Businesses are constantly seeking ways to efficiently manage and leverage their data. One emerging solution that has gained significant attention is the business data fabric.
This data management architecture focuses on delivering an integrated, semantically-rich data layer over underlying data landscapes to provide seamless and scalable access to data without duplication. It differs from a standard data fabric in that it keeps the business context and logic intact.
A business data fabric provides a number of benefits including enhanced data accessibility and agility, improved data governance and security, and accelerated data analytics and insights. Let’s take a closer look at the real-world value of each.
1. Enhanced Data Accessibility and Agility
Traditionally, businesses struggle with data silos, where information is scattered across different systems and departments, making it difficult to access and analyze. With a business data fabric, organizations can seamlessly connect and integrate disparate data sources, breaking down these silos and providing a unified view of the data.
Real-world value: Bring supply chain data into your data analytics platform without data duplication. With the elimination of data silos, you’re better prepared to use predictive analytics to proactively manage supply chain disruptions.
2. Improved Data Governance and Security
Data governance and security are critical concerns for businesses, especially in an era of increasing data privacy regulations and cyber threats. A business data fabric provides a centralized framework for managing and governing data across the entire organization. It allows businesses to define and enforce data policies, ensuring compliance with regulatory requirements and internal data governance standards.
Real-world value: Better ensure that marketing data related to campaign performance in different locations is viewable only in the appropriate regions, such as making European data available to a German data analyst but not to a U.S. data analyst.
3. Accelerated Data Analytics and Insights
Data analytics is at the heart of driving business growth and innovation. A business data fabric acts as a foundation for advanced analytics, enabling organizations to leverage their data to gain valuable insights. By integrating various data sources and analytics tools, a business data fabric simplifies the process of data preparation, cleansing, and transformation, reducing the time and effort required for analysis.
Real-world value: Instead of losing critical signals in your supply chain data when performing analytics – such as the changes in customer behavior and current rates – maintain this context to keep your data products business-ready.
Join us and learn from leading experts
By adopting a data fabric architecture, organizations can unlock the full potential of their data, driving innovation, improving operational efficiency, and gaining a competitive edge in the market.
Join us on October 12, 2023, at 1:00 PM ET for a complimentary webcast, Why A Business Data Fabric and How to Make it a Reality to learn more.
