Enhances Business Agility for Faster Decision-Making, Improves Response Time and Accuracy for Better Compliance, and Automates Impact Analysis for Smarter Business Strategy
Accelerating the process by which businesses gain value from data, ASG Software Solutions today announced the launch of its Enterprise Data Intelligence solution. By empowering organizations to better understand the data that underpins operations, the solution enables agile, fact-based decision-making, improves compliance response time and accuracy, and supports automated impact analysis for better long-term corporate planning and strategy.
The increasing complexity and volume of enterprise data challenges companies to quickly identify critical data and turn it into real-world value. Vital information is locked up in departmental siloes, spread across legacy and modern systems, while the drive to digitalization forces businesses to move faster to satisfy stakeholders and achieve desired business outcomes. It takes too long to trace data, identify the source and ensure quality in response to immediate opportunities, compliance requests or strategic initiatives.
Combining the ability to mine and understand metadata with compiler-like parsing of discovered applications from more than 220 sources across mainframe, distributed and Hadoop-based systems, the Enterprise Data Intelligence solution provides an end-to-end view of an organization’s information estate to improve data visibility, analysis and understanding. The fully integrated solution also offers business glossary, data inventory, data governance and reference data tools to serve as an organization’s complete and comprehensive data repository, assuring the relevancy of critical data used in business processes.
“Every business sits on a treasure trove of data, but many lack a clear understanding of the origin, movements, volume, characteristics and quality of that data. Such gaps in enterprise data understanding can significantly slow innovation and response time to new threats or opportunities,” said Charles Sansbury, President and Chief Executive Officer, ASG Software Solutions. “Our new solution offers a unique patent pending combination of data lineage and data discovery tools to close those gaps. As a result, business and IT users gain more confidence in the data they rely on to support timely and strategic decisions, or to satisfy compliance responsibilities.”
From a single interface, business or IT users can discover, collect, organize, represent and better understand their data to support business decisions. Data stewards or compliance officers can reliably demonstrate data’s origin and transformation through the organization to satisfy compliance and audit requirements. Product leaders can benefit from rich impact analysis to scope new initiatives and limit the risk of missed opportunities.
The solution helps organizations in a range of verticals tackle data-driven challenges. Retailers can quickly find the data needed to pursue timely seasonal campaigns, and work with confidence and trust in their analytical data. Businesses and government agencies can establish a powerful metadata repository that automatically populates and stores an infinite number of versions and data snapshots. In regulated industries like finance and banking, businesses can confidently demonstrate sound risk management practices in response to compliance audits.
Our patent pending approach to Enterprise Data Intelligence enhances data understanding for enterprise risk and regulatory compliance initiatives, mergers and acquisitions, technology modernization projects and more.