In today’s world, where data is a company’s most valuable asset, a modern data platform is an effective tool that provides solutions to business information management needs. But what are its benefits for decision making and effective management of business data?
A modern data platform is not simply a set of digital tools, but rather a dynamic, interconnected ecosystem designed to collect, manage, and analyze an organization’s data. Its fundamental purpose is to provide a robust structure that ensures the accuracy, integrity, and accessibility of data, thereby facilitating more informed, real-time decision making.
What are the layers of a Modern Data Platform?
Before we get into the benefits, let’s break down what makes such a tool tick:
Data storage and processing
You need to have a solid foundation where data is housed, and these platforms can handle both structured and unstructured information.
Data Ingest
A modern platform allows information from multiple sources to be ingested into the core of the platform, ensuring data quality and availability.
Data Transformation
It also provides the ability to refine and prepare data for analysis, ensuring consistency and eliminating errors or inconsistencies.
Business Intelligence and Analytics
These types of tools can be combined with business intelligence (BI) and analytics solutions to effectively explore, visualize, and understand data.
Data Observability
Finally, they make it possible to monitor the health and performance of the platform in real time and identify problems or anomalies that require immediate.
Optimizing Business Strategy with Data
By efficiently collecting, storing, and analyzing large amounts of information, business leaders can gain a much more detailed view of operations and customer business activity. They can anticipate market trends to minimize risk and maximize growth opportunities.
In addition, with this insight, companies can effectively identify areas for improvement and optimization, as well as detect bottlenecks and operational inefficiencies in workflows. Some of the aspects to consider can range from internal to organizational processes, as well as hardware performance, among others.
Through concepts such as DataOPS, FinOPS or DevOPS, organizations can effectively optimize and manage financial, development and data aspects.
Users at the heart of the strategy: data products
These new systems enable the development of data products or self-service data consumption. With this concept, it is possible to gain security and trust in internal information because it can be accessed and used autonomously in a controlled environment. Rigorous data governance ensures quality, security, confidentiality, and information filtering. These combined practices significantly increase the effective use of data, turning it into a true business asset.
By customizing data products to meet specific consumer or business needs, consumer product teams apply their knowledge and understanding of the business context.
Your compliance partner
In an increasingly regulated business environment with regulations such as GDPR, organizations must comply with several regulatory standards. In fact, according to a recent Cloudera survey of IT decision-makers in Spain, 78% are concerned about regulatory compliance when managing their data.
However, by implementing a modern analytics platform, compliance management and visibility can be made much easier and more effective, identifying potential risks and ensuring data integrity and security.
Regulatory compliance and governance is the foundation for quality data that is reliable and can be used as the raw material for AI systems applied to all types of use cases.
Despite their promise and potential, modern data platforms are not without their challenges. That is why it is important to have an experienced partner and certified team.
At PUE, we offer a wide range of services to develop any data project and implement cutting-edge analytics platforms. This is the case of Dell Data Lakehouse powered by Starburst, a solution we already offer that enables access to data wherever it resides, maintaining democratization and security without creating duplication. This solution delivers up to 90% faster access to information, a 53% reduction in total cost of ownership, and a future-proof architecture.
