing tools, long-term cost efficiency, and the ability to support innovative, high-performance workloads.
Understanding Your Database Requirements
Choosing the right cloud provider starts with a clear understanding of your database needs. This means identifying the best database type, evaluating storage and performance requirements, and ensuring compliance with industry regulations. Here’s a closer look at what to consider:
Database Types
Relational / SQL
Relational databases are perfect for structured data and transactional operations. They shine in scenarios requiring data consistency and complex querying. According to industry projections, relational databases are currently dominating the market, reaching a value of approximately $74 billion.
Non-relational / NoSQL
NoSQL databases are best for unstructured or semi-structured data, such as real-time analytics or IoT applications. NoSQL databases are gaining traction, with MarketsandMarkets predicting the global Cloud Database and Database-as-a-Service (DBaaS) market – which includes NoSQL – to grow from $21.3 billion in 2023 to $57.5 billion by 2028, fueled by rising demand for scalability and flexibility.
Hybrid
Hybrid databases combine the strengths of SQL and NoSQL, making them ideal for handling diverse use cases. They offer the adaptability modern applications need to manage structured, semi-structured, and unstructured data within a single system.