As the world of technology in business continues to boom, companies all across the globe are reassessing their data storage needs. Information such as client data, proprietary details of your organization, and general day-to-day operational information must be stored securely and in a way that is accessible when you need it. However, there are different options now – colocation vs. on-premise data storage vs. even cloud storage – for exactly how to control your data, and if you’re not picking the option that best suits your needs, then you could be hurting your business, rather than empowering it.

The main ways in which a company can process all of its information are through colocation vs. on-premise data storage. Like many business decisions we’re faced with, there are pros and cons to both. What works best is entirely dependent on what you and your business needs.

Pros Of Colocation

Colocation is a growing answer to data storage that many companies are now utilizing. This is an off-site facility where a third-party data provider hosts your system in their facility, and provides the space needed.

All you need to do is provide the equipment, and the host will fully control your assets. They will provide the power and security. These third-party colocation providers often charge businesses on a monthly or annual basis.

There are several pros for choosing this method. These include:

●  Because housing data is their particular specialty, these facilities often have extremely advanced systems for data security, equipment optimization, regulatory compliance and more. 

●  It’s off-site which can provide more room for your company or alleviate the stress of finding a storage facility that suits your needs.

●  As tech is ever-changing, colocation data providers keep up with technology, ensuring that you don’t fall behind. This also means that your staff aren’t bogged down with data storage, and can spend that time on business tasks instead. 

Cons Of Colocation

Colocation data centers offer a lot in terms of relieving stress for you and your company. However, there are cons to choosing this route as well. 

●  If you’re operating on a tight budget, the start-up costs can be expensive. Purchasing equipment, moving everything to an off-site facility, and maintaining up-time for your business during the process are considerations. 

●  Colocated data centers are, in a sense, a vendor that your business uses rather than you operating directly. Therefore, the location and the operations are dictated more so by the data center than your team directly.

Pros Of On-Premise Data Centers

Having an on-premise data center is pretty much how it sounds. You store all of your data, and your team is in complete control of everything. This solution can be beneficial to many businesses, but it can hurt others. This entirely depends on how much storage you need for your data, and how many employees you have to ensure that it runs smoothly, and stays protected.

● With full-control over your data, it allows you to have access at all times, and make necessary changes when needed.

●  The location can be wherever you want. 

●  Useful for companies with specific regulatory requirements who need to directly oversee compliance 

Cons Of On-Premise Data Centers

Having full control of your data is great for those who understand all of the up-keep that’s necessary to ensure proper security and management. However, for those who don’t, you could find yourself in a less than ideal position.

●  Upfront payments of all additions. If you’re operating on a tight budget, the cost of repairs and updates can often be high.

●  Responsible for all troubleshooting and keeping technology up-to-date 

●  The potential to operate a defective, and inefficient system due to budget costs.

Cons Of On-Premise Data Centers

The better option depends entirely on you and your company’s needs. If you have the money, time, and staff to devote to an on-premise data center, this might be the best option for you. However, if you’re growing fast, or don’t have the time and budget to devote to an on-premise location, rather than storing and processing data safely, colocation might offer the security and stability that you need. If you need help fine tuning the details, Rack 59 Data Center can help you with that today.