Q&A with Chris Wey: The Power of Data Intelligence
June 27, 2023
Rocket Software recently unveiled the latest version of Rocket® Data Intelligence to unlock the full potential of enterprise data. It’s a powerful self-service data platform built on automation that spans cloud, distributed, and mainframe infrastructures helps mission-critical organizations read, interpret, and act on their data.
Read this Q&A with Chris Wey, President of Data Modernization at Rocket Software, for insight into the benefits of data democratization and how Rock Data Intelligence is making accessing data intuitive and simple.
Can you talk about the importance of data that lives within an organization?
Data is organizations’ most powerful asset. It helps leaders make decisions about everything from staffing to M&A activity, to product releases. And it’s no secret how much data organizations are sitting on. According to one report, from 2010 to 2020 the amount of data created, captured, copied, and consumed in the world increased by nearly 5,000%.
But data is no good if organizations don’t know how to mine it. Businesses must have the right technology to help easily understand and evaluate data collected so it can drive decision making. The right technologies can also help mission-critical organizations – like banks and healthcare systems – stay compliant with government regulations and standards.
What challenges do organizations face with their data?
There’s no denying how powerful data is within an organization – but it doesn’t come without its challenges.
Traditionally the ability to assess, interpret, and act upon organizational data has been reserved only for those with data science skills. So, if a business user – anyone from a marketing professional to the CEO – wants to leverage data to drive their decision making, they need to wait until the right data is identified, transformed, and delivered in a report, by someone with that specific data analytics skill set. This slows down processes and puts organizations at a disadvantage.
Data becomes more powerful and useful when more users within the business can access, share, and interpret it. Today’s data intelligence tools need to remove the barriers that prevent organizations from leveraging their data assets to the fullest.
What is Rocket Data Intelligence?
Rocket Data Intelligence is a self-service solution built on automation that spans cloud, distributed, and mainframe infrastructures – an industry first. The platform democratizes data with an intuitive interface and clear visualizations that enables business and technical users alike to search for data insights they need to make informed decisions quickly.
The solution provides the data intelligence capabilities needed to reduce conflicts in organizational data, streamline impact analyses and validate compliance actions.
What are some of the benefits of Rocket Data Intelligence?
With Rocket Data Intelligence, users can easily narrow down their search of data based on the criteria they care about and choose from a variety of browsing customizations based on preferences for how to see and share data with others. Users can create robust plans for change management, from updating data flows to managing cloud migration. The platform really puts the power in the hands of the user.
Can you share an example of the benefits of data democratization?
There are countless examples of the power of data democratization. Take the financial services industry as an example. Banks store a tremendous amount of personal data, and because of that, there are strict regulatory and compliance rules. But, when a regulator asks for validation that this sensitive data has been properly handled, redacted, and contained – that proof could take weeks or months to deliver. By giving business users the ability to track the flow of data throughout the org, understanding what did – and didn’t- happen becomes a simple query, saving time and reducing risk.
To learn more about Rocket Software’s powerful data solutions, click here.
