In the early days, accountants made clay tablets to keep track of what the farmers delivered as income tax to the land owner. Of course, they used different words at that time ̶ but setting the semantics aside ̶ they recorded data about their harvest, income and debt.
Fast forward to the job of an accountant 30-some years ago; the task was still to keep track of stock, income and debt along with goods and money transfers using pen and paper.
The addition of computers added another tool to the process of keeping track of earnings. We kept our thousand-year-old approach towards tracking as a core way of doing things. At the same time, we began to realize all of the opportunities putting electricity to our records gave us. Not only could we sort and re-sort data easily, we could add more data from a different source and gain new insights.
A world of new ideas has grown into an industry of energetic, problem-solving IT people. These skilled professionals have kept developing more tools, extra features and smart ways of connecting the dots in the patchwork of tools which slowly grew with businesses’ increasing demand for data.
Securing an overview of the data travel inside a company can be quite a travel diary to write, involving lots of tools and an extensive technology stack.
Meanwhile… the Demand for Shorter Time-To-Data Is Growing
On the business side, when given a finger, they demand and arm; they want more data, their thirst for data never seems to go away. Their creativity as to how more data can be put to use and the urgency in getting it fast and in a reliable way has continued to grow.
In their dream world, businesses want access to all the important, relevant data and they want it now!
Restrictions due to computer power or storage needed has long been outdated arguments from IT, solved during the last decade with increasing compute power and cheaper storage. One of the only obstacles left inside IT is the task of finding their way through the maze of tools, systems, data and environments faster! To be able to deliver the data and put out the Sahara-like data drought of the business.
Read the insight by Barry Devlin: All company Data - at the Hub of Discovery
Reality Check – Dreams Can Come True
The time has come to ease the burden on IT and end the exhausting management of the large patchwork of tools.
By building a Discovery Hub as the go-to place for data exploration, analytics and insights, you find yourself owning more than just a data warehouse. Suddenly, you are able to provide:
- All business relevant data with a one-stop platform
- Balanced governance and agility
- Access to multiple sources from different environments with no hassle
- Cloud for ease of access anywhere with any analytics tool
- Automation to avoid repetitive, time-consuming tasks
Maintain data quality and promote confidence in data throughout your organization. Build a Discovery Hub to serve as your foundation and choose the best breed of discovery tools for your analytics work while obtaining the important business data necessary for gaining an edge and staying ahead of your competitors.
Avoid lockdown on technology that ties your hands behind your back when new ideas and demands arrive.
“Do I Need a Discovery Hub?” You Might Ask
Instead, ask yourself if you saw Big Data coming at this speed? Or IoT as something you needed to make room for in your current architecture invented one or more decades ago?
Leave behind the patchwork of old school tools and start aiming for a unified platform ̶ a Discovery Hub ̶ ready for the future of fast and simple support of the demands for AI, Machine Learning, Advanced Analytics and BI, Self Service analytics, deep learning and whatever will be up next to leverage the power of data.