Actually, organizations are having an important transformation in their approach to data management. Gone are the days when businesses worked only with transactional data to drive their operations. Instead, there's a marked interest in delivering actionable insights to empower decision-making on a daily basis, not just at a C-level. To achieve this transformation, organizations must work towards data democratization, enabling access to information at all organizational levels to have both business intelligence and operational intelligence. This will result in having an intelligent enterprise.
As technology continues to evolve, data streaming becomes increasingly crucial for an intelligent enterprise. The world is immersed in streaming: from entertainment services like Netflix or Spotify to social media platforms like Facebook or TikTok, streaming has transformed how people consume content and connect with the world globally. However, its impact goes far beyond the realm of entertainment; in the business world, data streaming is a fundamental tool that companies must adopt to stay competitive and relevant in an ever-evolving market.
Data streaming empowers companies to evolve into intelligent enterprises by enabling them to collect and analyze real-time data. This provides them with a significant advantage in making informed and agile decisions at both the executive and operational levels. For example, fraud detection becomes much more effective when suspicious behavior patterns and transactions can be constantly monitored in real-time, allowing for quick and precise action to prevent financial losses.
To become an intelligent enterprise and incorporate data streaming, a data fabric is required, this solutions works as a central nervous system.
A data fabric is an architectural solution that enables organizations to seamlessly integrate and manage data across different sources and environments, including on-premises and cloud-based systems. By leveraging data fabric, organizations can efficiently access, analyze, and utilize data in real-time, empowering them to make informed decisions, drive innovation, and achieve their business objectives more effectively.
ONIBEX offers the only data fabric solution on the market that integrates these essential and unique components:
1. SAP operational data model. Gain a holistic view of your data, ONIBEX has done the hard work on configuring specific tables to meet an enterprise needs for data democratization. ONIBEX works with the framework provided by SAP that defines the structure and organization of data within an operational environment. It serves as a blueprint for organizing data entities, attributes, and relationships in a standardized and consistent manner to support business processes and operations within SAP systems. The operational data model provides a common framework that facilitates data integration, analysis, and reporting across different modules and applications within the SAP ecosystem, helping to ensure data consistency, accuracy, and integrity.
2. 100+ streaming connectors. ONIBEX has developed a high-performance streaming technology that allows to process and analyze data in real time. The connectors facilitate the seamless integration of different data sources into the data fabric's ecosystem, enabling the ingestion, processing, and analysis of real-time. This component efficiently integrates with other data sources within the fabric, empowering organizations to leverage real-time insights for improved decision-making and operational efficiency.
3. ONIBEX One Connect, the ultimate data fabric solution. With a flexible connector powered by ONIBEX One Connect—a pre-packaged solution leveraging proven, best-in-breed technologies—ensures a seamless connection between your SAP environment, or any transactional data and Kafka, the ultimate data fabric solution. Robust encrypted communication, monitoring, and alerts in SAP ECC and SAP S/4HANA ABAP Add-On, combined with SAP BTP Kyma App, ensure the security of real-time events and batch mode multi-threading. ONIBEX One Connect dynamically creates schema registries, topics, and serializes data to Avro on-the-fly, enabling swift integration of SAP master data, transactional data, enterprise structure, and custom data.
4. A data wise for operational and business intelligence. ONIBEX provides pre-packaged operational and business dashboards on topics such as sales, production, and inventory, while also empowering users to build their own dashboards. Once they have established their data fabric and created the initial dashboards, they have the capability to construct limitless custom solutions.
As can be seen, the transformation to an intelligent enterprise brings challenges like unlocking real-time insights, optimizing operational and executive decision-making, and cultivating a culture of data democratization across all levels and departments within a company. This involves implementing a data fabric with connectors that bring operational and business intelligence to the forefront.
Need to know more about the ONIBEX data fabric solution? Contact us.