Unifying Business Processes by Unifying Data
Updated: Jun 25, 2019
Data integration sounds like a fancy buzz word for "all systems working together". That seems like a no-brainer, but something that would fall into the category of "expense" and maybe even hassle. Quite the contrary, data integration tools are a value-add proposition.
By having all data intertwined it becomes infinitely more valuable. It creates a complete view inside the entire company especially in the business to business realm where client feedback is often minimal. This complete overview enables everyone from the manager to the owner to make smarter decisions...to move forward on project X and not Z. Or to order more Unit ABC rather than Unit XYZ.
Operating budgets are often tight, and knowing how to interpret data is vital to making the kinds of business decisions required of the world today. First, you must have that data. Second, you must make that data work for you and Data integration is the way to do that.
Technology has revolutionized both how we conduct business and how consumers interact with companies. Consumers are more demanding in today's technologically driven competitive market. In order to gain eminence, businesses have to be more consumer-centric than ever. Data Integration (DI) can help your business focus on your customer, fostering efficient decision-making that leads to sustained growth. DI automates the process of information gathering and analysis. This enables businesses an insight into the demands of its consumers.
Achieve competitive edge with Data Integration
Philip Russom, Director of TDWI Research has identified the best measures of DI as it amplifies your business value,
DI offers effective decision-making by structuring the datasets in an aggregated, calculated, and time-series manner.
DI offers a 360° perspective of the entire business setting, including customers, finances, products, and all other areas; thus, it renders data synchronization.
DI enables business integration i.e., the data integration of different departments or enterprises presented as "shared data" on a single platform; thus, fostering B2B data exchange.
DI adds value to business practices, as the data is continually monitored and updated to meet the current business standards.
DI offers real-time information accessibility. The advancing nature of Business Intelligence demands prompt insights from raw data, and DI provides this time-sensitivity to the data collection process.
Besides, the automated process of DI improves the accuracy of business processes and makes employees more efficient, as the prospects of typical data entry errors are eradicated. In order to ensure seamless connectivity with the enterprise world, Data Integration (DI) is indispensable to business leaders.