When you are using the search term “what is a data fabric” you may find some say that it is a new buzzword in data analytics. It can be in some circles, but data fabric is more than just a catchphrase. Today it is an $812 million dollar industry that is expected to become a $4,546.9 million industry by 2026.
Simply put, data fabric is the catalog that is used to create a fabric or network of every form of data service and analytics that you will use for your company. Learn more about the answers to "what is a data fabric" here, and what the many benefits of implementing that in your business are today.
What is a Data Fabric?
A data fabric is not the same old data analytics solution that businesses have been using for decades. It is not a one-time stop for solving your data problems either.
Your data analytics are cost-effective methods of developing a single system or environment that allows you to store, manage, and access your data. Like one fabric maintains the integrity of a piece of cloth, so too does data fabric.
In a nutshell, data fabric works to collect and integrate data-sharing systems to solve an organization's challenges. It will also prevent the accumulation of data, and governs existing and updated systems.
Benefits of Data Fabric
When one is wondering “what is data fabric” the follow-up question is why. Existing data systems and analytics on their own can function to preserve and govern an integrated data management solution. What data fabric does that goes above and beyond that is it provides one environment for the user and the organization as a whole to access and use data.
The prevailing benefit is the preservation of data value. Data fabric also offers a coordinated system that enables multiple locations for data storage and data management. It also provides solutions for data cleansing and helps to develop utilize and integrate data in multiple formats. A sound data fabric will also ensure that different devices or technology can integrate multiple data forms effectively.
In the workday of a data management tech engineer or IT department, these tasks can be performed manually or by the team. Data fabric is estimated to cut labor hours by as much as 80 percent. When data fabric is implemented, the existing team can utilize one environment for the collection and analysis of the organization's data.
Overall, the key benefits of data fabric are in the integration of siloed data, enhanced reliability of existing and updated systems, and improved scalability.
When an organization is considering a data fabric, adding a data fabric gradually will help to catalog and centralize the implementation of the system. You don't have to do it all at once. Start slowly with your IT team before you launch a new protocol. Hiring an outside company or service and outsourcing data fabric solutions can help an organization achieve these benefits.
Get a Quote for Data Fabric Solutions
When you are wondering “what is a data fabric,” you may be seeking alternative methods of data solutions and data management protocols. If your organization is considering data fabric solutions, get a quote from data fabric experts today.