Tag Archives: Real-Time
You can think of big data as approaches and mechanisms that can manage and process petabytes of structured and unstructured data that may be centralized or distributed. Or, a single approach and technology for getting at most relevant data no matter the size or the structure.
Indeed, big data provides us with the power to leverage information that would normally not be accessible, or cause way too much latency than practical when searching through the data. (more…)
One up-and-coming use case in the Capital Markets that we are excited about is front office real-time risk analytics on streaming market data, to decrease risk by informing traders in real time about potential changes to trading strategies, based on the most up-to-date data possible.
One person’s “real-time” is another person’s “fast enough”. (Or is it vice versa?) I’ve been in the Complex Event Processing (CEP) space for almost five years, and nothing gets this industry more spun up than heated discussions about “feeds and speeds” - the fastest products, the lowest latencies, the greatest event volumes, the most events per second and so on. (more…)
Actually, not much, but I couldn’t pass up a chance to mention Tebow in a blog after yet another miraculous victory. Seriously, there’s actually some interesting commonality with CEP and not just Tim Tebow, but most NFL quarterbacks.
In his new book ‘Event Processing for Business‘, father-of-CEP, David Luckham says, “In today’s fast-paced corporate environment, real-time events require immediate action. Event processing (EP)-the ability to collect, analyze, and react to real-time events-is a key component of twenty first century business information systems.” (more…)
Guest Blog by Michelle de Haaff, CMO, Attensity
It’s great to be guest blogging on the Informatica site this week. The topic: BIG DATA in the Enterprise and specifically the growth of customer data fueled by social media that creates a very large treasure trove of insights for businesses.
Informatica made a very exciting announcement yesterday about their Informatica 9.1 BIG DATA offering and we were proud to be a part of it. Attensity made its own announcement on BIG DATA earlier this year as well. It’s great to partner with the world leader in data integration technology. Why? A big question that many of both Attensity and Informatica customers ask is how they can bring unstructured data, prose or text that are in emails, survey verbatims, documents, social media conversations, service and repair notes and more into a data analytics platform, combined with structured data for analytics. (more…)
On November 10, Informatica made history with the launch of Informatica 9. In my mind, being a SOA enthusiast, another equally significant event transpired – the birth of SOA-based Data Services – transformational SOA data integration that can revive your enterprise architecture.
So, what exactly are SOA-based Data Services and why am I so excited?
I am back after a somewhat self-imposed hiatus during which I have been doing some soul-searching, or rather talking to a number of practitioners, experts, thought-leaders and analysts in the integration space. My singular quest was to uncover some real-world myths about SOA.
I spoke to a variety of integration experts – enterprise and application architects, application developers, data architects and data integration developers. During these interesting conversations, we discussed real-world SOA…or let me qualify that term further as real-world “service-orientation.”
Of course we discussed paradigms such as “loose-coupling,” “modularity,” “services,” etc., but more importantly in many cases, we spoke at length about how they were falling short of realizing the promised benefits of SOA. On probing each usage scenario further, I chanced upon a couple of interesting myths about SOA, which I would like to share with you. (more…)
Before we can have lengthy discussions around whether SOA is dead, or SOA is alive and kicking, I thought that it would serve us all well, including myself, to get to a generally agreed upon definition of what exactly we are talking about – what is Service-Oriented Architecture or SOA?
According to Wikipedia, “service-oriented architecture (SOA) provides methods for systems development and integration where systems group functionality around business processes and package these as interoperable services.”
This sounds like a definition right out of a technical book, while SOA’s biggest claim to fame was based on a more business-like perspective which is its promise of agility achieved through the alignment of business and IT. Let’s see if we can dig up some real-world observations around the current state of SOA.
I was delighted to see last week a couple of industry awards won by our customers. It’s always nice to hear about such things, because I think it’s a testament to the value we deliver to our customers.
The first award went to the Royal Bank of Scotland (RBS) at the annual UK 2008 CNET Networks awards. They won “Financial Services Technology Project of the year” award with a project called “SPOT” (Shared Product Opportunity Tool).
“With SPOT, RBS overhauled its client management to drive profitability and success through the development of a collaboration network”.
The judges said: “RBS implemented a new system to integrate client information previously held on disparate corporate and investment banking systems. We were impressed by the implementation’s ability to increase sales opportunities exponentially.”
The second award went to telecoms giant KPN who were awarded top spot at the Ventana Research 2008 Leadership awards for the Information Management Awards category.
“By introducing the 360-degree view of our customers and providing clean, trusted data in near real-time, Informatica is helping KPN raise the bar in terms of customer satisfaction, target customers with compelling cross-sell and up-sell opportunities, and reduce marketing and sales time to market” said Thomas Reichel, Senior IT Architect, KPN
Jan Muchez, CIO, KPN added, “Informatica products and services have been critical to driving shareholder value through improved customer service. To realize our strategic innovation goals, we built our customer data cleansing platform with Informatica soft ware; it gives us real-time cleansing and standardization of our customer data.”
If you’re interested in reading more about how KPN is using Informatica, please visit our knowledge center
We take great pride in the value our customers obtain from our solutions and I would like to congratulate both RBS and KPN on winning these prestigious industry awards. Well done to you both!
If you would like to see more about the success our customers are obtaining from using Informatica please visit our knowledge center on the Informatica website.
In one of my earlier posts I discussed the need for a sophisticated data services-driven technology serving as the foundation for SOA and BPM.
“Data and processes are intertwined. It will fundamentally change the way organizations think about your roles, and your roles are going to need to evolve”.
At this year’s Data Management Association (DAMA) International Symposium,
Michael is quoted saying that:
“In this world there’s a very loosely coupled user interface from the assembled services that in turn share access to data. SOA exposes data issues to more people, places and processes, and what I tell companies is that without a focus on information management and meta data management they’re going to fail.”
It is in speaking to numerous customers, prospects and technologists that I had gathered that without accurate, consistent and timely information, SOA and BPM deployments will face serious information-centric hurdles, affecting the cost-effectiveness and success of the project. As we move towards more agile architectures, I believe that we need to grow typical process-centric approaches to include information centricity as well.
As Michael states:
“Where we are going is beyond the first generation of BPM and SOA [that is process-centric],” he said, “to the next generation of SOA that is information-centric.”
Observe that the key word here is “information-centric.” Reading such statements from Michael and many others definitely validates the strategy I have been defining for building out an effective IT infrastructure that can benefit from the flexibility of a services and process-driven approach, in the data integration layer. Simply wrapping data access with a web service does not qualify as a sophisticated data service and hence, stringing together such simple services with a BPM tool also does not guarantee agility.
As discussed in Services to Orient your Enterprise Data Layer, Joe McKendrick is of the opinion that neither SOA nor enterprise-application integration alone can effectively handle the enterprise data layer. However, data services delivered within an SOA framework can create a data-abstraction layer to address the complexities seen across enterprise data environments.
I have always said that without serving up good quality, consistent and timely information as a data service or a comprehensive data service built using a sophisticated data integration platform, SOA and BPM deployments will not be able to deliver on their promise of agility.
What are your experiences? What kind of information-centric issues have you run into in your service-oriented deployments? Is inaccurate, stale and inconsistent information passing through your IT infrastructure holding you back?