From fully managed EDI solutions to supply chain consulting.

5 Data Trends That Will Dominate 2017

Topics: , , ,

Blog and photo reposted with permission from Liaison Technologies.  

2016 has been an exciting year for the enterprise cloud sector. Data has become a business currency, and the world’s leading organizations continue to propel data collection and usage with their use of specialized apps in the professional realm. A couple of years ago, Baseline reported that for a typical Fortune 1000 company, just a 10% increase in data accessibility would result in more than $65 million additional net income. Since then, it’s been up to data professionals to tackle the challenge of turning data accessibility into a viable and sustainable benefit for their organizations.

Now that data accessibility is more manageable through lightweight protocols and robust APIs, it’s becoming increasingly crucial to turn the myriad of information from disparate sources and formats into actionable insights. In the coming year, integration and data management must adjust to meet growing volumes of data. IT professionals need to find a new way forward to support enterprise infrastructure and maximize the potential benefits of having improved access to data. To help with this goal, here are five trends on the horizon for enterprise organizations in 2017 and beyond:

  1. Outsourcing of labor-intensive integration: Enterprises are finding that labor-intensive integration jobs rob internal teams of time that could be spent on more strategic tasks. In fact, Gartner says through 2018, 90% of organizations will lack a postmodern application integration strategy. To combat this, expect to see more organizations outsourcing integration and data management in 2017 in an effort to prioritize more strategic tasks.
  1. Bridging a path to the cloud: In early 2016, IDC reported that spending on infrastructure to run public and private clouds “continues to grow at leaps and bounds as spending on non-cloud infrastructure decreases,” according to Network World. As more and more companies head to the cloud, enterprises that have invested tens of millions of dollars in legacy systems to handle vital functions of their businesses will be seeking solutions that preserve these investments while bridging a path to the cloud.
  1. Making the IT environment data-centric: Enterprise organizations deploy hundreds of apps that produce unimaginable amounts of data. To make sense of all this data, organizations must find ways to ignore the noise of so many disparate applications, and instead focus on producing bodies of consolidated data that can exist as application-agnostic entities. In 2016, we’ve seen a growing number of businesses turn to our ALLOY platform to accomplish this, and this number is only expected to increase in the coming year.
  1. Acceleration of insights thanks to synergy of data operations: Enterprises will realize the value of synergies established when they deploy a single integration and data management solution. Synergies between integration and data management will eliminate operational redundancies, improve governance, and allow the enterprise to tackle more advanced data use cases.
  1. iPaaS will evolve. iPaaS (Integration Platform as a Service), despite a recent surge in adoption for those needing to supplement their on-premises middleware with cloud integration capabilities, will not stand the test of time. It will need to mature in ways that offer enterprises improved compliance, data management, governance, and integration capabilities beyond tedious point-to-point solutions. Expect new market players or existing companies (such as Liaison) to improve upon iPaaS to better meet the needs of a rapidly changing market.

Each year, we’re finding new and innovative ways to leverage data across the workplace. As the amount of data we can access continues to grow, our systems to manage it must grow as well so we can spend more time applying new insights, and less time sifting through an overwhelming amount of information. As we look towards the future, data will no doubt play a starring role.

Cheers to a new year- may we make the most of the data available to us today, and work together to simplify our integration and data management systems so we can reach greater levels of innovation in 2017 and beyond!

Learn more about the relationship between ERP providers and EDI partnerships in our free whitepaper: EDI Partnerships Deliver Value to ERP Solutions Providers

GraceBlood Biography Series: Shandra Locken
How EDI Helped Santa Deliver Presents this Christmas

This article was written by:

Related Posts

Contact GraceBlood—we’re here to help.