Data Solutions for Modern Business
Modern businesses depend on growing amounts of information to market, design, and manufacture products, streamline their operations, increase revenues, and manage inventory to review reduce costs. The data must be easily accessible to all employees, and it must be reliable, accurate and secure.
To meet these requirements companies require an extensive data solution that comes with the right tools and technology to handle every stage of the lifecycle of data: gathering the data, storing it, processing it and analysing. A well-rounded, effective data solution should include a unified platform for data (UDP) as well as business intelligence, data governance and a data catalog.
When it comes time to collect and store data, an organization needs to make sure that it has the capacity to scale up and back down in order to meet the demands. This means choosing the appropriate database to store data and the tools that move that data in and out of it. It is also important to find and eliminate unnecessary siloed information in order to reduce the size of the operational databases.
Data infrastructure is the term used to describe the tools used to collect and store information. This layer includes software to manage, store and transform data to be used for analysis and report generation. This layer also includes systems that produce visual representations of data to enable them to be used by analytics and business intelligence tools. This layer can be further divided into two components including data modeling and datawarehouse management.