Simultaneously, the rising number of distinct systems used by many businesses has made it more difficult than ever to rein in this complexity. These systems may be interconnected to a great degree. In some instances, transactional integrity depends on the precise and timely integration of data across these diverse software systems. Inventory planning and transportation logistics, for example, must have clear visibility and read/write access to ERP data to guarantee that customers, suppliers, and internal workers always have access to updated information.
In addition, analytics is playing an increasingly vital role. In financial services, successful fraud detection and prevention systems are driven by rapid access to transaction data. When planners have access to this information in real-time, they may be more responsive to both external occurrences (such as weather) and internal changes (such as issues impacting production or sourcing). In other words, it’s not enough to have the appropriate data accessible in the right location; timeliness is also crucial.
Solving this data integration difficulty requires an enterprise-grade integration solution that can connect to numerous data sources, such as legacy, cloud, and on-premise software systems.
The fact is that the success of your organization’s big data efforts depends on your performance.