Welcome!

API Journal Authors: Liz McMillan, Pat Romanski, Elizabeth White, Kevin Benedict, Anders Wallgren

Related Topics: Containers Expo Blog, Microservices Expo

Containers Expo Blog: Article

How Data Virtualization Delivers Business Agility – Part 1

Make decisions faster based on complete, high-quality actionable information

Enterprise adoption of data virtualization has accelerated along with a growing need for greater business agility.

The close relationship of business agility and data virtualization was described in my recent Virtualization Magazine article, The Agile Business - Why Data Virtualization Is Needed.

It can also be observed across hundreds of organizations and is clearly evident in the ten case studies described in the recently published Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility.

Three Elements of Business Agility
In their quest to become agile businesses, these organizations address all three elements of business agility: business decision agility, time-to-solution agility and resource agility.

This article addresses how data virtualization delivers business decision agility. Part 2 and Part 3 will address time-to-solution agility and resource agility.

Agile Business Decisions Are Key
Making effective business decisions requires knowledge and insight that can only be developed from access to and analysis of complete, high-quality actionable information. Data virtualization enables the organization to deliver this information in several ways.

Complete Information
Understanding the complete picture is the first step in any decision process. Large enterprises today have thousands of data sources that span multiple transaction systems of record, complementary applications, consolidated data stores, external data sources and more. Each source is a silo with its own unique metadata and data model, data access toolset, and underlying architecture.

The challenge is to integrate data across these traditional silos in order to provide the business user with a single, complete and high-level view of whatever information is needed for analysis and decision making.

Taking this concept to the enterprise level, data virtualization has the ability to provide an organization with a unified view of information across the entire business.

One traditional solution is to consolidate all of the data in a unified, enterprise data warehouse. However, this does not always prove feasible in practice for a number of reasons, including the ongoing proliferation of new data sources and types that must be incorporated into the warehouse.

As an alternative, data virtualization offers virtual data federation functions that enable an organization to integrate its extensive range of internal and external data sources without moving any data. Accessing the data in a new source, for example, simply requires establishing a single connection - from the data virtualization layer to the source - and the creation of virtual views and data services to access, transform, abstract and represent the source data in an appropriate format for consuming applications.

High-Quality Information
Ensuring that the information guiding business decisions is high quality and fit-for-purpose is a second major business decision agility requirement.

It is rare that as-is, raw data in original source systems is an exact match for the consuming application and business user. At a minimum, some degree of format and syntax transformation is required to bridge the gap between source and consumer data models and technologies. In many cases, additional validation and standards-conformance processing is also needed to improve the integrity and consistency of the data delivered to consumers.

Data virtualization supports multiple techniques to ensure delivery of high-quality information. For example, when providing up-to-the-minute, institution-wide views of equity, option, futures, derivative and debt positions for risk managers in the financial services industry, data virtualization transforms the data as structured in the various trading platform sources into a consistent form and format for consumption by the risk management applications.

Actionable Information
Finally, the information decision makers require must be actionable. Time-to-action is an additive function that combines time from event-to-insight, insight-to-decision, decision-to-implementation and implementation-to- results.

Yesterday's data, summarized in the warehouse, is not sufficient when having the most current information is the first step in a time-to-action path. For example, understanding the current location and availability of maintenance staff and repair gear is a critical first step in understanding how to respond to an equipment failure in process industries.

Data virtualization provides high performance query engines and flexible caching to query and deliver source data in near-real time whenever it is requested. This ensures decisions are made based on the most up-to-date information available when appropriate.

Conclusion
Making effective business decisions requires knowledge and insight that can only be developed from access to and analysis of complete, high-quality actionable information.

Data virtualization offers virtual data federation functions that enable an organization to integrate its extensive range of internal and external data sources to provide the business with a complete picture. Further, data virtualization supports multiple techniques to ensure delivery of high-quality information. Finally, data virtualization can query and deliver source data in near-real time whenever it is requested to ensure up-to-date, actionable information.

Editor's Note: Robert Eve is the co-author, along with Judith R. Davis, of Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility, the first book published on the topic of data virtualization.  This series of three articles on How Data Virtualization Delivers Business Agility includes excerpts from the book.

More Stories By Robert Eve

Robert Eve is the EVP of Marketing at Composite Software, the data virtualization gold standard and co-author of Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility. Bob's experience includes executive level roles at leading enterprise software companies such as Mercury Interactive, PeopleSoft, and Oracle. Bob holds a Masters of Science from the Massachusetts Institute of Technology and a Bachelor of Science from the University of California at Berkeley.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@ThingsExpo Stories
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...