Denodo Technologies Case Studies ABSA's Transformation into a Data-Driven, Digital Organization with Denodo Platform

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	ABSA's Transformation into a Data-Driven, Digital Organization with Denodo Platform Denodo Technologies

ABSA's Transformation into a Data-Driven, Digital Organization with Denodo Platform

Denodo Technologies

Technology Category	Functional Applications - Warehouse Management Systems (WMS) Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Cement Finance & Insurance
Applicable Functions	Warehouse & Inventory Management
Use Cases	Building Automation & Control Picking, Sorting & Positioning
Challenge	ABSA Group Limited (ABGL), a leading financial services group based in South Africa, was facing challenges with its data infrastructure. The infrastructure, which consisted of two data warehouses and a complex series of extract, transform, and load (ETL) processes, was not only costly to operate but also time-consuming in delivering data to business analysts. Recognizing the need for improvement, ABSA decided to modernize its data ecosystem and embrace a big data strategy. However, during the modernization process, ABSA encountered difficulties in ensuring the continuity of business operations. The company needed a data abstraction layer between the legacy systems and the new strategic platform to continue building out the new platforms without disrupting business processes. Read More
About Customer	ABSA Group Limited, originally known as Amalgamated Banks of South Africa, is a major financial services group based in South Africa. The group offers a wide range of services including personal and business banking, credit cards, corporate and investment banking, wealth and investment management, and bank assurance. ABSA is one of the three largest banks in South Africa and has a presence in 15 countries across the African continent. The group also operates offices in the United Kingdom and the United States. Read More
Solution	ABSA found the solution to its challenges in the Denodo Platform, a data virtualization tool that could establish a logical data warehouse. With the Denodo Platform, ABSA was able to eliminate its reliance on expensive and time-consuming ETL processes for replicating and moving data. Instead, most of the data integration and transformation could now be done on the Denodo Platform. This not only simplified the process but also provided self-service analytics to business users. The Denodo Platform served as the necessary data abstraction layer, allowing ABSA to continue with its modernization efforts without disrupting ongoing business operations. The platform's capabilities improved ABSA's ability to handle data at scale with higher flexibility, agility, and simplicity. Read More Log in to view content
Contents

Technology Category

Functional Applications - Warehouse Management Systems (WMS)

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Cement

Finance & Insurance

Applicable Functions

Warehouse & Inventory Management

Use Cases

Building Automation & Control

Picking, Sorting & Positioning

Challenge

ABSA Group Limited (ABGL), a leading financial services group based in South Africa, was facing challenges with its data infrastructure. The infrastructure, which consisted of two data warehouses and a complex series of extract, transform, and load (ETL) processes, was not only costly to operate but also time-consuming in delivering data to business analysts. Recognizing the need for improvement, ABSA decided to modernize its data ecosystem and embrace a big data strategy. However, during the modernization process, ABSA encountered difficulties in ensuring the continuity of business operations. The company needed a data abstraction layer between the legacy systems and the new strategic platform to continue building out the new platforms without disrupting business processes.

About Customer

ABSA Group Limited, originally known as Amalgamated Banks of South Africa, is a major financial services group based in South Africa. The group offers a wide range of services including personal and business banking, credit cards, corporate and investment banking, wealth and investment management, and bank assurance. ABSA is one of the three largest banks in South Africa and has a presence in 15 countries across the African continent. The group also operates offices in the United Kingdom and the United States.

Solution

ABSA found the solution to its challenges in the Denodo Platform, a data virtualization tool that could establish a logical data warehouse. With the Denodo Platform, ABSA was able to eliminate its reliance on expensive and time-consuming ETL processes for replicating and moving data. Instead, most of the data integration and transformation could now be done on the Denodo Platform. This not only simplified the process but also provided self-service analytics to business users. The Denodo Platform served as the necessary data abstraction layer, allowing ABSA to continue with its modernization efforts without disrupting ongoing business operations. The platform's capabilities improved ABSA's ability to handle data at scale with higher flexibility, agility, and simplicity.

Impact #1	The implementation of the Denodo Platform transformed ABSA into a more data-driven and digital organization. The platform's data virtualization capabilities allowed ABSA to establish a logical data warehouse, eliminating the need for costly and time-consuming ETL processes. This not only reduced operational costs but also sped up the time-to-solution. The Denodo Platform also provided self-service analytics to business users, enhancing their ability to make data-driven decisions. Furthermore, the platform ensured consistent and secure data governance, enhancing the overall data management within the organization.

Impact #1

The implementation of the Denodo Platform transformed ABSA into a more data-driven and digital organization. The platform's data virtualization capabilities allowed ABSA to establish a logical data warehouse, eliminating the need for costly and time-consuming ETL processes. This not only reduced operational costs but also sped up the time-to-solution. The Denodo Platform also provided self-service analytics to business users, enhancing their ability to make data-driven decisions. Furthermore, the platform ensured consistent and secure data governance, enhancing the overall data management within the organization.

Benefit #1	Improved ability to handle data at scale
Benefit #2	Enabled faster time-to-solution at lower costs
Benefit #3	Eliminated the need for numerous complex ETL processes

Benefit #1

Improved ability to handle data at scale

Benefit #2

Enabled faster time-to-solution at lower costs

Benefit #3

Eliminated the need for numerous complex ETL processes

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Overview

ABSA's Transformation into a Data-Driven, Digital Organization with Denodo Platform

Operational Impact

Quantitative Benefit