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Accelerate Your Enterprise Data Initiatives with a Smart Data Fabric

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Today more than ever before, organisations are striving to gain a competitive edge, deliver more value to customers, reduce risk, and respond more quickly to the needs of the business. To achieve these goals, organisations need easy access to a single view of accurate, consistent, and trusted data – and all in real time. However, growing volumes and complexities of data make this difficult to achieve in practice. As data grows, so does the prevalence of data silos, making integrating and leveraging data from internal and external data sources a challenge.

Recently, data fabrics have emerged as a much-needed architectural approach to providing accurate visibility across the entire business, without the problems associated with data warehouses and data lakes. Data fabrics can transform and harmonise data from multiple sources on demand to make it usable and actionable. Smart data fabrics take the approach a step further by incorporating a wide range of analytics capabilities, including data exploration, business intelligence, natural language processing, and machine learning, enabling organisations to gain new insights and power intelligent prescriptive services and applications.

Sophisticated organisations are leveraging smart data fabrics to power a wide variety of mission-critical initiatives:

Financial services - From scenario planning, to modeling enterprise risk and liquidity, regulatory compliance, and wealth management.

Healthcare – Risk modeling for individuals and populations, real-time performance monitoring, workflow optimisation, and outcomes management.

Supply chain – Real time supply chain visibility to provide supply chain business leaders with on demand accurate information spanning the extended supply through demand ecosystem.

Manufacturing – Supporting IT/OT convergence, Industry 4.0, and smart manufacturing initiatives.

Organisations worldwide are implementing smart data fabrics with InterSystems IRIS® data platform at their core.

InterSystems IRIS is next-generation data management software that:

  • Simplifies Architectures: Provides many of the critical capabilities that are needed to implement a smart data fabric – including integration, database management, analytics, and API management – all in a single product built from the ground up. It reduces complexity, speeds development, accelerates time to value, simplifies maintenance and operations, and lowers total cost of ownership compared with implementing a data fabric using many different separate point solutions.
  • Includes Embedded Analytics: Incorporates rich embedded analytics capabilities, including data exploration, business intelligence, natural language processing, and machine learning, eliminating the need to move data to different services and environments to perform analytics.
  • Supports Real Time and Near Real Time Applications: Includes a transactional-analytic database engine providing the extreme performance at scale required to support real-time and low latency analytic use cases.

Learn more about how InterSystems IRIS and InterSystems IRIS for Health provide the premier data platform solution to meet your business needs.

Other Resources You Might Like

Oct 31, 2024
BLOOR Opinion Article
This article from UK Analyst Bloor Research recognises the capabilities and advantages of InterSystems IRIS data platform as an ‘innovative and powerful data management platform’ and it’s Smart Data Fabric capabilities offering a market differentiator.
Oct 31, 2024
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Market Note
This report explores how advancements in AI, including large language models and natural language processing, are revolutionizing every aspect of capital markets, from trading strategies to compliance and portfolio management.
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Fact Sheet
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This Ventana Research Buyers Guide: Data Platforms is an assessment of how well software providers’ offerings address enterprises’ requirements for data platforms software, evaluating software in seven key categories that are weighted to reflect buyers’ needs based on expertise and research.
Oct 21, 2024
TabbFORUM’s Market Structure Wave
In this edition of TabbFORUM’s Market Structure Wave video series, InterSystems Irene Galperin, Senior Advisor, Financial Services, discusses how firms in the capital markets have been investing and experimenting with AI, particularly most recently with the advent of ChatGPT. In this interview, conducted by TABB Group CEO Bruce Morris, Irene offers several use cases and explains that data is at the core of implementing AI, as data needs to be "high quality and consistent," essentially "AI-ready."
Oct 16, 2024
Migration Options for Application & Solution Providers
Migrating InterSystems IRIS® and InterSystems IRIS for Health™ from on-premises to the cloud offers many advantages for Application Providers and Solution Providers. These advantages include simplified operations, access to flexible resources, and enhanced resilience. Companies no longer need to worry about the physical constraints and expenses associated with maintaining on-prem infrastructure, such as power and space requirements and expensive computer hardware.
Oct 16, 2024
TabbFORUM’s Market Structure Wave
In this edition of TabbFORUM’s Market Structure Wave video series, InterSystems Irene Galperin, Senior Advisor, Financial Services, discusses how firms in the capital markets have been investing and experimenting with AI, particularly most recently with the advent of ChatGPT. In this interview, conducted by TABB Group CEO Bruce Morris, Irene offers several use cases and explains that data is at the core of implementing AI, as data needs to be "high quality and consistent," essentially "AI-ready."
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Unleash the power of AI in healthcare with InterSystems solutions for seamless FHIR integration and development.
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Product Fact Sheet
InterSystems Data Fabric Studio is an essential element of a modern data strategy required to enable growth, optimise business reporting, reduce risk, and support compliance for any firm in the financial services industry.

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