Category Archives: Data Integration
Integrating Social Media with Enterprise Data
While watching a television re-run of House MD a few weeks ago, there was an American Express commercial featuring Tweets from customers who have made purchases with their reward program points. American Express has taken ‘listening’ to social media data to the next level and is using it to its own advantage. By giving their customers a forum to Tweet their experiences through socialcurrency.com, they are taking the social media era by storm. (more…)
ANNOUNCING! The 2012 Data Virtualization Architect-to-Architect & Business Value Program
Today, agility and timely visibility are critical to the business. No wonder CIO.com, states that business intelligence (BI) will be the top technology priority for CIOs in 2012. However, is your data architecture agile enough to handle these exacting demands?
In his blog Top 10 Business Intelligence Predictions For 2012, Boris Evelson of Forrester Research, Inc., states that traditional BI approaches often fall short for the two following reasons (among many others):
- BI hasn’t fully empowered information workers, who still largely depend on IT
- BI platforms, tools and applications aren’t agile enough (more…)
Validating Data for Production Environments
The BBC published a news story where a teacher in India looked at his bank account expecting to see a balance of $200 only to find that the balance shown was $9.8 billion (480 billion rupees). Imagine that surprise!
These types of stories appear in the news on a regular basis, and the question they raise is this: How could an error of this magnitude have happened and what could have been done to prevent it? (more…)
Informatica Positioned in the Recent Gartner Magic Quadrant for MDM
Gartner recently published its annual Magic Quadrant for Master Data Management of Customer Data Solutions, which “positions MDM of customer data solution vendors (and their products) on the basis of their Completeness of Vision relative to the market and their Ability to Execute on that vision.” The growth of MDM market has been phenomenal – $1.6 billion in 2011, a growth of 21% from 2010, and projected to grow by the same rate to $1.9 billion in 2012. (more…)
Mainframe, or Not to Mainframe?
You may think of the mainframe as a thing of the past. Stop. People have been predicting its death for years; there are plenty of old articles about the demise of the mainframe. But reports of its death have been greatly exaggerated. The mainframe is more like the Matrix, where it was called The Source. A quick search on the percentage of enterprise data on the mainframe will give you results citing 70 percent of enterprise data still reside on the mainframe. The reality is mainframes are still here and powering the global economy. (more…)
Enterprise Applications Myth #3: Big Data is Just Another New Data Source
This is the third and last post in my myth-busting series. Myth #1 was “Apps and Data Live and Die Together“. Myth #2 was “You Only Need to Focus on the Application in Any Modernization Initiative.” Now for #3.
Myth: “Big data” is just another type of data, and IT will figure out how to get it into our enterprise applications.
Fact: There is a whole new world of data out there that is waiting to be tapped for the business—data from web activity, social media interactions, mobile devices, sensors, tags—you name it. You can monitor Facebook and Twitter to understand how customers feel about your company, and link it to the products they have purchased from you. You can utilize sensor data from manufacturing equipment to improve quality control. You can track shipments on trucks and trains to dynamically optimize logistics and scheduling. (For some good research on the business opportunity of big data, check out what the folks at McKinsey & Co. have written.) (more…)
Dealing with the Latest CFTC Ruling on Real-time SWAP reporting – Are you prepared?
The recent Commodities Futures Trading Commission (CFTC) ruling requiring real-time reporting for over-the-counter (OTC) swap trading was decided over the holidays to increase transparency and provide a comprehensive view of the entire swaps market to help regulators monitor and govern market activities and hedge against increased systemic risk. This ruling is a major change for many companies who have had little to no regulatory reporting requirements prior to this rulings. The deadlines for real-time swap reporting are right around the corner as the first of three deadlines being July 16, 2012 to commence real-time swap reporting.
Meeting these new reporting requirements poses significant challenges for those impacted by the new ruling that cannot be ignored. Let’s take a look at what they are and how Informatica’s solutions can help overcome these obstacles. (more…)
Data Storage Is So Cheap Its Expensive
The cost for 1GB of magnetic disk storage 20 years ago was $1,000 – now it’s eight cents. 1GB is enough to store about 20 thousand letter-size scanned documents. To store the same number of paper documents would require two four-drawer filing cabinets which would cost about $400. The cost of electronic data storage is five thousand times less than paper storage.
Costs have dropped consistently 40% per year which accounts for the more than 12,000 times reduction in cost since 1992. The cost for RAID or mainframe disk storage is somewhat greater, but the historical trend for other storage devices has been similar and the forecast for the foreseeable future is that costs will continue to decrease at the same rate. Twenty years from now we will be able to buy one tera-byte of storage for a penny. (more…)
2012 Cloud Integration Predictions – Data, MDM, BI, Platform and IT as a Service
I spent last weekend reading Geoffrey Moore’s new book, Escape Velocity: Free Your Company’s Future from the Pull of the Past. Then on Sunday, the New York Times published this article about salesforce.com: A Leader in the Cloud Gains Rivals. Clearly “The Big Switch” is on. With this as a backdrop, the need for a comprehensive cloud data management strategy has surfaced as a top IT imperative heading into the New Year – How and when do you plan to move data to the cloud? How will you prevent SaaS silos? How will you ensure your cloud data is trustworthy, relevant and complete? What is your plan for longer-term cloud governance and control?
These are just a few of the questions you need to think through as you develop your short, medium and long-term cloud strategy. Here are my predictions for what else should be on your 2012 cloud integration radar. (more…)
What is Change Data Capture? Something Business and IT Both Agree on for Mainframe Data Integration
A few days ago, I got a text message from a friend telling me that my favorite company’s stock price was suddenly tanking and that I should dump my holding. So I went to the news portal to get a stock quote and see where the stock price happens to be. I found that the stock didn’t move much at all. Thinking that it might’ve been a prank text message, I ignored it. To my dismay, the stock quote I saw was delayed by 20 minutes and the decline wasn’t yet reflected in the news portal. (more…)
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