ENERGY INDUSTRY - Top Three Benefits of Outsourcing Database Administration Services
Data is the lifeblood of the Energy Industry. From managing data for exploration and production to optimizing grid operations, data plays a crucial role in making informed decisions, ensuring regulatory compliance, and improving overall efficiency. Maintaining a robust and secure database infrastructure can be a complex and resource-intensive task. In this blog, we’ll explore the Energy Industry’s top three benefits of outsourcing database administration services.
Cost Savings and Resource Efficiency: One of the most significant advantages of outsourcing database administration services in the energy industry is the potential for cost savings and resource efficiency. Building and maintaining an in-house team requires significant investments in hiring, training, and retaining skilled personnel. Additionally, there are ongoing costs related to salaries, benefits, and infrastructure.
Outsourcing allows energy companies to access a team of experienced professionals without the burden of full-time, in-house employment costs. Service providers like MiCORE provide specialized expertise in database management including database design, optimization, security, and maintenance. This expertise helps energy companies avoid costly errors, reduce downtime, and ensure data integrity. Moreover, providers often offer customized pricing models which further optimizes costs.
Enhanced Database Performance and Security: Downtime or data breaches can have severe consequences including disrupting daily operations and compromising sensitive information. Outsourcing database administration services can significantly enhance database performance and security.
MiCORE’s experienced database administrators (DBAs) are well-versed in industry best practices and can implement advanced monitoring and optimization techniques. They proactively identify and address potential issues, ensuring databases run smoothly and efficiently. Moreover, outsourcing providers often have access to the latest technology and security tools, helping energy companies stay ahead of potential threats and vulnerabilities.
By outsourcing database administration, energy companies will also benefit from 24/7 monitoring, support, and troubleshooting ensuring that any issues are promptly addressed and minimizing the risk of costly downtime or data loss.
Focus on Core Competencies: Highly competitive and constantly evolving energy companies need to focus on their core competencies – exploration, production, and distribution. Managing an in-house database administration team can divert valuable resources and attention away from these core activities.
Outsourcing database administration services allows the responsibility of database management to be delegated to the experts. Thus, freeing up internal resources to concentrate on strategic initiatives. This focus on core competencies can lead to increased productivity, agility, and the ability to adapt to changing market conditions more effectively.
How MiCORE Can Help: In the world of data-driven manufacturing, supply chain resilience hinges on efficient data management. MiCORE Solutions plays a pivotal role in ensuring that manufacturers have the robust infrastructure needed to support their data-driven strategies. From designing scalable databases to ensuring data security, continuous monitoring, and disaster recovery, MiCORE Solutions empowers manufacturers to make informed decisions, optimize operations, and swiftly adapt to disruptions. By partnering with MiCORE Solutions, data-driven manufacturers can not only survive but thrive in an increasingly competitive and uncertain business landscape.
For over 15 years, MiCORE Solutions has provided specialized database and cloud infrastructure managed support services for Oracle, Microsoft SQL Server, major open-source databases (MySQL, PostgresSQL, MariaDB), and AWS databases. MiCORE provides database cloud architecture, migration, and management across AWS, Azure, and Oracle Cloud. At MiCORE Solutions, we leverage our deep expertise and best practices, along with the latest cloud and database management technologies to help our clients transform, modernize, and maintain their critical data. We are committed to supporting our clients’ requirements by delivering cost effective, high quality, and reliable solutions that help drive innovation and maximize return on IT investments.