Mindful data integration, in conjunction with a planned data strategy, is a direct answer to current businesses moving at “internet” speeds. Several businesses operate today, without a unified data integration strategy. They are able to conduct business and are, knowingly, not comfortable to make changes or enhancement to a existing working infrastructure: possible cost, manpower increase commitment, or the risk of flouting a core system that is supporting the business, they are all valid concerns. However, the cost of not taking action will continue to enlarge like big debt.
Getting Returns from Investment
Data integration is both, a business and a technical discussion. The realization of true ‘enterprise’ data integration starts with the identification and classification of streamlined business processes that define the aim and the business drivers for data management. Once the business framework is established, the integration requirements can be detailed within the context of a business issue to determine if the specific data integration initiative will provide enough value to the business. Some areas that typically provide a Return on Investment (ROI) for integration include reducing duplicate data entries, improving data quality, and SOX compliance.