Category Archives: B2B Data Exchange
For once hype could be a good thing. Well it is if you’re reading the latest Gartner – Hype Cycle for Application Infrastructure published last month, in July; because in it you will see how two important technology trends – the areas of BGS (sorry, another TLA for you to learn – B2B Gateway Software (and it’s even a nested TLA!)), and Managed File Transfer (MFT) have now made it out of the Trough of Disillusionment and up onto the Slope of Enlightenment. Why do I suddenly feel like John Bunyan’s Pilgrim?
Anyway, the key points that Gartner identifies are that centrally managing B2B interactions provides:
- Economies of scale and deeper insight into the technical aspects of data integration, transaction delivery, process integration and SOA interoperability, such as consolidating, tracking, storing and auditing files, messages, process events, acknowledgments, receipts, and errors and exceptions.
The B2B communications process with your external business partners, suppliers, etc. is not a static process and you need to be able to have visibility of these communications for not only regulatory compliance and auditability issues but also to manage the dynamic process.
- A single point through which to troubleshoot B2B integration issues.
B2B Gateways are now a mature technology and like standards most organisations use a number of them. Integrating them provides significant benefit and enables the organisation to have visibility of their business relationships and transactions and also know where to go to when things go wrong and need managing as they definitely will.
- A central, reusable repository for external business partner profiles and Web services APIs. This is particularly valuable when dealing with a large number of external business partners and cloud APIs, and when multiple business units interact with the same partners or cloud services.
The number of business partners we all have to deal with is increasing rapidly as we outsource, subcontract, farm-out and generally rely more on external specialist organisations. Having visibility of these relationships and making the most from new integration methodologies and processes can generate great savings and also give visibility of our business exposure to these suppliers.
- Support for the myriad data formats, transport and communication protocols, and security standards.
As the old saying goes “I love standards, there are so many to choose from.” Well our business processes are not getting any simpler; data standards are under constant change and revision with data formats becoming increasingly complex. So to be able to handle not just a few but all key formats and to be able to reuse previous transformation experience, utilise already developed libraries and lever new complex hierarchical data structures makes the difference between a stove-piped and soon to be redundant system and one that is flexible and supports new and ever changing business requirements.
As one of the vendors identified that can actively compete with offerings positioned to address the broader set of usage scenarios, Informatica’s B2B Data Exchange solution not only supports the B2B functional requirements an organisation will have but also integrates this process and data into the wider internal data integration platform and management process. (Look at this presentation for the new 9.5 functionality of key new featues.)
So now the reality not hype of B2B solutions can be delivered.
Sources: Gartner Hype Cycle for Application Infrastructure, 2012. Published: 24 July 2012
Analyst: Jess Thompson
Gartner Disclaimer re the Hype Cycle
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Why have B2B solutions been defined as outside the firewall? Increasingly we are seeing organisations that have evolved, or are evolving into amorphous structures that are hard to define as either a single or multiple entities. Organisations that have traditionally been compartmentalized as in a specific industry and offering a specific service are frequently now focusing on their core abilities and organizational strengths and applying this to service other departments, subsidiaries or even other organisations in totally separate industries – areas of expertise such as Payments processing for Financial Service companies or Bill processing by Telecommunications operators are seen as revenue generators not corporate overheads. We also see supposedly key processes being outsourced such as Call centers and Networks. Organisations are diversifying hoping that owning the customer or consumer will be enough to be able to resell associated products or services that they have branded or can acquire from other departments or suppliers. It’s a long time since organisations have had to own all their product and service creation and delivery functions however successful and capable they are; but they do have to maximize the revenue and benefits they receive from them.
All in all the hairball of inter-relationships within and without the organisation is becoming more and more convoluted. The traditional supply chain and its management that typically was seen as the life blood of industries such as manufacturing and retail has increasingly been absorbed by industries and sectors as diverse as Financial Services, Telecommunications and the Public Sector who are reliant on partner organisations for key parts of their product and service creation, delivery and support.
But this evolution throws up significant issues as well as benefits.
A major issue is the management and control of access to data and security compliance. Visible security management, access control and auditability are prerequisites of any customer data integration solution but frequently data and access from partners and from within an organisation are viewed as separate processes.
The ability to swiftly respond to changing business and market requirements means not only managing new partnerships and data flows but that the organisation or department providing you will core services last week may not be the same as next week.
This all means that the traditional B2B data flows can now be rethought. The benefits of B2B solutions with partner on-boarding processes and management; data format transformations and managed file transfer are just as relevant within an organisation and its departments as well as when connecting external partner organisations.
The ability to link and manage data publishing organisations / systems / applications together with those applications within your organisation or department that consumes them is just as relevant within the firewall as from outside.
And if you can integrate the external organisation and internal departments data then you are definitely on the road to solving the problem of business change, data security, regulatory compliance and maximising the value of your most important asset – data.
Today, Informatica is announcing the immediate availability of Informatica HParser, the first enterprise-class data parsing transformation solution for Hadoop environments. Available in a free community edition and commercial editions, Informatica HParser empowers organizations to maximize their Return on Data by extracting the value of complex, unstructured data traditionally under-exploited in the enterprise. Please view how Ronen Schwartz, Vice President of Products, B2B Data Exchange and Data Transformation explains what drove Informatica to build and release HParser. Why We Built HParser.
To understand why this is important to the Hadoop community, let’s look at how organizations are using Hadoop today. In 2011, Ventana Research completed a benchmark research survey among 163 large scale data users. (more…)
The phrase ‘Data Tsunami’ has been used by numerous authors in the last few months and it’s difficult to find another suitable analogy because what’s approaching is of such an increased order of magnitude that the IT industries continued expectations for data growth will be swamped in the next few years.
However impressive a spectacle a Tsunami is, it still wreaks havoc to those who are unprepared or believe they can tread water and simply float to the surface when the trouble has passed.
In the evolution of Billing ‘thinking’ for Telcos we’ve seen everything from ‘All you can eat’ offers to ‘Another coin in the slot’. But this perennial business process black-hole can prove to be an area that can add to a Telcos armory in retaining and keeping happy its corporate customers. Not only this but following on from lessons learnt by the Financial Services community it can provide early warnings of customer, partner and service exposure, significant benefits to any organisations Revenue Assurance efforts.
The Integrated Customer Service Hub has evolved to allow customers, frequently the high value corporate organisations, on-line access firstly to Billing information then expanding to encompass other operational data such as new service orders and provisioning data, trouble tickets and service usage data. Increasingly customers are requiring being more in control of their services and so the hub has further evolved to allow customer self-servicing allowing them to place orders and receive information in the format that works for them not just their telecommunications service supplier. (more…)
Last Thursday, Aite Group, Capgemini and Informatica discussed why data integration was critical to the success of payment hubs. One of the questions from the audience was: who were the leading players? Capgemini responded that there are different segments of players– system integrators, payments application vendors, payments integration vendors. And each segment had a role in the success of a payments hub. But to say who is leading, you need to first look at what it takes to be a leader. Let’s look at what it takes for payments integration: (more…)
A Webinar Series with Aite Group and Informatica
Informatica, Aite Group, and Financial industry thought leaders just launched a series of webinars on hot trends in Insurance, Banking and Capital Markets. The issues by industry include:
- Master Data Management has become critical to customer retention and effective cross selling and upselling
- ACORD based integration is critical to the success of Master Data Management because of the increased adoption of ACORD internally to integrate data from disparate systems into an MDM hub
- In Wholesale Banking:
- Payments infrastructure is getting increasingly complex due to mergers, increasing payment channels and types
- Payments integration, as a result, is becoming increasingly important to integrate the new payments hubs with legacy systems that will continue to operate or exist from pre-merger days (more…)
We were at the SWIFT Operations Forum Americas conference a couple of weeks ago, and again we heard one of the biggest pains from banks, corporate and SWIFT was the last mile problem– integrating SWIFT, BAI or other standard into back off systems. (more…)
By Nancy Atkinson, Senior Analyst, Aite Group
Karen Hsu of Informatica organized a TweetJam (#INFAtj) recently on business-to-business (B2B) payments, SEPA, and integration. In conversation with Chris Skinner of Balatro Ltd., I stayed (mostly) within the 140-character message limitations of Twitter while the hour flew by. (more…)
One of the major corporate objectives that Informatica tracks every quarter is “Improve Customer Satisfaction”. We look at at variety of metrics – both qualitative and quantitative – relating to how you, our customers, are engaging with us. We evaluate everything from Marketing to our technical support interactions, the critiques from our training courses, the engagement feedback from our professional services and more besides. All of these are reported regularly to our CEO and the Board of Directors.
So, we were delighted to receive an accolade recently in regard to our professional service organization. We were awarded the honor of being “best of the best” in SPI Research’s annual survey. This is very important to us, since I think it reflects our commitment to you - by focusing on differentiating ourselves by delivering the best possible service at all times. You can find the press release announcing the award here. (more…)