Title: Data Integration Challenges And How To Overcome Them
1Data Integration Challenges and How to Overcome
Them
The efficient functioning of the sales team
purely depends on the real-time deployment of
quality data. Have you ever been to a car
dealership? You must have come across cases,
where a specific car model is unavailable, so
the sales representative checks up in real- time
to see whether its available at their other
dealership. The sales representative can do this
due to the smooth process of data integration
which happens companywide. Data Integration
Explained The evolution of tech has enabled
companies to gather an immense amount of data
consistently from multiple sources. If you have a
global business, the data involved would be
similar to a confetti bomb. Sorting out relevant
data for use would be slow and require a great
deal of manual work. Here is where data
integration comes into play. The data
integration process is employed efficiently, to
assemble and catalog data from multiple sources.
Fortune Business
2- Insights projects the global data integration and
integrity software market to grow to 30.21
billion. - The Impact of Data Integration on Sales
- As per a combined study by Forbes and McKinsey,
organizations relying on data are 23 times more
likely to acquire customers, and 6 times more
likely to retain customers. Data integration
merges all available data and makes it easier
for the sales team to access data in real time
and across all verticals. You can use data
integration to manage consumer data, their
current stage in the sales funnel, purchase
intent, previous purchases, and more. Through
this unified data, you can easily chart out a
sales strategy to target existing consumers and
even convert leads into customers. - The Challenges
- A bulk of companies have become data-driven, so
integrating multiple data points is a must.
While data integration is a potent process, it
also comes with a lot of challenges. - Diverse Data Formats
- As data integration gathers data from multiple
sources, the data formats are liable to be
different. Suppose you have a sales team in the
US and another in India the sales team in the US
will enter the date in mm/dd/yyyy format, while
the sales team in India will enter the date in
dd/mm/yyyy format. The different data formats
will make the data comparison between both teams
difficult.
3- Outdated and Low-Quality Data
- Without set data entry and maintenance standards,
data integration combines all forms of data into
a single accessible format. As a result, the
data sets would include outdated and decrepit
data. Data duplication is also a likelihood with
multiple teams inputting the same data. The odds
of this happening increase when companies dont
organize their databases regularly. - Using The Wrong Integration Software
- Multiple data integration software exist in the
market that cater to a specific set of data
requirements. Using the wrong data integration
software can lead to a potential data mix-up with
a chance of data corruption. It might also lead
to inefficient and inaccurate data collection. - Excess Data
- If you have not set parameters for collecting
data, there are chances that you might be
collecting all inflowing data. It could lead to
data bloating, and crucial data could get buried
under scores of worthless data. The problem gets
compounded when you gather data from a diverse
range of sources, which could make it a colossal
challenge to analyze for valuable data. - The Solution
- Automate Data Pruning
4- Way before AI came into play, many processes were
still automated. After AI, the automation
processes became a lot more efficient and
error-free. You can utilize AI to automate data
pruning during the data integration process. AI
can easily detect duplicate and insignificant
data, and prune it during the integration
process. The automation process will lead to
data integration that is accurate, efficient,
and easier to analyze. - Utilize and Scale Data Management
- Setting data management guidelines can help you
better manage diverse data formats gathered from
varied data collection sources. Data management
can efficiently scour through all integrated
data. As a result, you can efficiently make
accurate, data-driven decisions. Scalability is
also a significant aspect of data management.
Data management is a continuous process, and as
your company grows, data management also needs
to be scalable enough to manage an influx in
data integration. - Choose the Correct Integration Software.
- A smooth and efficient data integration process
requires the correct integration software. Data
integration software falls under five different
types - Manual Data Integration
- Data Integration with Middleware
5- Uniform Access Data Integration
- Application-Based Data Integration
- Common Storage Data Integration
- You must answer three key questions to choose the
correct data integration software - Q1. Which data are you looking to integrate?
- Q2. Do you require manual data pushes or
automated synchronized data pushes? - Q3. Do you want data integration synced to your
entire software stack? - You can also choose a mixture of two or more data
integration software types based on your
requirements. The right integration software
will provide you with consistent data management
for the data flow. It will also sync data
throughout your software stack and restrict
unwarranted access to confidential data. - The Endless Nature of Data Integration
- Data is an integral part of the efficient
functioning of any business. Your Sales team
will depend on consumer data to analyze consumer
behavior and prepare sales strategies
accordingly. For data- dependent companies like
yours, the data integration process can never
cease. As technology advances, so too will the
data integration
6process. The advanced data integration process
will bring about new challenges. To mitigate
these challenges, companies will require robust
and flexible data integration software with the
potential to scale. About Ciente ? With
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