A database meets different business objectives: Keeping a history of the relationship with your current and past customers, running marketing campaigns, categorizing your contacts, establishing business objectives, knowing and monitoring your competition, obtaining performance data, etc.
Having your database software up-to-date is essential so that all of these functionalities comply with their objectives and contribute to the success of your business. Outdated databases are also vulnerable and can affect the organizations and the people who were involved in the breach.
1. Vulnerability Issues
Databases are one of the most vulnerable systems to cyberattacks, as it is easiest to get into through networks. If your organization fails to upgrade their databases as regularly, you are leaving an opening for hackers to enter and steal information. To prevent this from happening, it is essential to have current security fixes in place, since most upgrades for databases come with the latest security protection.
The only way to protect data is to make sure your database is updated on a regular basis. Keep in mind that database upgrades are only available during the premier support period. Once this time frame is over, extended support must be paid to go on with the updates.
2. New Data Types and Sources
Businesses must bring the data that’s outside their organization together with what already exists. Nevertheless, this process presents a new set of development and deployment challenges that needs to provide the flexibility to serve, seize, collect, and process a wide range of information types from different sources. Your organization requires a database that can serve data when and how it is needed, and capture exactly what is happening at any moment in time.
3. Internal Errors and Bugs
Having an outdated database means facing the enormous difficulty to troubleshoot, as professionals often prefer using the latest versions as soon as they are released. Upgrading a database means that internal issues and other technical problems can be identified and resolved as quickly as possible, thereby reducing downtime.
4. Increased Costs
Upgrades come with features that help organizations save money. So if you believe that your costs have skyrocketed in the last few years, it’s time to think about upgrading. Usually, an upgraded database can take on more storage and operations than previous versions. As it might also replace other software and hardware, an updated database will reduce the costs of your company.
Hardware and software associated with the database are optimized as well, which enables users to do more in less time, lowering considerable employee costs.
The way organizations depend on data is deepening with every day. This resource is increasing, with more types and sources than ever before, presenting opportunities and challenges. That’s why it’s crucial to have a database that addresses these needs. If your database doesn’t measure up, now is the time to upgrade.
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