Executive Perspective On the Enterprise Information Challenge
In the modern economy, you adapt or die!
Information can be a powerful competitive weapon. Today, it's either use your information to bury the competition or arm your people with shovels so they won't be defenceless.
Wal-Mart is by far the commercial world's most influential purchaser and implementer of software and systems. It has become the 800-pound gorilla in a retail jungle by using information strategically to:
- Better manage its business;
- Increase customer benefits;
- Lower its costs;
- Enhance its partnerships with suppliers.
- Ease the integration of acquired companies.
Wal-Mart won! And its competitors lost.
Is Your Enterprise Ready to Compete in the Information Age?
Ask yourself these questions about:
Decision-making.When executive decisions need to be made, do your managers have access to the information they need, when they need it - so they can make intelligent, productive decisions?
Mergers and Acquisitions. Can your corporate applications seamlessly, quickly, and easily integrate all the new corporation's data sources to provide the information required to manage the new, combined company effectively? Can your managers get the information they require easily and in a timely manner?
E-Commerce. Is your information systems able to provide all the data that e-Commerce solutions need without delay due to data integration challenges?
Customer service and relationships. Can sales and customer service reps access all the information they need about an important account before or during contact? Or are you disappointing your customers and opening the door to competition?
Supply chains. Can you streamline your purchasing and supply operations by providing your partners with the information they need?
While managing an organization can be an immense challenge, you can make it far easier by providing your managers with valuable information on which to base important decisions and with which to run your business.
Data Integration Challenges Impact Every Business!
Your Information Technology (IT) staff face the difficult challenge of managing all your data and making it available to your managers and employees due to the following issues:
- The average enterprise requires bi-directional data movement between 49 different systems or formats;
- The typical businesses uses an average of 14 databases and spends 60-70% of application development resources creating ways to integrate disparate data and systems;
- 35% of IT investments are now spent on information integration;
- While 70% of mergers fail, lack of information integration is a significant contributor to many of these failures;
- 80% of the world's data is trapped in irregular text formats - a big challenge in extracting mission-critical data;.
- Companies currently spend over $6 billion a year of scarce programmer resources to write custom code for data integration projects.
Simply put, your organization's important data
- Is spread across your enterprise, and
- Exists in many different, incompatible formats.
This makes the strategic use of it difficult, time-consuming and expensive. Until now.
Harnessing the Power of Your Information begins with the dbSpaces Virtual Database Server
To use all of your enterprise information strategically, you first have to be able to locate and access it.
Then you must be able to manage, distribute and use it.
dbSpaces bridges the chasm that exists between your data and your ability to use it strategically.
dbSpaces catalogs all of your information regardless of where it resides or in what format or database it's in. It makes it easy for any end-user with the proper access privileges to get the corporate information they need, when they need it. Fast.
By using dbSpaces, your organization obtains the ability to:
- Provide timely enterprise information to decision-support applications. With the right information, managers will make better business decisions.
- Respond rapidly to new market conditions and opportunities by easily adding new data sources to your existing IT solutions.
- Reduce the costs of developing and maintaining IT applications, particularly information dependent ones, such as e-Commerce, CRM and SCM apps.
In the Information Age, the continued success of organizations will hinge on their ability to harness the power of their information.
dbSpaces prepares your organization for that reality now.