EDGE OSDEFINITION
Data residency relates to the geographical location where data sits. Within Governments/industries/businesses there can be requirements for where certain data needs to be stored. This can be for personal information, financial information or business information. Data residency is different to Data sovereignty and data localization. It is about data location and data sovereignty relates to laws and Data localization can require data to be stored within a certain region.
Importance
- Compliance – Can help businesses comply with geographical data requirements.
- Data Protection – Allows appropriate controls for sensitive information.
- Risk Management – Can help understand risks regarding where data is stored.
- Cloud Strategy – Can impact cloud region choices.
- Customer Trust – Can help show businesses are taking care of their data.
Use Cases
- Choosing which cloud regions are used for applications that deal with personal data.
- Storing financial/healthcare information based on the requirements.
- Keeping customer data for international businesses.
- Assessing enterprise AI platforms to see if they have regional data storage.
- Creating infrastructure for businesses in varying regions.
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