Importance of Data Integration for a Business
Data Integration is the collection of meaningful and valuable data from multiple sources by using the mixture of technical as well as business processes. It helps organizations with a single view of data that can be easily accessed by business intelligence application. This helps in obtaining actionable insights which are based on the data assets of the organization, irrespective of the source. The heavy amount of information that gets produced due to the data integration process is usually assembled into a data warehouse.
Business intelligence applications utilize detailed information which is obtained via data integration. This helps in deriving important business insights. Furthermore, data integration has a direct impact as it provides the company employees with an in-depth understanding of the organization's existing operations along with the opportunities and risks faced in the marketplace.
Usually, the data integration process proves crucial when it comes to collaborating with business partners, suppliers, or governmental oversight agencies.
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