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Drawbacks of outsourcing Big data

Latest reply: Mar 5, 2022 13:21:57 1400 110 52 0 0

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Outsourcing big data administration and evaluation can help you get the most out of this priceless resource. Prior making a selection, though, there are a few potential drawbacks to ponder. The following are few of them.



  • Control Issues


    You give up some control around your big data when you outsource it. You can no longer have access, administer, or evaluate it instantaneously. 


    It's due to the fact that you are no longer interfacing with the raw data but rather are dependent on others to do so. If the outsourced company screws up or fails to execute orders correctly, the company that employs them may suffer unfavorable effects.



  • Knowledge erasure


    Enterprises must evaluate how to keep their system's talent and knowledge throughout time. They must implement innovative methods of functioning and enlist the aid of partners to do this.


    If they solely rely on outsourcing, they risk becoming future hostages of the outsourcing firm.



  • New concerns about security and privacy have emerged


    A further major risk is data security and privacy, as external vendor partners may have access to sensitive information.


    Working with the data privacy officer is critical to ensuring that data sharing does not break any of the latest privacy standards, which the vendor may not be aware of.



  • Vendor dependancy 


    When you outsource your big data to a particular vendor, you could become dependent on that vendor's services. Should you decide to change providers afterwards, you may have to go through a time-consuming and costly data transfer procedure.



  • Assuring domain expertise


    Big data outsourcing companies come in a variety of shapes and sizes. It's critical to discover someone with experience in a given vertical as well as data processing tool sets. Just because a company has perfected data science doesn't mean they'll be able to clean your data effectively. 


    Data reflects business processes, but corporations frequently outsource it to pure-play technology firms that may lack the necessary business context. This frequently results in data quality difficulties.



  • Lack of Flexibility.


    If your requirements evolve over time, you might discover that current provider isn't really adaptable to your expectations. Although a few companies provide a comprehensive service model, you might well be subject to additional charges as well as other unanticipated expenditures.



  • Insufficient context


    A shortage of a talent pipeline is another disadvantage. Many data scientists begin their careers in data management, which enables them grasp business intricacies. 


    If the organization relies solely on partners for data initiatives, it risks creating a skills shortage for more advanced business analysis in the long run. There are ways to limit this risk, but businesses must prepare ahead of time.



  • Regulation Issues


    Your provider may be subject to different laws and regulations than your company if it is headquartered in another country. If you have to keep particular archives or data for a set amount of time, this could be an issue.



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faysalji
Moderator Author Created Feb 8, 2022 05:15:37

Thanks for sharing
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smileymind
smileymind Created Feb 10, 2022 08:43:36 (0) (0)
 
user_4358465
user_4358465 Created Feb 28, 2022 04:53:05 (0) (0)
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zaheernew
MVE Author Created Feb 8, 2022 06:07:48

Useful info
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smileymind
smileymind Created Feb 10, 2022 08:43:44 (0) (0)
 
zaheernew
zaheernew Reply smileymind  Created Feb 10, 2022 10:25:39 (0) (0)
 
user_4358465
user_4358465 Created Feb 28, 2022 04:53:14 (0) (0)
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Unicef
MVE Created Feb 8, 2022 06:24:08

Very useful one
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Ayeshaali
Ayeshaali Created Feb 9, 2022 16:32:50 (0) (0)
 
user_4495775
user_4495775 Created Feb 10, 2022 08:44:11 (0) (0)
 
user_4358465
user_4358465 Reply user_4495775  Created Feb 28, 2022 04:53:23 (0) (0)
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SamB
Moderator Created Feb 8, 2022 09:59:33

thank you for sharing
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GhaziAsad
GhaziAsad Created Feb 9, 2022 16:32:25 (0) (0)
 
user_4495775
user_4495775 Created Feb 10, 2022 08:44:21 (0) (0)
 
user_4358465
user_4358465 Reply user_4495775  Created Feb 28, 2022 04:53:36 (0) (0)
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amr_rashedy
MVE Author Created Feb 8, 2022 12:08:03

Thanks for sharing
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user_4358465
user_4358465 Created Feb 28, 2022 04:53:43 (0) (0)
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Anno7
Moderator Author Created Feb 9, 2022 04:37:06

very detail n nice article
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user_4358465
user_4358465 Created Feb 28, 2022 04:53:49 (0) (0)
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Saqibaz
Created Feb 9, 2022 10:49:26

Thanks for Sharing
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user_4358465
user_4358465 Created Feb 28, 2022 04:53:58 (0) (0)
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Faridrami
Created Feb 9, 2022 16:24:15

Thanks for sharing
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user_4358465
user_4358465 Created Feb 28, 2022 04:54:04 (0) (0)
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GhaziAsad
Created Feb 9, 2022 16:32:30

thank you for sharing
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user_4358465
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