If you’re a CIO today, you’ve got an incredibly tough job. Your responsibilities are to leverage technology to increase your business’s agility, identify ways to modernize your stack, eliminate technical debt, and ensure access to data to unlock business insights. All of this means there is a critical need to integrate data across multiple systems, find ways to adopt new technology trends and lower operating costs.
Have you ever asked yourself what has been the largest single contributor to the IT challenges you’re faced with? The problem lies mostly with the App-Centric approach we've been relying on for the last 40 years. Until now, CIOs haven’t had the technology available to change this 40-year old paradigm. In this quick overview, we’ll look at the top three challenges facing IT leaders and share what you can do about them.
1. Applications Trap and Silo your Data
Applications deliver essential capabilities, but they artificially silo your data. Why does every new application require its own data silo? Everyone knows that data should be interconnected to help companies drive enterprise insights. But today’s architecture requires that for every capability you deliver, you build data silos. It doesn’t matter if you buy or build technology; you are still building hundreds of silos. This drives up future operating costs by expanding the need for integration, which then drives demand for costly new systems like a data warehouse or lake to bring data back together.
2. Lack of Business Agility
Business teams always demand faster delivery of business capabilities. But what they don’t understand is that for every IT project, 50% of IT’s time and budget is spent on integration efforts alone. Now, imagine what your team could deliver if you could eliminate 50% of the time and cost of every project? Imagine if you could double your IT capacity with your current team?
Investments in low code technology promise faster delivery from a front-end perspective, but they don’t do anything to eliminate the root cause of your problems. Every time you need a new business capability, you still have to build new data silos, thereby compounding your existing issues.
3. IT has Become a Data Copying Machine
While previously necessary, moving data back and forth across your systems significantly impacts your business in a variety of ways. With the app-centric architecture, your teams are constantly left with trying to figure out answers like:
Which data is the single source of truth?
How do I build a data model to solve this problem and future problems?
Why is there so much duplicate data?
Why is it so expensive and time-consuming to get data where I need it?
Why isn’t the warehouse, lake, or virtualization solving my fragmentation challenges?
Three Challenges, One Answer:
By moving away from the traditional App-centric approach and moving towards Data-Centricity in combination with Data Fabric technology, you start to eliminate the need to create data silos. This results in more business agility and lets your IT team focus on delivering business outcomes rather than integration.
Cinchy is the world’s first Autonomous Data Fabric. Inspired by the human brain, Cinchy’s data-centric architecture makes data silos and data integration obsolete by managing data as a network. Some of the most complex organizations in the world (including highly-regulated financial institutions) are already using Cinchy to accelerate and de-risk their transformation from app-centric to data-centric organizations, unlocking real business agility.