Developer data platforms (DDPs) have been essential for modern-day business operations for quite a while now. Even as new technologies get introduced, their importance only becomes more pronounced.
Right now, we are seeing strides in artificial intelligence and blockchain. Ethereum continues to see exponential growth along with trends focusing on scalability and interoperability. These aren’t just buzzwords that are permeating the tech sphere. They are focal points that are becoming undeniable trajectories for every industry, especially after the rapid digitalization that happened post-pandemic.
In this era of growth, DDPs play a crucial role in the ecosystem of data-based progress. Statista’s research reveals that global data creation will likely exceed 180 zettabytes by 2025. With such high-speed advancement underway, it’s worth looking into the top benefits of DDPs for developers and businesses.
1. Lower Data Costs
In general, it costs quite a bit to store and process data. This has become a larger problem over time because of the explosive rise in the volume of data. The need for sustainable systems and infrastructures cannot be denied when 328.77 million terabytes of data are created each day. So many enterprise structures rely on the ability to maintain databases, and even the average user on the internet produces a little under two megabytes every second.
MongoDB’s developer data platform was created for the distinct purpose of moving and reorganizing data across different systems at a lower cost. This implementation is meant to lower both operational and integration costs as data velocity continues to become more formidable. Because of how much valuable and sensitive data is handled, there is a need for better compression and cross-platform resources without sacrificing security and stability.
Basically, the multi-cloud nature of a DDP allows developers to work with data using a unified model that can cut down on time and minimize the margin of error.
2. More Effective Data Integration
Data integration is basically the process of bringing together data from different sources and enabling them to work in one system. With data coming from various applications, databases, and systems, a DDP makes it possible to have a unified view. This interactivity is essential for M2M data, enterprise data, and more.
It’s almost unfathomable how many sources of data there are now, what with the Internet of Things (IoT), various software across industries, the expansion of CRM, and huge swaths of web traffic throughout the globe. DDPs serve as a more robust form of a data lake. Its power really comes in streamlining the development process, making collaboration much easier, and improving risk management.
The benefit also lies in the flexibility of the frameworks and schemas in DDPs. With this, data from disparate sources and formats can easily be integrated without having to undergo extensive manipulation. It saves time and also helps developers who aim to build on the existing data without disrupting any established parameters that need to remain.
3. Greater Innovative Potential
Finally, the best advantage to DDPs is their potential for driving innovation. We already live in exciting times with tech that seemed impossible to deploy only a decade ago. With DDPs including broad support for vast workloads, demands, and varying models, it seems like new architectures are being built for freedom. Naturally, that flexibility can lead to more experimentation that can introduce further improvements.
Just look at the forecast for Progressive Web Apps (PWAs). Experts are touting them as the future of web development, with expectations of real-time sync, cross-device compatibility, and no more downloads. As offline functionality, platform independence, and easier distribution become the name of the game, DDPs rise to the top as a pillar in enabling these features. Fully managed platforms are already being built for the burgeoning Web3 boom, so developers will have exactly what they need to innovate and scale applications.
Conclusion
There’s no doubt that developer data platforms are staples in the developer’s tool kit. As data continues to break ground and digital transformation only looks to reach more unprecedented heights, it will be interesting to see how DDPs adapt. Regardless of the pipeline, it’s certain that their benefits will be felt for years to come.