Today, business and consumer data is the core driver for every organization.
In today’s ever competitive landscape, the importance of business analytics and data-driven insights cannot be overstated.
With the power of personalised, real-time data, businesses can make decisions faster, execute at the speed of data and respond swiftly to changing consumer needs and expectations.
The power of data is invaluable, and it all comes down to how well a business can utilise data to turn it into a resource pool for profitability and strategic decision making.
For data-driven businesses, the inherent value of data isn’t in the information itself, but what can be achieved using that information and the actions and decisions that can arise by making use of data.
The rate of change of data is instantaneous due to which data becomes obsolete and it loses its business value rapidly.
With real-time data analytics companies can gather fresh, up-to-date insights about consumer patterns, choices, actions and expectations.
Further, real-time data allows companies to take in account the minutest of details and patterns required for analytics.
To make the most of business and user data, companies have been relying on storing, managing and extracting data since decades.
With a massive number of databases and application systems at each process, how data is stored has also changed.
In the past, data was siloed and fragmented, and it was difficult to find a consistent, consolidated view for making faster, strategic decisions.
Today, SAP etl tool is one of the most popular database platforms for world’s leading organisations as it helps businesses make valuable data-driven decisions.
A data lake is the vast, richest pool of raw data and data from this lake is then put to use to power analytics, AI, ML and other initiatives by organisations.
To do so, ETL (Extract, Load, Transform) is a process followed by companies to pull data from one source to another and use it to power various applications and tools for generating insights and powering decisions.
The process works in three steps:
● Extract: Firstly, the raw data is extracted in its raw form, including both homogeneous and heterogeneous sources.
● Transform: Next, the data is transformed to a recognisable format suitable for the destination.
● Load: After the data is transformed, it is loaded into the target destination, ready to be used by an application or a tool.
The process of extracting, transforming and loading data to fit the needs of the target system requires resources, time, infrastructure and tools.
This is where a SAP ETL tool like Bryteflow comes into the picture.
With Bryteflow, businesses can easily use a single platform for achieving real-time data integration and replicate data from SAP ERP systems like HANA, SAP Data Services, S/4 HANA and ECC.
Bryteflow allows companies to choose a flexible, automated and scalable solution which is always updated and ready to be deployed.
All that with zero coding or man hours required helping data-driven businesses experience a seamless and secure.