In the pursuit of confident business decisions, customers now have access to interoperable data integrity services offered by Precisely, the global frontrunner in data integrity solutions. These services operate seamlessly in any data environment, be it on-premises or in the cloud.
Master Data Management partner, Precisely, has announced the latest innovations within the Precisely Data Integrity Suite. Customers can now swiftly construct data pipelines, seamlessly integrate data into new cloud platforms using an extensive range of connectors and effortlessly utilise enhanced features such as data observability, geocoding, and data enrichment capabilities. The suite's unified data catalogue facilitates seamless interoperability among its services and introduces a new user interface that enables users to search and explore an extensive inventory of business and technical metadata.
Sanjeev Mohan, Principal and Founder at SanjMo and former Gartner Research VP, commented, "Today’s businesses wrestle with delivering trusted data from hybrid environments to analytic systems using a mix of point solutions. They lose control of their data as it moves from data producer to data consumer, and as a result, data issues aren’t identified until they hit downstream systems."
Organizations are under increasing pressure to rapidly leverage the power of reliable data for confident decision-making while simultaneously reducing costs by maximizing efficiency. A recent study conducted by the Center for Business Analytics at Drexel University's LeBow College of Business reveals that data-driven decision-making is the foremost objective for organizations worldwide, with 77% of business leaders identifying it as their main priority for 2023. This is closely followed by the positive business impacts associated with confident decision-making, including operational efficiency (73%), cost reduction (62%), revenue generation (59%), and regulatory compliance (57%).
The suite's interoperable services enable customers to make informed business decisions based on reliable data. These services allow proactive issue detection, provide a comprehensive understanding of data usage and lineage, enable data enrichment through curated datasets, and make data accessible wherever it is most needed, whether that's in an on-premises, cloud, or hybrid environment.
Key enhancements to the Data Integrity Suite include:
New Data Quality service: Precisely's market-leading data quality capabilities, which are already favoured by customers, are now directly available within the suite. Customers can design data quality pipelines using an intuitive interface and execute quality processes natively in the cloud or any other data environment. Critical data can be easily validated, geocoded, and enriched to ensure accuracy, consistency, and contextual relevance for downstream operations and analytics.
Integrated data catalogue: Metadata is automatically captured through any connection in the Data Integrity Suite, driving a user experience centred around a data catalogue. Users can access a complete inventory of business and technical metadata, enabling effortless searching, exploration, comprehension, and collaboration across critical data assets.
Support for hundreds of new connectors: The suite now offers expanded compatibility with a wide array of data environments, allowing seamless integration of data into new platforms using numerous additional connectors. The Data Integration service within the suite facilitates real-time data replication from diverse sources, including complex mainframe IMS and VSAM sources, as well as leading cloud platforms such as Snowflake, Google BigQuery, and Amazon Web Services (AWS) Redshift. This ensures that data is available precisely where it is needed most.
Convenient access to geocoding and data enrichment: Address data can be easily validated, geocoded, and prepared for enrichment by assigning a unique and persistent PreciselyID. This functionality is accessible through the suite's new cloud-native Geocode API or the Data Quality service.
New data observability capabilities: The Data Observability service within the suite now enables proactive monitoring of additional data attributes, allowing the detection of issues before they impact downstream systems. Organizations benefit from alerts on schema drift, significance thresholds, and comprehensive support for all major cloud data warehouses. These features provide greater insight and control over data observations than ever before.
Gary Allemann, MD at Master Data Management, said, "The Data Integrity Suite now combines Precisely's long-standing expertise in data quality with data observability and data governance, empowering teams to not only observe, detect, and predict problems but also to rectify them in the very environments where the data resides."