Data is the lifeblood of every organization, where quality and richness increase business efficiency, create opportunities for more informed choices, drive profitability and support effective risk management. Having access to multiple sources to combine and consolidate data that best meets a particular challenge is vital. However, gaining access to the right level of data for different business needs can often prove expensive and time-consuming. The inability to share data effectively across an organization limits business opportunities, reduces insight, increases risk and adds to operating costs because of the ever-present need to synchronize changes across multiple systems. Organizations struggle to achieve more cost-effective access to data and to extract additional business value from the raw data supplied.
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