Hackathon Mack
Hackathon Mack
Student Name :
MACKULIN.R
Register number : 71772213126
Institution : Government College Of
Technology,Coimbatore.
Department :
Electrical and electronics engineering (EEE)
Date of Submission : 05.11.2024
Problem Summary:
The company’s data storage infrastructure is struggling to keep up with modern data
needs. Major issues include limited scalability, which restricts the ability to grow with
increased data volumes, and high costs associated with maintaining on-premises
storage. Slow data retrieval times are also a concern, impacting the efficiency of
business operations and reducing customer satisfaction. These challenges hinder the
company's ability
to leverage data effectively, affecting decision-making and overall competitiveness.
Business Goals:
To resolve these issues, the company’s primary goals for a revamped data storage
solution are:
Enhanced Data Accessibility: Speed up data retrieval and make data readily available
to teams and applications that need it.
Improved Scalability: Enable the storage solution to grow alongside data volumes
without a significant increase in management overhead.
Enhanced Security: Ensure that data is stored securely, minimizing risks related to
breaches or unauthorized access.
Cost Reduction: Shift to a model that reduces operational costs over time, allowing the
company to optimize its spending on storage.
Objectives :
To achieve the above goals, the solution needs to address the following:
Faster Data Retrieval: Utilize low-latency storage options for critical data.
Cost Efficiency: Choose cost-effective storage solutions for different data types (e.g.,
archiving older data).
Compliance and Security: Meet industry standards for data security and compliance,
with proactive monitoring and encryption.
2. Proposed Solution
2.1 Solution
Overview
This solution proposes a comprehensive, cloud-based storage architecture on Oracle
Cloud Infrastructure (OCI), leveraging various modules to address the company’s
storage needs:
OCI Object Storage: Ideal for storing large, unstructured data and archival data with
scalability.
OCI Block Volumes: Suitable for low-latency applications that require high-
performance storage.
OCI File Storage: Great for workloads requiring file-based data access and shared data
across applications.
Map Data to Storage Types: Assign critical data to low-latency block storage, long-
term data to object storage, and shared data to file storage.
• Description: Multi-region data replication ensures that data is available even in case
of regional outages, while automated backup and disaster recovery reduce potential
data loss.
• Importance: This setup enhances business continuity, allowing the company to
maintain operations even during unexpected failures.
• Description: OCI’s built-in security tools, including encryption, access control, and
compliance monitoring, meet regulatory requirements and protect sensitive data.
• Importance: Strong security features reduce the risk of data breaches, helping the
company comply with regulations like GDPR or HIPAA and maintain customer trust.
4. Expected
Outcomes and Benefits
Enhanced Data Accessibility: Faster access to data translates to better service delivery,
as teams can make data-driven decisions in real .
Scalability and Agility: With an architecture that scales automatically, the company is
well-prepared for future growth without needing significant adjustments to its storage
setup.
Improved Decision-Making: With improved data accessibility, teams can base their
decisions on timely and accurate data, leading to increased business agility.
Access Controls and Monitoring: Ensures only authorized users can access sensitive
data, with real-time alerts for potential breaches.
5. Conclusion
This cloud-based data storage solution effectively modernizes the company’s
data management. Leveraging OCI’s flexibility and scalability, it enhances data
accessibility,
ensures data protection, and reduces costs, aligning perfectly with the company’s
business goals. Cloud storage meets the company's modern storage needs by providing
a flexible, scalable, and secure solution that supports current and future growth.
6. References
• Gartner Report on “Key Trends in Cloud Data Management for 2024.”
• Case studies from Oracle or other industry leaders demonstrating successful data
modernization projects on OCI, highlighting the business benefits achieved
through scalability, cost savings, and enhanced security.