Data democratization, how to achieve it, and become an intelligent enterprise

In today’s business landscape, organizations are constantly looking to innovate faster, and make informed decisions. However, many companies still struggle with siloed data, inaccessible insights at operational levels, and a lack of collaboration among teams. This is where the concept of data democratization comes into play, revolutionizing how businesses harness data’s power. By ensuring that information is accessible not only to C-level executives but also to operational areas, organizations can truly become data-driven enterprises. 

Why data democratization is essential in an organization? 

Data democratization refers to the process of making data accessible and available to everyone within an organization, regardless of their role or technical expertise. It involves breaking down data silos, empowering employees with self-service analytics tools, and fostering a culture of data literacy.  

IBM emphasizes that “… when done well, data democratization empowers employees with tools that let everyone work with data, not just the data scientists.” Similarly, Harvard Business Review asserts that “…To become data-driven, companies must embrace a new management paradigm, in which they must empower not just data experts, but everyone within their organization to work with data, irrespective of their comfort level or expertise with it.” These perspectives underscore the critical importance of data democratization in enabling widespread access to and utilization of data across all levels of an organization. 

As you may guess, embracing this paradigm shift is not without its challenges, but the rewards are well worth the effort. In a world where data is king, democratization is the key to unlocking its true power.   

While traditional business intelligence remains important for strategic decision-making, operational intelligence is essential for enhancing efficiency, agility, and competitiveness in today’s organizations. 

Achieving data democratization through Operational Intelligence (OI) 

As you saw, Business Intelligence (BI) is not enough to achieve an intelligent enterprise. You need to consider Operational Intelligence (OI) as well, which drives you towards data democratization.  

While traditional Business Intelligence (BI) remains important for strategic decision-making, Operational Intelligence (OI) is essential for enhancing efficiency, agility, and competitiveness in today’s organizations.  

Operational Intelligence (OI) is a critical enabler of data democratization, empowering organizations to harness the full potential of their data in real-time. By providing real-time insights, predictive analytics, optimized processes, enhanced collaboration, and adaptive strategy execution, operational intelligence transforms data into a strategic asset that drives organizational success. As organizations embark on their journey towards data democratization, integrating operational intelligence into their strategy is not just important—it’s essential for unlocking the full value of data and staying ahead in today’s competitive landscape. 

ONIBEX can help you in creating data democratization through our Operational Intelligence (OI) solution 

At Onibex we can assist you in establishing a culture of data democratization across all levels and departments within your company. With years of experience, we’ve done the groundwork and are now prepared to implement Operational Intelligence (OI) in your company through our streamlined integration process, requiring only 10 hours. 

Our Operational Intelligence (OI) solution is powered by ONIBEX One Connect—a pre-packaged solution leveraging proven, best-in-breed technologies—ensures a seamless connection between your SAP environment and Kafka, the ultimate data fabric solution. We ensure the security of real-time events and batch mode multi-threading. One Connect dynamically creates schema registries, topics, and serializes data to Avro on-the-fly, enabling swift integration of SAP Master Data, Transactional Data, Enterprise Structure, and Custom Data.   

Here’s how incorporating our Operational Intelligence (OI) solution transforms the journey towards data democratization:  

• Real-time decision-making: Operational Intelligence (OI) provides organizations with the ability to analyze data as it is generated, enabling real-time decision-making.  

• Predictive analytics: Operational Intelligence (OI) goes beyond hindsight and enables organizations to anticipate future trends and events through predictive analytics.  

• Optimized processes: Operational Intelligence (OI) provides organizations with deep insights into their processes, workflows, and performance metrics.  

• Enhanced collaboration and communication: Operational Intelligence (OI) facilitates collaboration and communication by providing a common operational picture across teams and departments.  

• Adaptive strategy execution: In today’s dynamic business environment, organizations must be agile and adaptive in their strategy execution. 

Are you ready to explore our Operational Intelligence (OI) solution and embrace data democratization? 

Beyond mere Operational Intelligence (OI), ONIBEX’s goal involves prepackaging business solutions through collaborations with industry leaders such as SAP, Kafka, among others. We are ready to deliver most of our solutions within just a few hours, ready to be implemented in your company 

Take the first step by requesting proof of concept integrated to your SAP system. Initiate the creation of your robust data integration with SAP effortlessly and unlock the true potential of real-time data synchronization.