Data integration is defined as gathering data from multiple sources to create a unified view. The process of the consolidated data avails users with consistent access to their data on a self-service basis. This gives you a complete picture of key performance indicators (KPIs), customer journeys, market opportunities, and so on.
Following are a list of seven reasons why you need a data integration strategy for your organizations
Keeps up with the evolution of data
Sensors, networking, and cloud storage are all becoming more affordable, resulting in a vast amount of data. AI and machine learning technology can make sense of it all, with capabilities far exceeding those of humans. All that is required is for data from all sources to be combined, and the algorithms will work!
Makes data available
Accessible data is a huge benefit for your business; it’s as easy as that! Imagine that all of your company’s employees, or your business partners, could have access to centralized data. It will be easier and encouraging for your personnel to make reports and keep all processes up to date. Making reports and keeping all processes up to date will be easier and much more encouraging for your personnel.
Eliminating security issues
Having access to all forms of continuously updated and synchronized data makes it easier to use AI and machine learning solutions to analyze any suspicious activity and decide how to handle it, or even set up automatic algorithms.
Improve data transparency
With a data integration plan, you can improve all of your interfaces and handle complexity while obtaining maximum results and the best information delivery
Makes data more valuable
Data integration adds more value to the data. In DI solutions, Data quality approaches are becoming more common; these techniques discover and improve data characteristics, making it cleaner, more consistent, and more complete. Because the datasets are aggregated and calculated, they become more useful than raw data.
Simplifying data collaboration
Integrated and available data opens up a whole new universe of possibilities for internal and external collaboration. With the available data in the correct format, anyone depending on your statement will have a far more effective impact on the processes.
Fueling smarter business decisions
Using organized repositories with several integrated datasets, you may achieve a remarkable level of transparency and knowledge throughout the entire organization. Never before accessible nuances and facts will now be in your hands, allowing you to make the correct decisions at the right moment.
The correct data integration methods can translate into insights and innovation for years to come. Consider your needs, your goals, and which type of approach matches both, so you make the best decision for your business.
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