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KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

Start » Data Fabric (Glossary)
6 May 2024

Data Fabric (Glossary)

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Data Fabric belongs to the areas of Big Data and Smart Data, Digital Transformation and Artificial Intelligence.

The term Data Fabric describes a modern concept that enables companies to manage and utilise vast amounts of data from different sources more easily. Previously, data was often „trapped“ in individual departments or systems – IT departments had to put in a lot of effort to consolidate it. Data Fabric, on the other hand, connects all these data sources like an intelligent network. This gives companies clear access to their data anytime and anywhere – regardless of where it is stored.

A vivid example: an international retailer collects sales data from physical stores, their online shop, and social media. With a data fabric solution, they can consolidate all information in real time, identify trends, and make better business decisions.

Data Fabric not only helps to reduce costs and effort, but also offers more flexibility and security when dealing with data. For companies that want to succeed in the digital age, Data Fabric is therefore often the next logical step.

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