Data is the lifeblood of modern businesses. It informs decisions, guides strategies, and bolsters customer experiences.
But there's also a downside to data. As the amount of information companies are able to collect, store, and analyze continues to grow, data can become unwieldy and difficult to manage. This is especially relevant for large enterprise organizations dealing with massive amounts of distributed data, often in different formats and structures.
These challenges are causing enterprise data integration to become a critical operational focus. Today we’ll explain what enterprise data integration means, and how modern businesses are approaching it.
Enterprise data integration refers to the centralization of multiple sets of business data and information — often spanning various distinct sources and formats — into one consolidated, unified interface. The “enterprise” distinction signifies that these initiatives are, by definition, more complex and expansive in scale than standard data integration practices.
Let’s explore some of the reasons for the increased focus on enterprise data integration, and what types of outcomes can be expected from this type of initiative.
As the numbers of data sources enterprises need continue to grow, organizations worldwide are seeking to solve the challenge of bringing all that data together. Those that take a proactive approach are gaining a key competitive advantage at a time where others are still trying to wrangle and manage copious amounts of data.
Here are some indicators that it may be time to look into your options for enterprise data integration:
When organizations are able to effectively implement enterprise data integration solutions, the benefits are numerous. Common enhancements achieved by such efforts include:
Faster Time to Value: With the right architecture in place, future integrations are accelerated and organizations are able to derive insight and value from data much more quickly. This can significantly bolster the bottom line.
Increased Productivity: Through reduced burden on IT, and operational shortcuts owing to reusable business logic and templated workflows, businesses are able to harness more output from their teams.
Greater Visibility: A centralized dashboard provides a clear view of integration activity for streamlined reporting and synchronized insight for stakeholders.
Readiness for What’s Next: New data sources and applications are routinely entering the enterprise fold. A strong infrastructure, built through the right enterprise data integration solution, removes stress by helping organizations nimbly incorporate data, manage it, and use it for better reporting.
Stronger Lead Generation and More Opportunities: Bringing data together in a single interface assists with business development goals by clarifying market trends and shifts in demand. Disparate and disorganized data makes it far more difficult to pinpoint and act upon opportunities.
Boomi is a leader in enterprise data integration. Our integration platform as a service (iPaaS) brings efficiency to many of the world’s most prestigious organizations. The following are a few examples of the Boomi Platform in action:
For more information on how Boomi can help your organization with enterprise data integration, contact our team of integration experts today!