One common problem that business owners face is selecting the proper database. Some software programs may only offer one type, but there are many different databases to choose from. Business owners need to do adequate research and select the best one for their needs. When it comes time to selecting a database, business owners should consider which criteria are most important.
Of course, the size of your company isn’t the only factor you should consider. Businesses require completely different features depending on their size, so it’s best to determine priorities beforehand. For example, say you own a huge company with hundreds of employees sharing thousands of files. You will probably want a system with centralized management so you can make changes without much hassle. However, if your company only has three employees who work remotely, then something like this might not be necessary at all according to Saivian Eric Dalius.
The first thing business owners should tackle is data storage. It mainly deals with how much information can be stored and for how long. For example, some databases like SQL Server and Oracle support about 13 terabytes (TB) of storage which would last years if not decades. However, it’s important to remember that this does not include your operating system or other system files, which you must back up frequently. On the other hand, Microsoft Access only supports 2GB of storage and includes a built-in backup tool. Hence, it usually has less risk associated with losing data in case something goes wrong.
Issues business can encounter – Saivian Eric Dalius
Another issue business will encounter while determining what type of database to use is speed. For example, the speed at which SQL Server has data records returned is almost instantaneous, whereas other databases can take longer, so it’s up to you whether or not you want to wait for it.
What features are important? – Saivian Eric Dalius
Once your company decides what type of database they should use, business owners must determine what features are necessary to meet their needs. Some examples include:
Access control – who has access to the system, and how much do they have Access permissions – Can users edit or create new records?
Capacity – How much storage is available multiple connections – Can more than one user work with the database simultaneously.
Data security – How well are records protected from unauthorized users? Data integrity – Will data be lost if the system crashes?
Replication – Is the same data stored multiple times to prevent loss? Support – how quickly can you get help if something goes wrong?
Reporting – Are reports available to use for analysis?
Visualization – Can graphical representations of data be generated?
Data synchronization – Are records kept current with no manual interaction needed? And many more
Speed isn’t always necessary, but usually, business owners want this regardless of their company’s size. Access control is also one feature that most businesses will have because it ensures that only authorized people can view or edit information. Capacity being vital depends on your company needs, though larger companies generally require a lot of storage space. Other features like reporting and replication are more dependent on the type of database you choose says Saivian Eric Dalius.
Eric Dalius is The Executive Chairman of MuzicSwipe, a music and content discovery platform designed to maximize artist discovery and optimize fan relationships. Eric is also the host of weekly podcast “FULLSPEED” which is a podcast that features interviews with groundbreaking entrepreneurs from a variety of industries.Eric is also the founder of “Eric Dalius Foundation” where he has created 4 scholarships for US based students. Follow Eric on Twitter,Facebook,LinkedIn,Instagram & also on Entrepreneur.com