Enterprise Business Extension V5 (EBX5)
CEO – Orchestra Networks, & , Sr. Product Marketing Director presented in the Gartner MDM Summit on March 16-18, 2016 at Gaylord Texan Hotel & Convention Center in Grapevine, Texas A New Way to Manage, Govern, and Share Your Data Assets using EBX5!!
A New Way to Manage, Govern, and Share Your Data Assets
As the world becomes increasingly data-driven, organizations face immense pressure to manage, govern, and share their data assets effectively. Data is no longer just a byproduct of business processes; it has evolved into a critical asset that drives decision-making, innovation, and competitive advantage. Understanding this shift, Orchestra Networks has pioneered a solution that offers a holistic approach to managing, governing, and sharing data across business teams and applications.
Why Managing Data Assets is Critical
Organizations today deal with a wide variety of data, ranging from customers, products, and suppliers to more abstract entities like taxonomies, business terms, and critical data elements. Managing this data effectively requires more than just basic storage solutions; it necessitates a structured approach that ensures data quality, governance, and security. This is where Master Data Management (MDM) comes into play, offering a strategic way to manage key business data in a unified and consistent manner.
Orchestra Networks: A Global Leader in MDM
Founded in 2000, Orchestra Networks has emerged as a global leader in Master Data Management. With a worldwide presence and a clientele that spans industries from banking and insurance to healthcare and logistics, Orchestra Networks has earned recognition as a top vendor in MDM.
Their flagship product, EBX5, is designed to address the growing complexity of data management. It is the only solution to be positioned in both the Gartner Magic Quadrants for MDM of Customer Data and MDM of Product Data, making it a versatile tool for businesses seeking comprehensive data management.
Key Features of EBX5
EBX5 is built on the principle of model-driven architecture, which simplifies change management by requiring configuration updates rather than extensive coding. This approach enables businesses to adapt quickly to changing data requirements without the need for long and costly development projects.
EBX5 offers a suite of features that cater to different user roles within an organization:
- Business Users: Empowered with a self-service interface, business users can view, search, author, edit, and approve data changes, all within a workflow-driven, collaborative environment.
- Data Stewards: Data stewards benefit from advanced tools for governance, profiling, cleansing, and matching data. They can monitor KPIs, track data quality, and take corrective action to ensure data integrity.
- Developers & Business Analysts: Developers have full control over data models, workflow configurations, business rules, and user interfaces, allowing them to adapt the application to meet evolving business needs.
A Unified Platform for All Data Management Needs
One of the standout features of EBX5 is its ability to serve multiple purposes across the organization. Whether it’s Master Data Management, Reference Data Management, or Data Governance, EBX5 provides a single platform to manage and share data with operational and analytical systems alike.
The platform integrates seamlessly with enterprise applications such as ERP, CRM, HR systems, and Business Intelligence tools, ensuring that accurate and governed data is available across the organization.
Unique Technologies Powering EBX5
EBX5 is powered by a combination of unique technologies that make it a robust and scalable platform for enterprise data management. These include:
- Semantic Data Store (SDS): A rich data modeling capability that supports temporal and spatial data management.
- In-Memory Engine: A high-performance engine designed for complex, interactive processes.
- D3 Distributed Architecture: A federated deployment model with transactional synchronization, ensuring data consistency across different systems.
Adoption Across Industries
From banking and insurance to manufacturing and healthcare, organizations across industries have adopted EBX5 to manage their most important data assets. Whether it’s creating and governing customer data for better sales and marketing or managing financial hierarchies for reporting and compliance, EBX5 has proven itself as a versatile and powerful solution.
Conclusion
In a world where data is king, organizations must be able to manage their data assets effectively to stay competitive. Orchestra Networks’ EBX5 offers a comprehensive, model-driven solution that empowers business users, data stewards, and developers alike. With its unique combination of features and technologies, EBX5 is poised to help organizations of all sizes take control of their data and use it to drive business success.