Risks and Cost of Database

Data storage in well organized manner is done by Database but this is not an easy process. It is a very complex process and having high risk to maintain. The Cost management is also required to manage the database cost effectively. So These two factors are very important in terms of Database System. Let us Discuss about the Risks and Cost of Database-

1. Hiring of Trained or Specialized Personnel 

As we know that every organization have some experts who are responsible to maintain the Database of the Organization and at the same time organization is also responsible to hire such trained Employees who can manage the organizational database efficiently. In the hiring process the organization also checks the hired employee must be updated and having the knowledge of current database technology so that if database upgradation is required than no problem will be encountered.

2. Database Installation & its Management costs

The installation of database is required at appropriate drive where the large memory exist and also install the database at the right platform. If we wrongly select platform than installation is not possible for Database System. After Installation of Database in Correct platform there is also need to manage it correctly and accurately and for this kind of management some costs will be used for either operator or person who install or manage it. We know that every software has some cost similarly database software, its installation and its management will take some more cost. The Hardware cost is also required if we install Database on some hardware system. 

3. Technology Conversion Costs 

We know that Database server uses different technologies and the organization try to move on new technology but the database which is designed in old technology like file system can not easily moved towards new technology it takes time and the process of database conversion between technology needs some costs. This cost is called the Database or technology upgradation costs.

4. Organizational Conflictions

There are number of organization which are working together or sharing same database but this generate confliction between these organizations like how data will be store or  manage and who will take this responsibility. Some other cases also exist to create confliction like which data definition is up to the mark, how data will be organized, which technology will be preferred to store the data etc.

5. Requirement of Explicit Database backup and Recovery 

Backup and Recovery is really helpful when server failure or hard disk failure occurred and that moment if we have backup than we can restore our data by using  recovery process. But if we do not have backup and Recovery option than we can not get our data back after loosing it.

6. Complexity of Database System 

Database storage is not an easy step it is complex process that work in background and of course this complexity is not understandable by normal user hence there is also requirement of an expert person or developer who can manage and store the data without any problem.

Risks and Cost of Database