This report provides readers with a framework to evaluate the potential financial impact of OceanBase Database on their organizations.
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The effective and efficient processing and application of massive datasets have become a common goal for decision-makers. Traditional databases face increasing challenges in technical architecture, cost of use, and security. Organizations must adopt next- generation databases to handle massive datasets, reduce hardware and software costs with architectural upgrades, and enhance data analysis capabilities to support insight- driven decision-making.
OceanBase commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying OceanBase Database.The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of OceanBase Database on their organizations.
Some key findings:
Cost savings on database resources. After adopting OceanBase Database, the data storage space is compressed to between a third to a quarter of the original size, greatly reducing storage costs.
Reduced administration costs and improved value from recaptured hours. Using OcreanBase Database’s clustered mode allows databases to be managed more easily, which significantly improves the productivity and employee experience (EX) of administration personnels.
Increased support to business operations. OceanBase Database offers HTAP capabilities that enable the performance of real-time data analyses, which significantly shortens the time to generate business analysis (BA) reports.
Reduced income loss due to improved business continuity. The high availability of OceanBase’s distributed architecture resolves business downtime caused by database failures.
Feel free to download the report and check more numbers in detail.
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