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Data Modernization |
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“For many organizations, legacy systems are seen as holding back the business
initiatives and business processes that rely on them,” says Stefan Van Der Zijden,
VP Analyst, Gartner. “When a tipping point is reached, application leaders must
look to application modernization to help remove the obstacles.”

https://www.gartner.com/smarterwithgartner/7-options-to-modernize-legacy-systems/
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The focus of modernization today is more about remodeling the organization to

address specific business goals, and not confine to pure-play cost reduction and
technology play to stay relevant. Hence, focusing on aligning to a cloud-first
strategy by consolidating disparate solutions becomes key to re-prioritize digital
transformation from optional to vital.

Data modernization is the process of moving siloed data from legacy databases to
modern cloud-based databases or lakes. Data modernization allows organizations to
be agile, eliminating inefficiencies, bottlenecks, and unnecessary complexities
surrounding legacy systems. A modernized data platform is one that provisions
efficient data migration, speedy ingestion, scalable and optimized storage and
advanced interactive near real-time analytics, self-service discovery, and
exploration enabled by good data governance (inclusive of master data management,
data quality management, metadata management, data cataloging, and the likes).

Modernizing your data is the fastest way to turn your organization into an
analytics and data-driven one.

Modern Data Platforms:

- Give users a cohesive view of data from multiple sources, make data available
throughout an enterprise to those with proper permissions, and improve data
governance.
- Provide employees within enterprise access to the right data at the right time,
without delays in processing a volume of data or data requests.
- Allow businesses to manage their data governance strategy better. This can
include what data is collected, who can access it, and when data has ‘expired’
according to data protection and privacy regulations.
- Deliver a single point of access via modern authentication tools, such as SSO, to
ensure authorization for your users. In this way, you can easily keep track of who
can access data via the platform.
- Bring data together from multiple sources, bridging organizational silos for more
collaborative and effective decision-making.
- Provides the organization with benefits such as lowered Costs, democratized data,
reduced latency, increased speed of access, dynamic intelligence and analytics,
accelerated time to market, and much more.