Monday, May 30, 2016

Integrating inaccessible data with MarkLogic

D Birkhead (C)
Have you ever found yourself having information stored but not used for day-to-day activities? The above diagram shows how data can be locked in different servers according to their functions. Businesses see this as the cheap alternative, but as they grow they realise that data needs to be easily accessible. MarkLogic's enterprise platform allows data integration to make easy analytics through the use of NoSQL databases, using design and finer control over availability of information.

In US healthcare, MarkLogic has helped a top provider of Speech Understanding Technology, to be able to access patient analytics in order to reduce costs and improve patient care. It allowed better communication with patients and healthcare clients through being able to access their full data capacity. A way of cutting costs is being able to understand patient's needs and the most suitable technology, to be able to provide patients with the appropriate Speech Understanding Technology, the first time round, therefore reducing re-shipping costs and customer service call count.

The JPMorgan Chase giant, used MarkLogic to reduce risks on its 'derivatives' (their riskiest assets), which unlike a normal asset is derived from contracts, business logic, lookup tables and equations. They need weekly and even daily updates to ensure the economic information is correct. Now, JPMorgan is able to have the entire workflow in one process and reduces the breaks in the operations process due to the different file extensions. Moreover no extra coding is necessary for the bank's risk analytics and the regulator can run queries across the data whenever it requests.

These examples may take time to take all in, but it shows the different capabilities of the data integration technology. Everyone, regardless of size or industry, can gain more insights from their data. I have been pleasantly surprised by the variety of businesses that use NoSQL to better their databases and be able to access multiple users through their applications. Hope this was useful. Happy learning!

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