Is Your Governance
Persona Holding You Back?
Data governance is becoming a must-have for organisations that want to transform their data into measurable business outcomes. This involves ensuring the availability, usability, integrity, and security of data. Good data governance is the key factor...
Why ChurnRate Matters for Your Business
If you're running a business, you need to keep an eye on the churn rate. Churn rate refers to the percentage of customers who stop using your product or service within a certain period and is a crucial indicator for business growth. It impacts financial metrics like recurring revenue, customer lifetime value, and customer acquisition cost. The churn rate is calculated by dividing the number of cus...
Breaking Down Data Silos
Effective communication, both internal and external, is crucial to the success of any business. That is why data silos can pose a significant problem. While silos may be useful for storing grain on a farm, data silos prevent businesses from communica...
DataAnalytics and SaaS trends to watch in 2023
As we enter the new year, it is exciting to see what data analytics and SaaS trends will emerge and shape the industry in the time to come. Data analytics is an essential part of many businesses, and businesses are increasingly relying on data collection and analysis to make informed decisions and improve day-to-day operations. In 2023 we can expect to see several key trends transform the way busi...
The Value of Data Driven Decision Making
Many organizations have realized how important data is in decision-making. The fast-growing technology industry has led to an increased use of technology in companies, and an increasing competition and pressure to keep up with the trend. In a survey ...
Future-Proofing With SaaS
In business today, there is an increased need for flexible and reliable technologies to power day-to-day operations. Events are happening, both internally and externally, that are putting businesses to the test, and the pandemic is just one example of a disruptive event that can lead to serious implications. As organizations work to prepare for the next inevitable disruption, SaaS applications bec...
How Businesses Can Improve Data Quality
High data quality is when the data is well-suited to serve its purpose. Centralizing the data makes it more usable and ensures that everyone is working with the same dataset, processes and requirements. Having data accessible to employees in differen...
Everything you need to know about SaaS
Software as a Service (SaaS), is a cloud-based service that offers a lot of benefits in the interest of both suppliers and users. There is a distinct contrast between SaaS and an on-premise software, one of the biggest selling points of Saas being the lack of initial investment required to use it. Because SaaS run in the cloud, it's mobile-friendly and can be used among a range of business applica...
Advantages of an EnterpriseData Fabric
Nowadays, companies are looking for a way to effectively coordinate services with partners, suppliers and customers. A Data Fabric will help ensure data accuracy and consistency, and because most organizations have multiple database technologies and ...
Inter-
operability:Challenges, Solutions and Examples
Many health systems are like mazes of data. Because they are not interconnected, they fail to ensure the level of care and cost efficiency they can potentially provide, which is why interoperability is now in the spotlight. Semantic interoperability in health systems can leverage data in a standardized way as they break down and share information. For example, two systems can recognize terminology...
Unlocking the Value of Data
Data Fabric has emerged as a leading solution for managing and integrating data. It does this by creating a “fabric” of data across multiple data stores and systems, which leads to companies saving costs and time. This fabric allows everyone, from th...
A Proactive Approach to Data Quality
There is a collective understanding that there is a Data Quality problem, but the response is often learning to live with it. Thirty percent of our data is unusable in its current form, and the solution for many companies is to discard it and use what is left to make a decision. Instead, with the right strategies, companies can better manage and use the data for better decision-making. Firstly, it...
Gain CompetitiveAdvantage with MDM
Master Data Management is the foundation for organizational success and the principles presented in this article are the core to that advancement. With a good MDM program companies can increase customer satisfaction and significantly decrease the tim...
Automation is Key
Today, the challenge companies face is to win against the ticking clock and divert human intelligence to real tasks that add value. With the intensified volume of data and its impact on the analytics infrastructure, companies look for integration solutions that limit human intervention, automate data management and give access to qualitative & trustworthy data. With Data fabrics you can create...
Top Trends for Data Fabric Adoption
Last year was a defining year for many technologies, including Data Fabrics, and we can expect to see a lot of action in terms of upgrades and adoption in the time ahead. A Data Fabric is an architecture that gives us the visibility of data and the a...
Data: an Enterprise- Wide Opportunity
This article presents seven trends that will shape data in the near future, one of them being the growth of Cloud-Based Data Infrastructure and Platforms. With the increasing amount of data available, cloud-based data infrastructure solutions are helping organizations scale. There’s a huge amount of value in the data. In fact, that data is gold, but there is still a belief that data quality is som...
Successful Data Governance
Data Governance defines roles, responsibilities, and processes for ensuring accountability for and ownership of data assets across the enterprise. Data Governance serves as a function that supports an organization’s overarching Data Management strate...
In a SaaS-Powered World
It’s widely accepted that SaaS is the fastest way to transform your business for significant gains. The problem is that constant SaaS implementations can be disruptive. As vendors are added, security risks ascend. More apps lead to more data silos, and the cloud infrastructure becomes more complex. Companies need to implement SaaS apps at a fast pace without disrupting the business. Read the artic...
Data Governance or Data Management?
There is significant confusion about the similarities and differences between Data Governance and Data Management within organizations. While Data Management focuses on the delivery of information technology-based outcomes, Data Governance focuses on...
SaaS Trends Revolutionizing the Healthcare Industry
Healthcare SaaS comes with significant benefits. With a reliable SaaS platform, healthcare businesses can access the latest technological solutions to improve data security without affecting their budget. SaaS solutions can help enhance your business processes, boost efficiency, establish a secure intranet, and make cooperation much easier. It is also a more affordable way of deploying cloud-based...
Trends in Data Architecture
What role have Data Management and Data Architecture played in data-driven organizations, especially during the beginning of the COVID-19 pandemic? Based on a 2020 survey of almost 300 industry professionals, a number of trends emerged, including ins...
Unifying Data Fabric and Data Management
To stay competitive, data management teams are utilizing data fabric solutions to unify data storage systems, strengthen their network security and privacy measures, and make data more accessible across diffused companies. Data fabrics enable your enterprise to take advantage of all of your data. They enable insights and data sharing unavailable using traditional data management techniques, and th...
BestPractices for Managing a Data Fabric
Managed data is expected to double by 2025, meaning that enterprises are facing a growing challenge. Having a well-structured data fabric and an active management of business is vital in this online world. A data fabric gives the organization advance...
Modernizing Data Governance
Companies are waking up to data architecture being a companywide matter, not just an issue for the chief data officer. With a proper data governance framework, companies can start solving complex data problems and confidently choose the right data architecture to scale their models quickly. The primary value of a data fabric for a disparate data ecosystem is that it unifies its representation, man...
Getting Value from your Data
Cognizant has invited Axel Borge, CEO of Sesam.io, to join them on their Leadership and Innovation podcast and talk about how you can get value from your data. There is nothing in data that gives it quality, and you cannot measure quality from the da...
Priorities of Highly Successful CDOs
Highly successful CDOs share some best practices. Data governance is necessary, but not sufficient on its own. While you do have to continuously improve data quality and do things with better data, you also need to be producing value alongside of that. The top three objectives among the highest performing Chief Data Officers (CDOs) are improving decision-making capability, meeting revenue generati...
Data Quality: Begin with
the end
in mind!
Most organization understand that data represent one of their most important assets, but many focus on managing their data sources without practicing product management. It is easy to get caught up in the technology and activities and lose sight of t...
Data Integration for an evolving future
Data integration is the most important component in leveraging data to achieve enterprise strategic objectives, and the need for an effective data integration framework is at an all-time high. For organizations to successfully leverage data, it needs to be efficiently accessed, combined, governed, and managed- ensuring that the business will not be hamstrung, or worse, tripped up, by limited data ...
The Cost of Poor Quality Data
High quality data decreases the risk of poor business decisions and enhances confidence in your data, but what does it cost you to not maintain your data and let it decay? Among the hidden costs of poor data quality and outdated customer data is wast...
Experiences from data quality projects
Getting to great data quality need not be a blood sport! But there must be a method to the madness, and you need to be persistent and properly involve relevant stakeholders to achieve long lasting improvements. This article aims to provide some practical insights gained from enterprise master data quality projects undertaken within the past ten years. READ THE ARTICLE (10 MIN)
Data Quality is in the eye of the beholder
In this article two butterflies are compared, each representing a common use of data quality: firstly and most commonly in the natural or original position or place for existing systems, and secondly for use in data migration. Butterflies are beautif...
The magic behind Data Fabric
Data fabric is the common “net” that stitches integrated data from multiple data and application sources and delivers it to data consumers. The key differentiator of a data fabric is its reliance on metadata to accomplish this goal. Implementing a data fabric means establishing a metadata-driven architecture capable of delivering integrated enriched data to data consumers. READ THE ARTICLE (3 MIN)
Data Integration
- for a connected future
Satya Nadella’s vision, as presented during the 2021 Microsoft Ignite conference, of a distributed computing is a push foreward for a more connected and established future. Data growth is not going to slow down, and network performance isn’t going to...
Data Fabrics: how it can help you
Data fabrics enrich the data and make it more useful for users. Data fabrics standardize and make data accessible for everyone regardless of their location/position in the company. Read the article to see how data fabric adoption can help your organization! READ THE ARTICLE (5 MIN)
How to decide whether to build, partner or buy
In the minds of every CEO and their executive teams are strategies for achieving growth. Regardless of what your growth goal is you are faced with three options: Build, Buy or Partner. By evaluating a company’s business objectives, strategic driving ...
Data Quality over Quantity
In this digitally transformed economy, data is considered gold, and your company’s success can be measured by the efficiency of the data it possesses. Poor data quality costs businesses trillions of dollars every year, as flawed data reflects the company's authority and accuracy. By optimizing the quality of your data, you give consumers a trust factor when they interact with your company- they ar...
Data fabric to the CEOs: how and why
The importance of data fabric becomes more and more clear, as enterprises need fast answers and the ability to share information with everyone. A data fabric is an integrated layer (fabric) of data, connecting all the data from all its sources and th...
SuccessfulMDM strategies are critical for your business
The global master data management (MDM) market is increasing and expected to reach $27.9 billion by 2025. Robust data management capabilities provide better business decisions, improves operational efficiency and drives superior customer experience (CX). MDM creates a single, consistent and reliable source of master data that you can use for your businesses advantage. Take part in the growing mark...
Why MDM is important
With the explosion of big data and rapid progress of analytics and IoT, consistency of referencing and applying high-quality master data has become crucial. MDM should be an essential part of any company’s data strategy, as well as one of the core mi...
Data Fabric: The foundation of modern data management
When relying on traditional integration, which involves moving data and manually writing code, data scientists and data engineers spend almost 80% of their time wrangling data before any analytics are actually performed. Data fabric is the foundation of the modern data management platform, and can eliminate this burden by enabling augmented data integration and sharing across heterogeneous data so...
Automating with Data Fabric
The fact that data comes from from different data sources typically implies that they have different data semantics, which makes unifying and integrating these datasets a challenge. The semantic differences across the datasets make it hard to incorpo...
How companies can benefitfrom Data Fabric
Becoming a data-driven organization and managing data is harder than ever. Challenges such as lack of data access and complexity of data integration prevent organizations from maximizing value of and fully leveraging data. Data Fabric, one of the top data and analytics technology trends, enables users to access and share data seamlessly, in real-time, regardless of where it is stored. Over all Dat...
MDM in a modernanalyctics era
The technology of master data management has evolved considerably. MDM can facilitate improved data quality, streamline data sharing leading to fewer errors, and reduce redundancy in business processes. With the massive quantity of data generated on ...
Ensure consistency and quality with MDM
Enterprises using a Data Mesh Architecture typically have multiple domains with its own systems and data, which means the data is spread around and multiple versions of the same data might exist. Users can only make the correct decisions if the data they use is consistent and correct. The benefits of Master Data Management is ensured consistency and quality across domains, and that improvements fl...
Data quality in context for data-driven business processes
High data quality will pave the way to a successful business. Data quality is not a single measurement but is directly connected to the business value you will derive from the data. Here are some examples on how to put data quality in context. READ T...
Why Data Fabric is essential for AI driven MDM
With the growth of advanced analytics implementations such as machine learning and other artificial intelligence, organizations will need to update their use of data management to meet the future needs. Metadata-driven data fabric, as highlighted in Gartners report for 2022, feeds into that disruption of data management for AI, using data fabric to listen and act on that metadata, creating continu...
A D&A leader's guide to improve Data Quality
Good data quality provides better customer relationships, better leads and is directly linked to the quality of decision-making. The importance of data quality continues to increase as organizations progressively use data analytics to drive business ...
Cloud-native MDM is the future
Moving or implementing Master Data Management (MDM) on the cloud provides many advantages. More vendors are now offering newer MDM products, based on cloud-native architectures. Cloud-native MDM are perfect for companies managing cloud technologies as these products can offer faster and more scalable deployments that leverage modern cloud dynamic scaling options. READ THE ARTICLE (5 MIN)
SaaS Analytics is catalyzing digital transformation
SaaS Analytics is the process used by SaaS companies to analyze user engagement across all touchpoints, making it possible to share data within a governed framework to establish and maintain data security and integrity. SaaS Analytics is catalyzing d...
Data Fabric for a long-term digitalization strategy
Every organization wants to use data analytics for business advantage. To use analytics well, you need data agility that enables you to easily connect and combine data from any source your company uses. Data fabric contains all the connections and relationships between an organization’s data, offering an opportunity to track, monitor and utilize data. Optimize data value and build a long-term digi...
What modern MDM brings to the table
Data has become more interconnected and interdependent, and Master Data Management has evolved from a simple organizational tool into something that should be thought of as a long-term project that requires constant refining and adjustment. With mult...
Data Quality: The right tool for the right job
As the use of the cloud continues to grow, so does the importance of Data Quality. Data Quality is key for trustworthy, valuable and manageable data, and Data Quality tools can help with just that. Inaccurate data promotes poor decision-making and lower profits, but data quality tools will resolve these issues. There are several types of Data Quality tools on the market. Read the article and find ...
Breaking down the importance of Semantic Inter-operability
The use of data Integration continues to grow, and is now taking up over a third of the average IT department budget. Semantic interoperability is the ability for systems to exchange information with shared meaning using universal standards. Semantic...
The Multi-Dimensional Data Fabric
Not every organization knows everything they need about every cloud in every deployment scenario. The usage of data in modern business has evolved far beyond any mono-dimensional notion of how it used to be applied, into a multi-dimensional Data Fabric. Executives throughout a corporation need access to accurate data, fast, and so organizations need to make their clouds observable and all data act...
Buy or Build a Customer Data Platform?
Creating a single source of truth for customer data and a 360-degree customer view is a complex undertaking. Buying a solution rather than building one streamlines the process. Businesses investing and using agile practices to implement Customer Data...
The Evolution of MDM
As enterprises seek better understanding and more effective engagement with audiences across digital channels, many are working to develop a 360-degree view of customers to meet the business needs of a wider cross-section of the enterprise. The Master Data Management industry is set to more than double over the next five years and understanding this evolution is critical to making effective decisi...
The Journey of Semantic Data Management
Semantic data has relationships, meaning and context, which makes this type of data valuable. For organizations with a command of their data, all this contextual information is available in a flash, but historically, getting this data has been a very...
SaaS Integration Challenges and Benefits
While most organizations prefer real-time interoperability between their private clouds and SaaS applications, limited interoperability has become a major challenge that continues to hamper SaaS adoption by organizations. The best SaaS vendors will have built in support to handle these 6 core SaaS integration challenges. READ THE ARTICLE (3 MIN)
Combine on-prem security with SaaS convenience
With more and more data being ingested and stored by your company, layering in a third-party solution can come with concerns. For your company to get the compliance and flexibility benefits of an on-prem solution with the ease-of-deployment and conve...
Simplify Customer Roll Out by Providing Healthy Data
Healthy data is high quality, trustworthy, cleaned up and compliant. The abundance of data can be overwhelming and make it incredibly difficult for your customers to assess what matters. Ensuring the health of the data a company deals with must be a priority for effective roll out. This helps companies to decrease the risk of data issues leading to bad decisions or security breaches. READ THE ARTI...
You aren't ripped off- you're buying back time
When having a business, the build vs buy debate will eventually come up. It can be tempting to build yourself, as you want software tools to meet the exact needs for your business. In practice, however, there are areas where a SaaS vendor will do a b...
Why Data Fabric is a Must-Have
There are many reasons why organizations need Data Fabric for business, technical and organizational purposes. By providing a real-time 360-degree view of all aspects of a business entity, Data Fabric allows consumers to get the data that they need at any given time. Data Fabric integrates data management tools and is flexible and dynamic, making it a cost effective must-have for organizations. RE...
The Business Advantages of MDM
Having accurate and consistent data is critical to providing your customers with a great and customized experience. Through Master Data Management, you can synchronize all data across multiple channels to maintain a single view. #MDM creates a consis...
Built-in Integration and other SaaS Trends
As the competition among #SaaS products continues to grow, so do customers' expectations. More SaaS vendors are now providing greater integration capabilities, creating a hybrid system that combines a cloud back-end and on-premises system, as well as eliminating human error and comfortably merging a large variety of platforms. READ THE ARTICLE (6 MIN)
Data Fabric Ending
Data Management Nightmare
Many companies have challenges managing data security, -integration and -quality, to mention a few. Without a way to link the data management processes across multiple clouds and on-prem activities, projects can run off the rails. Data Fabric elimina...
This Year's SaaS Predictions
The SaaS explosion and the rise of remote workforce have caused more organizations to decentralize the decision-making in SaaS purchasing. This can be terrific for speed and agility, but with no thread connecting the departments, we experience adverse outcomes. Forwards, applications and software must be able to connect to enterprise data, without the need for a central IT project. READ THE ARTICL...
The hot trend of inter-enterprise MDM
One of today's most promising trends in the MDM world is Interenterprise Master Data Management. There is a huge business opportunity in being among the first enterprises to share data through this trend, that sooner or later will be hot. By collabor...
Use Data Fabric to Avoid Project Failure
The worldwide digital transformation, which is based on data-driven culture and operation, has led to both good and bad. Organizations need to change their focus, avoiding the fallouts from 2021, using the top architectures of 2022: Data Fabric and Data Mesh. READ THE ARTICLE (15 MIN)
Build vs Buy: Make the right decision for your SaaS application
More and more CTO’s are choosing to buy functionality instead of trying to build it themselves. With this, you get the right expertise that will help improve business performance. Here are five things to consider when deciding between building or par...
Reduce Risk with Rapid Rollout
For SaaS vendors to be successful the cost of customer acquisition (CAC) needs to be lower than the lifetime value of a customer (LTV). As Sales Complexity increases, so does CAC. Therefore, it’s vital for SaaS vendors to ensure that adoption is easy without the need for time consuming rollout. This greatly reduces the buyer's risk. READ THE ARTICLE (15 MIN)
Data Fabric, the Self-Driving Car
The emerging design concept Data Fabric is a sturdy solution to data management challenges and is key to Modernizing Data Management, reducing human errors, lowering overall costs and providing more value to your business. Here are the key pillars of...
One Size Fits Nobody!
The term “360 view” has been commonly used within the MDM field, but in practice it’s challenging to build a solution that ensures that the master data is coordinated across all business units in a way that suits all scenarios. One size fits nobody and therefore embracing a context-aware MDM component will help your business succeed. READ THE ARTICLE (2 MIN)
Data Fabric Hot or Hype?
Today, organizations need complex enterprise data from many different sources delivered fast. The juice that makes the engines go, is the integration concept Data Fabric. With this architecture you don’t have to rebuild your service, but embed the ca...
The role of Semantic Interoperability in IoT
Semantic Interoperability is a key technology to create autonomous operations and preserve the inherent meaning of data across different sources. This drives down cost and accelerates the development of new value-adding services. READ THE ARTICLE (7 MIN)
The holy grail of business insights
Data Fabric optimizes access to intelligently curate and distributed data, combining data management and integration while increasing the value of your data. Data Fabric is a core business function, providing access to trusted data in your data-drive...
Make customer adoption rapid and easy
To succeed as a SaaS provider, your goal must be to make customer adoption as rapid and easy as possible. 99% of all organizations are now using SaaS, and it replaces traditional solutions for several reasons. The main drivers are agility and simplification, in their hunt for digital transformation. READ THE ARTICLE (6 MIN)
Why MDM is so important and what it can do for your business
Master Data Management provides a seamless process of delivering data to all relevant systems along the process chain, helping businesses to manage data in a more efficient and effective way. An MDM platform will higher your businesses value in many ...
New Year New Business Goals
Jump-start the new year with a plan for future success. The business landscape has shifted, and so it depends on CTOs to set goals that help master areas of vital importance. This includes bringing agility to infrastructure and optimizing technological spending. If you’re a CTO, these goals will set you up for success. READ THE ARTICLE (7 MIN)
Differences in Data Mesh and Data Fabric approaches
With the growth of cloud computing, problems concerning data diversification are bigger than ever. The key difference between data mesh and data fabric is in how APIs allows different applications to talk to each other. It all comes down to finding w...
Build, buy or partner?
To get #AI solutions that connects multiple moving parts in your business, do you build, buy or partner? Often businesses lean towards the build option, however, more often buying or partnering makes more sense. Using solutions developed by others will often achieve the desired results more efficiently. READ THE ARTICLE (10 MIN)
Top 7 Capabilities for Next-Gen Master Data Management
While the next-gen Master Data Management will help to manage complex relationships & hierarchies, it also increases data quality and brings all data together. Here's the top 7 capabilities for Next-Gen MDM. READ THE SLIDES (10 MIN)
Modernizing MDM for a Data Driven World
It is no longer enough to build good systems if the systems don’t talk together effectively. Realize the benefits in an efficient MDM and expand your business value. READ THE ARTICLE (5 MIN)