Issues with data integration, the benefits and drawbacks of modern data integration methods, the advantages of automation and API administration, and how enterprise automation boosts an organization's competitiveness in a competitive market are all explored.
FREMONT, CA: Businesses generate billions of rows, articles, and pieces of data every minute of every day. It makes sense that making sure the data is handled and supplied to the appropriate team at the appropriate time can be challenging.
SnapLogic, a pioneer in intelligent integration and enterprise automation, recently hosted a webinar titled, Demystifying Data Integration: Automation Hacks Every IT Professional Should Know, in which David Wilmer, Principal Product Marketing Manager, and Jeremiah Stone, Chief Technology Officer, demystified the ins and outs of data integration. They talked about how companies may use better data-driven decisions to dominate a crowded market.
Data integration issues, the advantages and disadvantages of contemporary data integration techniques, the advantages of automation and API administration, and how enterprise automation increases an organisation's competitiveness in a cutthroat market are all covered. Anyone who wants to lead their organisation to success must visualise it.
The current State of Data Management
The success of organisations today depends on data integration. Yet 83 per cent of ITDMs (IT decision-makers) are not entirely satisfied with the performance and output of their data management and data warehousing systems, according to a new SnapLogic study conducted in collaboration with Vanson Bourne. This despair is caused by problems with data formatting, rules, and the organisation's pace of data transfer and accessibility.
According to Wilmer, organisations are aware that integrating data fosters data trust and that trust is essential when using analytics to support significant business decisions. Despite the significance of data integration, many organisations still struggle with it.
Enterprises typically use 254 applications, have 40–60 tools per team, and 56 per cent of SaaS applications are not owned or controlled by an organisation's IT department. Data from each app becomes segregated and inaccessible to other portions of the organisations, teams, and apps as app sprawl expand.
More than half (53 per cent) of respondents, according to the same SnapLogic study, claim they don't completely trust their data when making decisions. This, according to Wilmer, is not surprising given the variety of unconnected data sources that most organisations have.
He notes that 40 per cent of people don't fully trust their data for making decisions because of the incomplete or missing data that results from poor integration. Different data sources lead to more data silos. Because of this, there is no data exchange between systems, which reduces data confidence.
Lack of data integration results in a lack of data insights, which impairs decision-making and harms both user experience and business outcomes. The average company claims bad data management costs them more than AUD 1.45 million annually. To fix this and take advantage of SaaS, data integration is necessary.
