Demystifying Data Virtualization: Why it’s Now Critical for Your Data Strategy
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Watch: https://bit.ly/3iZUf2o Data Virtualization has gone beyond its initial promise and is now becoming a critical component of an adaptive, agile enterprise data fabric. But there are common misconceptions around Data Virtualization and how it works. In this session, we will examine these misconceptions and set the record straight. According to Gartner, organizations with data virtualization will spend 40% less on building and managing data integration processes for connecting distributed data assets, and 60% of all organizations on track to implement some sort of data virtualization by 2022. This solidifies data virtualization as a critical piece of technology for modern data architecture. Agenda: - Why Data Virtualization? And why now? - How Data Virtualization can turbocharge your enterprise data strategy - Typical use cases about Data Virtualization - Demystifying the misconceptions about Data Virtualization Our speakers bring years of experience launching data strategies, and they will share success stories and lessons learned. Learn how you can enhance the competitive edge for your business in this webinar hosted by Orion Innovation and Denodo. We look forward to seeing you online.
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Demystifying Data Virtualization: Why it’s Now Critical for Your Data Strategy
- 1. Demystifying Data Virtualization: Why it’s Now Critical for Your Data Strategy W E B I N A R August 13, 2020
- 2. 2Proprietary and Confidential Guest Speaker SVP – Data Architectures & Chief Evangelist Denodo Host Global Head – Marketing & Communications, Orion Innovation PA N E L I S T S Paul MoxonAsif Rajab AliKarolina Kocalevski Meet our Panelists Moderator Global Head – Data & Analytics, Center of Innovation, Orion Innovation Orion Innovation/ Denodo
- 3. 3 Agenda 1.Why Data Virtualization (DV)? And why now? 2.Typical DV use cases 3.Misconceptions about DV 4.Key Takeaways 5.Live Q&A Orion Innovation/ Denodo
- 4. 4 Why Data Virtualization? And why now? PA RT 1 Orion Innovation/ Denodo
- 5. 5 PA RT 1 – W H Y D ATA V I RT U A L I Z AT I O N ? Defining Data Virtualization and Why Now? Orion Innovation/ Denodo “ “ Data virtualization can be used to create virtualized and integrated views of data in-memory rather than executing data movement and physically storing integrated views in a target data structure. It provides a layer of abstraction above the physical implementation of data, to simplify query logic. Source: Gartner Market Guide for Data Virtualization, November 16, 2018
- 6. 6 PA RT 1 – W H Y D ATA V I RT U A L I Z AT I O N ? Why DV is critical now Orion Innovation/ Denodo The need for speed The need to accommodate for change The need to improve data accessibility & hide complexity
- 7. 7Proprietary and Confidential Up to 85% Up to 70% 60-80% PA RT 1 – W H Y D ATA V I RT U A L I Z AT I O N ? Reduction in Time Reduction in Resources Cost Savings How Data Virtualization can turbocharge your enterprise data strategy
- 8. 8 Typical DV Use Cases PA RT 2 Orion Innovation/ Denodo
- 9. 9 1. Logical Data Architectures – Gartner: the logical data warehouse 2. Cloud Modernization – allows data access in both cloud and OnPrem 3. Accelerating Adv. Analytics (AI/ML) – reduced time for analysis by 30% 4. API Economy/Data Monetization – convert cost center to revenue center 5. Regulatory Compliance – quickly comply with ”Right to Know” 6. Prototyping and MVPs – quickly build business case & prototype 7. M&A – quickly integrate acquired company’s systems PA RT 2 – U S E C A S E S Data Virtualization Use Cases Orion Innovation/ Denodo
- 10. 10 1. Logical Data Architectures – Gartner: the logical data warehouse PA RT 2 – U S E C A S E S Data Virtualization Use Cases Orion Innovation/ Denodo DATA VIRTUALIZATION
- 11. 11 1. Logical Data Architectures – Gartner: the logical data warehouse 2. Cloud Modernization – allows data access in both cloud and OnPrem 3. Accelerating Adv. Analytics (AI/ML) – reduced time for analysis by 30% 4. API Economy/Data Monetization – convert cost center to revenue center 5. Regulatory Compliance – quickly comply with “Right to Know” & GDPR & CCPA 6. Prototyping and MVPs – quickly build business case & prototype 7. M&A – quickly integrate acquired company’s data PA RT 2 – U S E C A S E S Data Virtualization Use Cases Orion Innovation/ Denodo
- 12. 12 1. Logical Data Architectures – Gartner: the logical data warehouse 2. Cloud Modernization – allows data access in both cloud and OnPrem 3. Accelerating Adv. Analytics (AI/ML) – reduced time for analysis by 30% 4. API Economy/Data Monetization – convert cost center to revenue center 5. Regulatory Compliance – quickly comply with “Right to Know” & GDPR & CCPA 6. Prototyping and MVPs – quickly build business case & prototype 7. M&A – quickly integrate acquired company’s data PA RT 2 – U S E C A S E S Data Virtualization Use Cases Orion Innovation/ Denodo
- 13. 13 1. Logical Data Architectures – Gartner: the logical data warehouse 2. Cloud Modernization – allows data access in both cloud and OnPrem 3. Accelerating Adv. Analytics (AI/ML) – reduced time for analysis by 30% 4. API Economy/Data Monetization – convert cost center to revenue center 5. Regulatory Compliance – quickly comply with “Right to Know” & GDPR & CCPA 6. Prototyping and MVPs – quickly build business case & prototype 7. M&A – quickly integrate acquired company’s data PA RT 2 – U S E C A S E S Data Virtualization Use Cases Orion Innovation/ Denodo
- 14. 14 1. Logical Data Architectures – Gartner: the logical data warehouse 2. Cloud Modernization – allows data access in both cloud and OnPrem 3. Accelerating Adv. Analytics (AI/ML) – reduced time for analysis by 30% 4. API Economy/Data Monetization – convert cost center to revenue center 5. Regulatory Compliance – quickly comply with “Right to Know” & GDPR & CCPA 6. Prototyping and MVPs – quickly build business case & prototype 7. M&A – quickly integrate acquired company’s data PA RT 2 – U S E C A S E S Data Virtualization Use Cases Orion Innovation/ Denodo
- 15. 15 Demystifying the misconceptions PA RT 3 Orion Innovation/ Denodo
- 16. 16 PA RT 3 – M I S C O N C E P T I O N S Busting Common Misconceptions Orion Innovation/ Denodo Performance is slow as the data is aggregated in real time from sources and transformed on the fly Data virtualization and data federation are the same thing Data Virtualization can replace my Data Warehouse Data virtualization can only provide limited data cleansing because of real-time transformation Data virtualization can’t provide real-time data
- 17. 17 Key Takeaways PA RT 4 Orion Innovation/ Denodo
- 18. 18 PA RT 4 – K E Y TA K E AW AY S Orion Innovation/ Denodo Data environment is very dynamic & esp. now with COVID-19, enterprises need to build an adaptable flexible architecture to allow business to access & consume data DV allows you to build an adaptive flexible architecture (e.g. use cases) Denodo is recognized by the analysts as a leader in Data Virtualization Orion has proven expertise in data & analytics with complex businesses, and can help you with your overall data strategy
- 19. 19 PA RT 5 Live Q&A Orion Innovation/ Denodo
- 20. 20 Visit us at orioninc.com Or go straight to our Data Virtualization page orioninc.com/data-virtualization/ • Submit any further questions on this page or at [email protected] • Download the DV eBook • Watch a replay of this webinar • Schedule your free diagnostic/ discovery session For more resources about Data Virtualization Orion Innovation/ Denodo
- 21. 21 Disclaimer: This document is for informational purposes only and is subject to change without notice. This document and its content herein are believed to be accurate as of its date of publication. However, Orion Systems Integrators, LLC and its affiliates (herein referred as Orion) makes no guarantee, representations or warranties with regard to the enclosed information and specifically disclaims the implied warranties of fitness for a particular purpose and merchantability. As each user of Orion services is likely to be unique in their requirements in the use of such software solutions and their business processes, users of this document are always advised to discuss the content of this document with their Orion representatives. OrionSM and Orion InnovationSM are service marks of Orion Systems Integrators, LLC. All other trademarks acknowledged. Copyright © 2020 Orion Systems Integrators, LLC. orioninc.com Thank You.