Data-driven innovation and digital trade are central to the global economy. As organizations harness data, they must also address the ever-evolving challenges of data residency, the regulations which gained traction starting around a decade ago. In data residency, the data is stored and managed in compliance with the laws and regulations of the jurisdiction where it is located, and it’s never been more important given the industry’s focus on data privacy, security, and transparency.
It is important to understand that data security and data residency are complementary to each other, as they are different facets of data management. Data residency refers to the physical or geographical location where data is stored, whereas data security refers to securing and protecting data from unauthorized access, breaches, or other forms of data compromise. Enterprises need to implement robust data security measures regardless of where the data physically resides.
In this white paper, we’ll delve into the importance of data residency, the aspects of the analytical systems required, and the factors business leaders, CIOs and enterprise data architects must consider as they plan their data residency strategies.
