Why you should focus on data centralization in 2024

As data leaders embark on their data strategy in the new year, data centralization is integral to demonstrate value.
January 9, 2024

As data leaders prepare to execute their objectives for the new year — centralizing data is your greatest opportunity to impact revenue this year.

With the increase of SaaS applications, databases, ERP systems and more, organizations must consolidate data from a growing variety of sources into a centralized destination that decision-makers and stakeholders can access seamlessly.

One of the main benefits of data centralization, and the democratization it enables, is reducing an enterprise’s data-to-decision time. Through views like a Customer 360, data leaders can provide their organization with a real-time, comprehensive view of their customers.

Storing data in the cloud, however, is only half the battle; the method in which data is moved is paramount. Let’s talk about how to move towards data centralization.

Data centralization: A deceptively complex engineering challenge

Data centralization is easier said than done if you’re still operating under a do-it-yourself mentality. The number of data sources is growing, the volume of data is growing and there are only so many hours in the day.

Centralizing data comes with several challenges, including:

  1. Accommodating a wide and growing range of sources
  2. Ensuring that syncs run reliably and are resilient to upstream schema changes
  3. Maintaining and upkeeping existing pipeline connections as endpoints are updated
  4. Guaranteeing data integrity and offering visibility throughout the syncing process

The fundamental challenge associated with centralizing data is that moving it from a source to a destination is a deceptively complex engineering problem. It involves: designing new architecture, provisioning the right computing and storage resources, ensuring timely performance updates, building resistance failure and more.

As a result, do-it-yourself (DIY) pipelines or legacy solutions make providing projects like Customer 360 a complex undertaking that demands considerable investment in time, labor and money.

For example, all of the time used on pipeline building and maintenance amounts to a misappropriation of critical resources, leaving data teams vulnerable to wasted spend and high attrition rates.

This combo of infrastructure complexity and data abundance makes automation a critical component for enterprises to enable free-flowing, scalable data movement. Without expediting and simplifying data movement, enterprises will struggle to centralize.

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Leveraging a data integration platform to centralize data

Creating a holistic view of their customer base is the goal of nearly every organization, especially for revenue-focused departments like marketing that benefit immensely from clean, actionable data.

All of this, of course, can create added pressure for CDOs and their teams, as data teams are ultimately responsible for:

  • Understanding the data requirements that business stakeholders define and aligning with them on said objectives
  • Building, maintaining and scaling the necessary infrastructure to support the sources, volume and complexity of data involved
  • Establishing and enforcing data governance policies, including privacy regulations, to protect customer information

Fortunately, when data movement is executed efficiently, data access no longer acts as a source of frustration and stagnation — instead, it serves as a competitive advantage.

Moving data automatically provides real-time access for decision-makers and stakeholders to ensure data integrity, reducing the risk of downtime and flexibility.

For these reasons, an automated ELT (Extract-Load-Transform) model is preferred to a traditional ETL (Extract-Transform-Load) model, as the former provides nearly instant, self-service access to analytics-ready data.

In the case of building a 360-degree view of your customer is integral. By transforming data at the end of the workflow, data teams can combine raw data from disparate data sources into data models that best meet their needs.

More than just delivering on data-enriched, organization-wide goals, the key to a high-performing Customer 360 model is achieving accelerated time to insights. A company’s marketing team, for example, may want Customer 360 to personalize outreach and adjust marketing strategies in real-time with live data.

That makes a data integration platform a critical part of the modern data stack. By easily and automatically connecting scattered data sources and delivering data where, when and however you require — you’ll have a reliable stream of customer data to leverage for high-value projects like a Customer 360.

How to evaluate a data integration platform to centralize data

Data centralization fundamentally requires a technological solution in the form of a fully-managed, data integration platform. Not all platforms are the same though and understanding the critical functions and features to centralize data is integral.

Consider these key capabilities when investing in a modern data platform:

  • Easy to use out of the box, with minimal need for configuration and engineering time to get started
  • Utilizes an ELT architecture rather than the ETL method, which simplifies the data pipeline, enables secure data processing and leverages the scalability of the destination base for data transforming
  • Built with robust security features, especially if you’re an organization in a highly regulated industry where sensitive data must be obscured, encrypted or excluded
  • Reliable in real-time, including the ability to cope with upstream scheme changes, new data source configurations and optimizations for pipeline and network performance
  • Fully supportive and customizable, in terms of your organization’s current data sources and destinations, as well as those you’re likely to use in the future

By checking off all of the above boxes, an automated data movement platform frees data teams from building and maintaining pipelines, all while fueling key initiatives like Customer 360 through the centralization of data access.

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Data insights
Data insights

Why you should focus on data centralization in 2024

Why you should focus on data centralization in 2024

January 9, 2024
January 9, 2024
Why you should focus on data centralization in 2024
As data leaders embark on their data strategy in the new year, data centralization is integral to demonstrate value.

As data leaders prepare to execute their objectives for the new year — centralizing data is your greatest opportunity to impact revenue this year.

With the increase of SaaS applications, databases, ERP systems and more, organizations must consolidate data from a growing variety of sources into a centralized destination that decision-makers and stakeholders can access seamlessly.

One of the main benefits of data centralization, and the democratization it enables, is reducing an enterprise’s data-to-decision time. Through views like a Customer 360, data leaders can provide their organization with a real-time, comprehensive view of their customers.

Storing data in the cloud, however, is only half the battle; the method in which data is moved is paramount. Let’s talk about how to move towards data centralization.

Data centralization: A deceptively complex engineering challenge

Data centralization is easier said than done if you’re still operating under a do-it-yourself mentality. The number of data sources is growing, the volume of data is growing and there are only so many hours in the day.

Centralizing data comes with several challenges, including:

  1. Accommodating a wide and growing range of sources
  2. Ensuring that syncs run reliably and are resilient to upstream schema changes
  3. Maintaining and upkeeping existing pipeline connections as endpoints are updated
  4. Guaranteeing data integrity and offering visibility throughout the syncing process

The fundamental challenge associated with centralizing data is that moving it from a source to a destination is a deceptively complex engineering problem. It involves: designing new architecture, provisioning the right computing and storage resources, ensuring timely performance updates, building resistance failure and more.

As a result, do-it-yourself (DIY) pipelines or legacy solutions make providing projects like Customer 360 a complex undertaking that demands considerable investment in time, labor and money.

For example, all of the time used on pipeline building and maintenance amounts to a misappropriation of critical resources, leaving data teams vulnerable to wasted spend and high attrition rates.

This combo of infrastructure complexity and data abundance makes automation a critical component for enterprises to enable free-flowing, scalable data movement. Without expediting and simplifying data movement, enterprises will struggle to centralize.

[CTA_MODULE]

Leveraging a data integration platform to centralize data

Creating a holistic view of their customer base is the goal of nearly every organization, especially for revenue-focused departments like marketing that benefit immensely from clean, actionable data.

All of this, of course, can create added pressure for CDOs and their teams, as data teams are ultimately responsible for:

  • Understanding the data requirements that business stakeholders define and aligning with them on said objectives
  • Building, maintaining and scaling the necessary infrastructure to support the sources, volume and complexity of data involved
  • Establishing and enforcing data governance policies, including privacy regulations, to protect customer information

Fortunately, when data movement is executed efficiently, data access no longer acts as a source of frustration and stagnation — instead, it serves as a competitive advantage.

Moving data automatically provides real-time access for decision-makers and stakeholders to ensure data integrity, reducing the risk of downtime and flexibility.

For these reasons, an automated ELT (Extract-Load-Transform) model is preferred to a traditional ETL (Extract-Transform-Load) model, as the former provides nearly instant, self-service access to analytics-ready data.

In the case of building a 360-degree view of your customer is integral. By transforming data at the end of the workflow, data teams can combine raw data from disparate data sources into data models that best meet their needs.

More than just delivering on data-enriched, organization-wide goals, the key to a high-performing Customer 360 model is achieving accelerated time to insights. A company’s marketing team, for example, may want Customer 360 to personalize outreach and adjust marketing strategies in real-time with live data.

That makes a data integration platform a critical part of the modern data stack. By easily and automatically connecting scattered data sources and delivering data where, when and however you require — you’ll have a reliable stream of customer data to leverage for high-value projects like a Customer 360.

How to evaluate a data integration platform to centralize data

Data centralization fundamentally requires a technological solution in the form of a fully-managed, data integration platform. Not all platforms are the same though and understanding the critical functions and features to centralize data is integral.

Consider these key capabilities when investing in a modern data platform:

  • Easy to use out of the box, with minimal need for configuration and engineering time to get started
  • Utilizes an ELT architecture rather than the ETL method, which simplifies the data pipeline, enables secure data processing and leverages the scalability of the destination base for data transforming
  • Built with robust security features, especially if you’re an organization in a highly regulated industry where sensitive data must be obscured, encrypted or excluded
  • Reliable in real-time, including the ability to cope with upstream scheme changes, new data source configurations and optimizations for pipeline and network performance
  • Fully supportive and customizable, in terms of your organization’s current data sources and destinations, as well as those you’re likely to use in the future

By checking off all of the above boxes, an automated data movement platform frees data teams from building and maintaining pipelines, all while fueling key initiatives like Customer 360 through the centralization of data access.

[CTA_MODULE]

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Kostenlos starten

Schließen auch Sie sich den Tausenden von Unternehmen an, die ihre Daten mithilfe von Fivetran zentralisieren und transformieren.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.