Over the last quarter century, data and its ability to provide valuable insights for companies to plan, predict, and implement strategies has expanded exponentially. Organizations have grown more reliant on data, and the speed at which data is uploaded and analyzed now must match the pace at which it is generated.
“Data has to be up to date and available almost immediately in order to just keep the business running.”
Mark Van de Wiel is the CTO of HVR, a company that specializes in partnering with enterprises to realize the full potential of data through real-time data replication. On this episode of IT Visionaries, Mark explains why data replication is an imperative step for companies wanting to take a more data-driven approach, how replication is providing real-time insight as opposed to batch data uploads, and why having a single source of truth when it comes to your data is just good business.
Main Takeaways
- Holistic Data View: Today, organizations are pulling data together from multiple sources. But regardless of whether your data pulls are from first-party or third-party sources, getting all of it into one unified space is paramount. Replicating data is a very quick way to migrate data from multiple sources in order to provide a holistic view of your data.
- Know Where Your Data is Coming From: Garbage in, garbage out is a philosophy every data leader is familiar with, which is why it’s important to understand where your data is coming from. Be strategic about how you manage your data, what sources you are collecting your data from, and if the source is reliable.
- Real Time Data Application: Being able to replicate your data in real time and not have to wait on monthly or quarterly data uploads is an enabler for allowing an organization to be more data-driven.
For a more in-depth look at this episode, check out the article below.
Article
Over the last quarter century, data and its ability to provide valuable insights for companies to plan, predict, and implement strategies has expanded exponentially. Organizations have grown more reliant on data, and the speed at which data is uploaded and analyzed now must match the pace at which it is gathered.
“Data has to be up to date and available almost immediately in order to just keep the business running.”
Mark Van de Wiel is the CTO of HVR, a company that specializes in partnering with enterprises to realize the full potential of data through real-time data replication. On this episode of IT Visionaris, Markexplains why data replication is an imperative step for companies wanting to take a more data-driven approach, how replication is providing real-time insight as opposed to batch data uploads, and why having a single source of truth when it comes to your data is just good business.
Today, data collection is everywhere and the amount of data that organizations take in on a daily basis can be overwhelming. Managing that data, understanding it, and deriving insights from it has never been harder. That’s why data replication is paramount, Van de Wiel said.
“Replicating data gives you benefits as an organization,” Van de Wiel explained. “HVR works with a lot of customers who have extremely high volumes [of data] hitting our transactional systems. Organizations are really paranoid and worried that the transactional system is going to slow down. So they want the most optimum way of capturing those changes without generating any impact on their systems. And replication enables them to do it.”
The traditional approach for companies that wanted to upload data to systems was to do batch data movement from data lakes. One of the rising issues with that approach became the massive amounts of data that most businesses deal with on a routine basis. According to Van de Wiel, these one-time data captures have not only become an increasing lift on a company’s system, but also have risen in cost over the last few years.
“Technologies have been built around this concept [of one-time data captures],” Van de Wiel said. “Companies just look at the last modified date on the data, and just pull any increments since the last time they pulled the increment into the data Lake. That’s fine, but it’s only fine for data that never gets deleted. If data does get deleted, then there is no last update date that you can rely on that says we need to process this data.”
That’s why Van de Wiel said it’s never been more important for organizations to take action when it comes to data collection and having a holistic view of where its data is coming from.
“There’s often more than one source system that organizations want to unlock,” he said. “They want to combine data from inventory systems, from supply chain systems, etc. There’s lots of different data sources that organizations want to unlock and analyze. Replicating the data is a very quick way of moving the data from a busy source system that is mission critical for the organization into that analytical environment where it might be ready for analytics just right as it arrives there.”
Real-time data application, Van de Wiel said, has become an enabler for organizations that want to have a more data-driven approach, and he stressed that it should be given the same level of importance that enterprises place on undergoing digital transformation and migration to the clou
To hear more about data replication and how HVR is helping companies gain data insights in real-time, check out the full episode of IT Visionaries!
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To hear the entire discussion, tune into IT Visionaries here.
