Data is growing at a rapid rate. Data engineers and data analysts are constantly struggling to integrate disparate data for insights delivery and decision-making. In most instances, IT integrators take six to 12 weeks to integrate complex, bi-directional customer data streams, leaving little time to focus on more strategic or high-productivity tasks.
Creating valuable insightful information from gathered different data streams will require organizations to flip that ratio. There is a growing need for companies to mine information without delay to delight customers and deliver the value they’ve been promised. And to effectively convert complex data streams into actionable intelligence, they need to reimagine their ways of data onboarding to enable businesses to analyze data and make decisions accordingly - securely and easily.
Data onboarding plays a central role in enabling companies to kickstart decision-making and ultimately value generation. Here are some proven strategies on how to use data onboarding to enable companies to make decisions and drive value:
1. Use Modern Data Integration Solutions to Onboard Customer Data Faster
Businesses must rely on self-service data integration strategies to onboard customer data faster - in days instead of weeks or months. These solutions enable even non-technical business users to implement data onboarding connections by pointing and clicking through easy screens. While business users onboard customer data, IT teams are freed to drive high-productivity tasks.
IT is freed up from everyday implementation but continues to serve in a governance role. IT no longer need to execute API coding and EDI mapping. Rather than building integrations, IT can focus on high-value tasks to drive innovation and growth.
As even non-technical business users to onboard complex, bi-directional data streams from partners, suppliers, customers, etc. faster, they can quickly connect with them and deliver on their needs and requirements at a faster pace. And delighted customers buy more products or services, thus increasing upsell and growing revenue.
2. Bring Non-Technical Business Users to the Business Forefront
A plethora of companies still banks on developers or IT integrators to onboard different types of data into their existing business ecosystems. The majority times IT teams take almost six to 12 weeks of calendar time to implement data onboarding connections. That inhibits them from focusing on more strategic tasks. When business users are empowered and brought to the business forefront, onboarding time can be shortened to a great extent.
Self-service-powered data integration solutions enable non-techie business users to onboard customer data faster by up to 80 percent. So, what took months or weeks will take only minutes now. With pre-built application connectors, dashboards, AI-data mapping, shared templates, etc., non-technical users can onboard complex data streams in minutes instead of months. That enables companies to facilitate faster business transactions, improving the ease of doing business and generating revenue.
3. Evaluate, Control, and Save Each Data Journey
When business leaders fail to comprehend the nature of the data streams they own, it’s a challenge to make the required security and privacy considerations. In many cases, this creates data silos which ultimately inhibit insights delivery and decision-making.
As data onboarding is strengthened by cataloging along with data ownership, even top-notch leaders can hone their metadata and governance and security capabilities that authenticates users to access data without risk of theft.
The complexity and flow of customer data will grow over time, and organizations that can onboard, integrate, and harness information and translate it into insights will help them gain a competitive edge over others. With self-service data onboarding solutions in place, organizations are better positioned to make good business decisions as they empower business users to share the responsibility beyond IT. Business users can leverage these solutions to onboard complex customer data faster by up to 80 percent, from months to minutes.
Ergo, self-service onboarding solutions can enable non-technical business users to onboard complex customer data faster by up to 80 percent, accelerate insights delivery, make informed business decisions, and ultimately grow the pace of revenue. #DecisionOptimization