How firms and business users benefit from data platforms
A data platform is an integrated software solution that helps organizations govern diverse types of data from across the enterprise and then make it available to business user in order to accelerate analytics efforts. Technology is used to streamline and automate tedious and time-consuming processes like data profiling, data cleansing, data modeling, and data validation, enabling users to spend less time preparing data and more time uncovering valuable insights.
With the right data platform, users across the organization get easy access to high-quality data and a unified view of information from multiple sources while IT maintains control over access and usage permissions. Businesses can enhance data governance and ensure data consistency while improving the availability of data and boosting workforce productivity. And with a high-performance analytics engine built-in, developers and business users can leverage AI and machine learning techniques to develop and deliver rich analytics applications and implement big data and IoT analytics projects.