a division of R. L. Polk & Co.
Applying Lean Principles to Data Management
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In today’s competitive business environment, timely, objective decision-making and operational actions require the most current and complete data possible. Processing, compiling, and assembling data for use in business is made all the more difficult by the proliferation of data, applications, and technologies that exist in the IT infrastructure. At a high-level, we see many organizations struggling with the need to have the most timely data possible, of the highest data quality, while balancing the requirements to have the most flexible and agile IT environment to react to changing business demands. When you abstract the problem, there are parallels to the advances seen in the industrial revolution. Lean manufacturing concepts of continuous material flows, standardized processes, quality measurements for early identification of problems, and a focus on eliminating waste provided just-in-time delivery of products, of the highest quality, with lower costs. Lean factories provide flexible environments with which to increase capacity at the needs of the business. OneView360° is designed to help businesses address the tidal wave of raw data that is generated in today's business environment, and turn it into business value. We've developed a technology and process solution that is built with the premise that modern, lean manufacturing principles can be applied to the efficient processing of large amounts of disparate data. The concept is a flexible, automated, virtual factory where the workflows are orchestrated and configurable delivering data products that are assembled based on the needs of the business. Data is the raw material in our virtual factory, and just as with a lean manufacturing factory, we process data as it is received (applying principles of continuous material flows). We follow the best practice of standardizing processes as we normalize and enhance the data, and store it in a single Operational Data Store (ODS). Quality measurements track issues earlier, prior to downstream delivery to products (products in this metaphor are your businesses operational and analytical applications) Automation inherent in the solution eliminates manual processes to manage or manipulate data, shifting resources towards issue resolution. The Single Source of Truth (SSOT) is a virtual consolidated repository of the data, which eliminates waste by removing the need for multiple data stores, and minimizes errors and inconsistencies that are common with this approach. The assembly process in the factory is the manner in which we employ unique business rules for differing organizations and business needs, and enables applications to leverage the data in the factory. Applying lean principles to data management can help lead an information revolution. With OneView360° managing your data, if you need to increase data throughput, the solution enables capacity on demand with our grid-based computing approach that allows you to rapidly add servers as required. This approach is far more timely, flexible and cost-effective than batch-processsing, mainframe-based computing solutions. If you're faced with changing business conditions (introducing new or different data and applications, applying new business rules, integrating mergers and acquisitions), OneView360° allows you to react with the confidence that your data can map easily to those new demands.. Lean manufacturing is changing businesses around the world through techniques that create outstanding results and translate directly into bottom-line profits. We can bring similar benefits to your business, by allowing you to:
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