Data Fabric is one of the newest terms in the data analytics industry. According to Gartner, Data Fabric is one of the best technologies for analyzing information.
For those who don’t know the term, Data Fabric is an environmental structure built to manage data in a fast, efficient and simplified way. The goal, in fact, is to optimize the time of digital transformation of a company by increasing the value of information.
Data Fabric meaning
Fabric terms itself suggests that the Data Fabric is like a sort of fabric that allows to connect different areas and places, such as data sources and different types of information. This information moves within the network and can be accessed by both internal and external applications, as well as platforms that can be shared with other users.
In this way, a structured company is able to efficiently manage the information obtaining the best results. Obviously, the main goal is sales-oriented, as the Data Fabric is often used to improve marketing systems and strategies.
At the same time, companies can improve the user experience by getting the most out of their data without violating privacy regulations.
What can I do with Data Fabric?
In addition to the possible applications we mentioned above, Data Fabric can:
- Connect to data sources via pre-configured connectors without requiring code
- Offer functionality to integrate data from multiple sources
- Support multiple processes and manage multiple environments
- Offer functionality to improve data quality through machine learning
- Share data with internal or external parties through APIs
According to a recent study conducted by Forrester, companies driven by quality information that leverage such tools manage to improve their annual performance by 30%.
That’s why so many companies are looking to increase the value of their data using innovative tools and efficient strategies. Among other things, you can also use IoT and Artificial Intelligence tools to further improve your results.
So, using a Data Fabric to manage the information and governance processes in your business can help you maximize your results. This is a scalable solution and one to be seen in the long term, allowing you to monitor and organize data in a single environment by drawing from multiple sources.
Tools like Talend, for example, provide access to all of the functionality required by modern data-driven enterprises in a unified environment with a native architecture that allows them to adapt to changes faster, with assurances of data integrity.
It’s clear that Data Fabric can improve a company’s bottom line by bringing together different pieces of information in one environment.
After all, even the best entrepreneurs can struggle with managing their data, which is why having the best tools at your disposal is crucial to the success of your business.
Here is a short video in which Data Fabric is explained