The Hive "Data Virtualization" Introduction - Jim Green, CEO of Composite Software
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This document discusses how business leaders can take advantage of their data assets. It describes how Composite Software allows businesses to leverage "big data", operational databases, and third party data. The document provides several customer examples of how they used Composite's data virtualization platform for agile BI, consolidated risk reporting, data integration, and self-service data access. It also outlines common use cases for data virtualization including supporting multiple data sources and applications, abstracting data to the business level, and modernizing data warehouses to handle multiple repositories and big data.
The Hive "Data Virtualization" Introduction - Jim Green, CEO of Composite Software
- 1. 1 © 2013 Composite Software, Inc., Composite Proprietary Jim Green CEO
- 2. 2 © 2013 Composite Software, Inc., Composite Proprietary OTHER BUSINESSES Business Leaders Take Advantage of Their Data OBJECTIVES: • Agility • Cost Reduction • Competitive Advantage BUSINESS LEADERS
- 3. 3 © 2013 Composite Software, Inc., Composite Proprietary Data Warehouses Operational Databases Enterprise Applications Data Rich and Information Poor The Business “The Cloud” “Big Data” Third Party Data
- 4. 4 © 2013 Composite Software, Inc., Composite Proprietary Data Warehouses Composite Lets You Take Big Advantage of Your Data Operational Databases Enterprise Applications “The Cloud” “Big Data” Third Party Data The Business
- 5. 5 © 2013 Composite Software, Inc., Composite Proprietary Customer Examples Use Case Aflac Agile BI Architecture BMO Capital Markets Federated Risk Reporting Blue Shield Agile Data Delivery; Data as a Service Capital One Self-service data access platform Credit Suisse Positions Analytics in Asset Management Org Dannon New technology evaluation Dow R&D Informatics Expeditors BI Agility, Data Layer Fisher Business Agility, IT Flexibility Genzyme R&D Informatics, Regulatory Reporting Janus "More with Less” for Investment Management and Research Orgs Lord Abbett Consolidated view of Positions and Trades Kasikorn Bank Data Integration Hub Medline Faster Time to IT Solution Pearson Go to Market Reorientation from Product Line to Customer Centric Purdue R&D Risk Management Solutions Roche R&D Informatics Sony PlayStation Customer Analytics State Street Interactive Reporting Initiative and a Risk Semantics Layer Trion Worlds Customer Data Services Tudor Investments Trades and Market Data Layer for Asset Mgmt Org Vodafone Agile BI What Data Virtualization Is Used For
- 6. 6 © 2013 Composite Software, Inc., Composite Proprietary Use “Patterns” Logical Data Warehouse Business Information Access/ Data Interface Layer Data Services BI Project Federation Product Scope Time Business Impact When a report needs data from more than one source When a common set of interfaces needs to support multiple applications When you want to systematically: • Abstract to the “business level” • Isolate the data source changes from the applications When you need to modernize your warehouse with • Multiple repositories • Services and XML • Big data
- 7. 7 © 2013 Composite Software, Inc., Composite Proprietary Organizations That Gain Big Advantage Using Composite
Editor's Notes
- #3: Everybody has lots of data today and more is coming. <CLICK>So the difference between leaders and also-rans is the ability to leverage this data to gain more agility, save money, and beat out their competition while advancing overall data management.GARTNER: Organizations that modernize their information management capability will display 20% higher financial performance (than themselves previously)HARVARD BUSINESS REVIEW OCT 2012Data-driven Companies:5% more productive than competitors6% more profitable than competitorsIf you don’t figure out how to leverage your data assets to improve your business, you will be left behind by companies who do.--------------------------------------------------------------------------
- #4: Historically, the Enterprise Data Warehouse (EDW) was the place business users went to get their critical information.And although the EDW served its purpose pretty well, the agility of the EDW has always been challenged:TDWI: 7 weeks to add a new report, 8 weeks to add a new field to a data warehouse. Further, the role of these “not-so-agile” agile warehouses has changed. <Click> <Click> <Click> <Click> As data grew and diversified into different silos such as the cloud and big data, the EDW has become just another part of the business’s overall data mix.More data should be good for the business right!But for many, it hasn’t worked out that way as each new source added complexity and costs, reduced IT responsiveness, and left the business data rich, but information poor. It is now clear that new, more business-friendly data integration strategies are needed.
- #5: Composite’s modern data integration technology gives you instant access to all data from all sources.You can manage your data where it naturally lives, and leverage the right data to meet ever changing needs.Whether it’s cloud data, big data, or third-party data; all data can empower your people to develop more meaningful insights, distancing you from your competition.Composite is 100% focused on helping our customers turn their data into business advantage.Let’s look at how some of our customers are leveraging Composite Software to improve their agility, reduce their costs and gain competitive advantage.