Winners' Circle by Ravi Shankar SVP and CMO
Businesses are changing the way they value their data and are embracing new ways of building understanding from their complex data sets. They are becoming increasingly aware of the challenges faced by data silos and the costs associated with monolithic approaches to data management, integration, and delivery.
A logical data platform enabled by data virtualization becomes the obvious choice for overcoming such challenges. Data virtualization provides a single unifying layer across all of the data in an organization, regardless of location, state, or structure. Increasingly, we are seeing organizations embrace hybrid/multi cloud architectures. In our recently published Denodo Global Cloud Survey Report 2022, we noted that 86.4% of our surveyed companies reported that some or all of their data was in the cloud.
The award winning Denodo Platform, powered by data virtualization, embraces all logical approaches to data architectures and becomes an enabling technology for both data fabric and data mesh.
Increasingly, the Denodo Platform is being leveraged to provide real-time insights to business users, so they can make well informed decisions based on a holistic view across all of their data. Some of our customers have scaled to many thousands of data sources across large enterprise-scale data estates.
Denodo customers can better understand and govern their data through the Denodo Data Catalog, in a self-service manner, as it leverages the latest advances in artificial intelligence/machine learning (AI/ML) and semantic tagging.
Data virtualization has been proven to provide solid value over traditional alternatives. In a recent Forrester Total Economic Impact™ report on data virtualization, Forrester noted that organizations are seeing an 83% reduction in time-to-revenue, a 676% reduction in data preparation effort, and a return on investment in less than 6 months.