In December 2023, Magazine Luiza announced one of its biggest launches: Magalu Cloud, the first and only cloud service headquartered in Brazil.
The announcement sparked curiosity about the company’s goals in launching its own cloud, given that the cloud services used in Brazil are typically headquartered in the United States, China or Europe.
One of the highlights of the presentation was Magalu’s intention to foster technological innovation in Brazil, capitalizing on the local currency in a growing market. The company also aims to offer an affordable cloud service, encouraging wider adoption across the country.
The initial focus is on small and mid-size businesses, encouraging them to adopt Magalu Cloud for their digitalization and take advantage of paying for the service in local currency.
The launch of Magalu Cloud has rekindled discussions about data democratization and the benefits of multi-cloud, especially given the trend of migrating data across different storage systems and the savings achieved by using multiple platforms.
What Are Data Democratization and Multi-Cloud?
Data democratization and multi-cloud raise common questions, including unfounded fears that they could compromise security.
In reality, data democratization is a key concept in the digital age: making data available and easily accessible to everyone in an organization. It enables people at every level and with varying technical skills to use data in their decisions.
Multi-cloud, meanwhile, is the strategy of using cloud services from multiple providers to host applications and IT infrastructure.
How Do These IT Strategies Benefit Companies?
Combining data democratization with multi-cloud is a source of innovation for many companies. It lets employees access a wide range of data and use cloud-based tools for analysis and interpretation, improving the speed and accuracy of decisions and fostering collaboration across departments.
For mid-size and large companies, data democratization aims to break down traditional barriers, giving business units beyond IT and Sales access to critical data.
However, growing data volumes require scalable storage, making multi-cloud a natural way to save resources and organize information.
For companies, this means unprecedented flexibility to choose solutions that meet specific needs for cost, performance, security or regulatory compliance. A multi-cloud approach also increases business resilience by reducing dependence on a single vendor and mitigating risk.
This is where Magalu Cloud positions itself, making it easier to store information in Brazil and simplifying the procurement of these services.
How Can You Manage Information Efficiently?
To manage information efficiently in modern enterprise environments, a platform like Starburst stands out. It not only manages data access and organization to ensure security and accessibility but also excels at managing multi-cloud environments efficiently. Starburst enables technology teams to distribute data volumes strategically across different clouds.
With 93% of users rating its technical support as excellent and 92% confirming that the platform meets all technical requirements, according to a survey by US-based G2 covering multiple platforms, Starburst goes beyond simple data allocation. It helps democratize data within organizations, ensuring data is secure, accessible and useful to the whole team, promoting effective data governance and informed decision-making.
For companies looking to expand their cloud use cost-effectively, Starburst is an ideal solution. The platform offers an effective way to manage costs while maintaining efficient, secure data management. Contact Digiage to discover how Starburst can benefit your business.