#Industry News
Database Licenses Drive IT Costs in the Manufacturing Industry to Record Levels
The manufacturing industry is facing a massive challenge: the amount of database data that needs to be archived is growing exponentially.
According to a recent study by Telescope Advisory Partners, the annual volume of data is expected to increase 90-fold from 2010 to 2025. In particular, the long-term archiving of quality data from database systems—which often must be retained for decades—is significantly driving up costs.
* Millions Spent on Database Licenses
The situation is critical for many companies: licensing costs alone for the database systems storing historical data consume six-figure or even million-euro amounts annually. These data are rarely accessed but must be retained for compliance reasons. Additional burdens on IT budgets come from server, maintenance, and administration costs.
* Massive Data Volumes in Manufacturing
The scale in the manufacturing industry is immense: one example from the automotive sector shows that a single plant archived over 670 million records in February alone. These data often have to be stored for 30 years or more—a requirement that leads to enormous costs when using traditional database systems.
* Inefficient Access to Historical Data
Accessing archived data for audits or product liability cases is often problematic: retrieving information from old database systems is complex and resource-intensive. Although the data still resides in the databases, querying it ties up valuable IT resources and incurs additional costs.
* Innovative Solution for Database Archiving
With the CHRONOS database archiving solution from CSP—an industry benchmark for years—the manufacturing sector now has a mature alternative. The core of the software is its vendor-independent archiving and adaptability. CHRONOS extracts data directly from the database and converts it into a long-term secure format. This not only drastically reduces overall costs for licenses, storage, and servers but also enables quick access to archived data—without the need for an active database.
Book a Free Demo Now and Discover How CHRONOS Can Benefit Your Company: https://csp-chronos.com/request-demo/