The digitization of the business world has led to organizations worldwide being flooded with data that can be difficult to manage. Experts predict that big data will continue to grow in the years to come. This will make it even more of a struggle for companies to transform information into useful business insights.
Our insights, perspectives, product information, and vision for how Cloudbridge and data management in general is shaping the future of business.
Businesses are likely to demand more process automation solutions considering the percentage growth of organizations pursuing automation. In a 2020 survey featuring global business leaders of various industries, 66% piloted automation solutions. At the same time, 31% of companies have fully automated at least one business process.
Data governance has become a necessity in today’s continuously-evolving enterprise environment. In fact, a survey found that most organizations have already employed a range of tools and applications to facilitate various data management functions. This is especially true given how businesses today need to access various data points and gather huge quantities of information regularly.
With the advent of the technological era, an increasing number of companies are bringing their work into the online sphere. Specifically, as businesses become more connected to the cloud network, company data and statistics are now commonly stored and presented in a digital format.
We have added support for Snowflake data warehouses to our Cloudbridge data integration library. To see what benefits this can bring to your business, let’s first take a look at what Snowflake has to offer.
If you’re running a business, you should understand that the biggest barrier that you will need to overcome is poor data quality and organization.
One of the most common ways in which organisations exploit the feature set of Cloudbridge is to automate the process of loading financial data and metadata from the general ledger to their budgeting application. A normal part of month-end for finance teams is to extract last month’s actuals from the general ledger and load it into the financial plan so that it can be compared with the forecast.