• Sep 24, 2021
  • Goutham
  • Solutions, Websites

Data, Consumer Intelligence, And Business Insight Can All Benefit From Pre-built Accelerators

artha

Personalized software development can be expensive. That’s why organizations are constantly on the lookout to minimize these costs without compromising on quality.

Even though off-the-shelf software is a more economical choice to progress in the market quicker, they also possess functionality gaps upon deployment. The true aim of software development is to come up with strategic leverage for the business to stand leagues apart from the competition.

This is why pre-built accelerators are important for data implementation. Pre-built accelerators provide businesses both speed and personalization without negatively impacting the quality. Since these solutions have been tested in live ecosystems, pre-built accelerators are far more reliable than segments built from the ground up. Today, this blog will take a look at how pre-built accelerators can help business insights, customer intelligence, and data in an organization.

What Are Pre-Built Accelerators?

Pre-built accelerators refer to ready-to-use application segments for businesses that can aid in developing custom software solutions rapidly. These components are the building blocks for business software and mitigate the most commonly occurring challenges of the organization.

Some examples of pre-built accelerators are:

  • Web service frameworks
  • User interface controls
  • User management as well as authentication frameworks
  • User interface layout components

What are the Benefits Of Pre-built Accelerators?

Many application software has similar demands and implementation protocols. However, instead of recreating the cycle for every new software, pre-built accelerators facilitate reaching the same outcome quicker and for a lower price.

Listed below are a few of the biggest benefits of using pre-built accelerators:

1. Expedite Time Taken to Deployment

Many organizational problems need personalized solutions. However, developing software from the get-go may be too expensive or time-consuming. When a business is struggling to reach the market, discovering ways to quicken software development is essential.
Pre-built accelerators can assist businesses to do that by providing ready-made and pre-tested application segments that can integrate with the new software seamlessly

2. Mitigates Business Challenges

When creating custom software, many organizations may face common challenges, such as data governance, user authentication, interface response across multiple devices, and improving test automation frameworks that ensure quality assurance apart from manual testing.
Pre-built accelerators present a tested solution that is ready to be integrated and costs lower than custom software development built from the bottom.

3. Mitigate Software Development Risks

The development of custom software is accompanied by huge risks since every feature is being built from scratch. It is a time-consuming and expensive affair where there is no guarantee for a positive outcome.
Getting a pre-built accelerator facilitates the development of software with the help of trustworthy and verified components. This helps with dependability, scalability, business insights in terms of the application’s responsiveness.

4. Technical Skills Optimization

While pursuing digital transformation, skills revolving around newer technologies are expensive and difficult to hunt down. Taking advantage of pre-built accelerators can lessen the effort and time taken to assemble the best team, making sure that businesses don’t miss the opportunity to deploy before their competitors.

5. Concentrates on Differentiation

Using pre-built solutions also makes space in the bandwidth of the team to create features or capabilities that can separate your business from other competitors, which is a capability that can only be provided by the internal development team. The less time they spend on creating more functionality that can be integrated from other sources, the more time there is to develop better capabilities for competitive leverage.

6. Follows Best Practices

Since digital initiatives consist of new and growing technologies like Cloud Computing, the Internet of Things, and wearables, it can be a challenge to fully realize the potential difficulties or failures. With pre-built solution capabilities, businesses can enjoy peace of mind while generating better quality. This happens because everything is already tried and tested. For example, when pursuing data implementation, businesses make sure that they check all the boxes of compliances, but by using pre-built solutions, they can skip the skittishness of making mistakes or mission out details because it has already been tested and approved. By using pre-built solutions, businesses can focus better on the results and reporting.

7. External Perspective

When businesses build all the components to software on their own, they can miss out on outsider perspectives that can help them bring new ideas and avenues that hadn’t been thigh of previously. For instance, many developers may consider that the only route to leverage machine data is using a predictive-maintenance lens. However, there exists a plethora of ways to take advantage of this information such as automated root-cause analysis and predictive quality.

8. Can Experiment Freely

High investments at the start without adequate ROI can pose threats to a business while developing new technological capabilities. Digital transformation especially demands lots of experimentation and pilot runs before they expand. However, it is not possible when the company has already spent big bucks initially. By using the help of pre-built accelerators, businesses can experiment without putting excessive pressure on the budget.

Wrapping Up:

Whether you are setting off the digital transformation from scratch or bringing up new software or environment experiences, moving quickly is a mandate for businesses that are always in the race. today “fail fast” is one of the most common ideologies in the technocratic world. However, every business person understands that a capacity to tolerate failure does not always mean guaranteed success. Businesses adopting a full-scale and end-to-end while employing accelerators benefit from quicker time to market and a lot more. These benefits are further magnified if the ready-made code is made by vendors with a strong grip on the business and technology such as Cloud computing or AI.

Related articles

  • Blog
artha
Mastering Data Evolution: The Transformative Power of AI-Driven MDM

The landscape of data management is evolving rapidly, and traditional MDM approaches are facing new challenges. The volume, variety, and velocity of data are increasing exponentially, making it harder to keep up with the changing data needs and expectations.

  • Blog
artha
Navigating the Cloud: Unravelling the Power of Cloud MDM in Modern Data Management

Traditionally, organizations deployed MDM solutions on-premises i.e. installing, and maintaining them on their own servers and infrastructure.

  • Blog
artha
Top 5 Trends in Master Data Management

In the era of digital transformation, businesses grapple with not only a surge in data volumes but also increased complexity, and stringent regulatory demands. Addressing these challenges necessitates the adoption and evolution of Master Data Management (MDM). Master data management (MDM) is the process of creating, maintaining, and governing a single, consistent, and accurate source […]

  • Blog
artha
From Data to Insights: Cultivating a Data-Driven Culture for Business Growth

Data is an asset for businesses. It holds the power to unlock valuable insights and drive informed decision-making. But data alone is not enough to drive business growth. You need to turn data into insights and insights into actions. You can do that by cultivating a data-driven culture in your organization. A data-driven culture is where data […]

  • Blog
artha
Decoding Efficiency: The Transformative Role of Data Catalogues in the Financial Sector

Data catalogues play a pivotal role in organizations by assisting in managing, organizing, and governance of data assets. This not only enhances operational efficiency but also facilitates more informed decision-making. This metadata management tool that enables users to discover, understand, and manage data across the enterprise. It provides a central repository of metadata, including: Data […]

  • Blog
artha
Key Data Management Trends That Defined This Year: Embracing 2024 with Top 5 Trends

Explore the future of data management with our blog on the key trends that drove 2023 and anticipated in 2024. From data democratization through Mesh and Fabric technologies to enhancing GDPR compliance with data masking, leveraging Industry 4.0, and the growing impact of DataOps, stay ahead in the evolving data landscape.

  • Blog
artha
Telecom Industry and Data Governance: A Symbiotic Relationship 

The Technology, Media, and Telecommunications (TMT) industry is rapidly transforming, fuelled by remote working, the advent of 5G networks, and other groundbreaking innovations. This technological revolution has led to the generation of vast amounts of data, often left untapped, hindering organizations from realizing their full potential. Harnessing this data strategically through data governance is pivotal […]

  • Blog
artha
Data Modernization: Revolutionizing Business Strategy for Competitive Advantage

Data modernization is critical given that companies are increasingly relying on data as business differentiator. Here is our take on that.

  • Blog
artha
The Quest for Data Consistency

Data, as they say, is the new oil. But, like oil, data needs to be extracted, processed, and refined before it can be used effectively. Data quality is a crucial aspect of data management, as it affects data accuracy, reliability, and usefulness. One of the critical dimensions of data quality is data consistency, which refers […]

  • Blog
artha
The Role of Data Management in Driving Digital Transformation

Digital transformation goes beyond the mere adoption of new technologies or tools. It entails a fundamental shift in how organizations harness the power of data to drive value,

  • Blog
artha
Creating A Competitive Edge With Talend Data Management

Talend is an ETL tool that offers solutions for big data, application integration, data integration, data quality, and data preparation. Talend’s big data and data integration tools are widely utilised. Customers are given access to Data Integration and Data Quality features through the Talend Data Management Platform, which may be used for batch data processing. […]

  • Blog
artha
Data Science Solutions: Reinvents Business Operations

Data science is a vast subject with numerous possible uses. It reinvents how businesses run and how various departments interact, going beyond simple data analysis and algorithm modelling. Every day, data scientists use a variety of data science solutions to solve challenging problems, such as processing unstructured data, identifying patterns in massive datasets, and developing […]

  • Blog
artha
Are Your Data Governance Initiatives Failing? You must read this

In today’s dynamic and ever-changing organisational environment, data governance is a pressing need. Businesses today collect enormous amounts of data from several sources while data governance aids in risk management, value maximisation, and cost reduction of the data accumulated. Data governance, in a nutshell, is the activity of being aware of where your data is, […]

  • Blog
artha
Cloud Migration Strategy – 6 Steps to Ensure Success

As organisations progressively shift their apps to the cloud to stimulate growth, success in the contemporary digital environment entails embracing the potential of the cloud. Despite making such significant investments in the cloud, one in three businesses never reap the rewards. After adopting the cloud, 33% of firms reported little to no improvement in organisational […]

  • Blog
artha
How MDM Lite will help Improve the Standards of Your Master Data Management

Efficiency is the key to functionality in the long run. Companies and businesses go length and breadth to achieve efficiency in all parts of their operations. From short-run operations to long-term outputs running a business efficiently and effectively is the main task for the top management. It is the management’s responsibility to avail better and […]

  • Blog
artha
Make the Most Out of Your Data With a Data Ingestion Framework

Forward-thinking businesses use data-based insights in today’s fast-paced global market to identify and seize major business opportunities, create and market ground-breaking goods and services, and keep a competitive edge. As a result, these businesses are gathering more data overall as well as new sorts of data, like sensor data. However, businesses need a data ingestion […]

  • Blog
artha
6 Critical Challenges in Implementing Cloud Migration Solutions

Cloud computing has caught momentum with the rise in cloud providers and solutions over the past ten years. Studies show that companies around the world are gradually integrating the cloud into their infrastructure. However, you should formulate a strategy for cloud migration solutions before your company takes the step towards transformation, including an understanding of […]

  • Blog
artha
Drive Innovation in Business Operations With These 5 Digital Solutions

Digital business solutions are particularly effective in boosting corporate productivity since they eliminate numerous roadblocks in communication. By using digital technologies to automate some operations, businesses may operate and produce more effectively while reducing the chance of human error. Here are 5 Digital business solutions that can improve the company’s operations. Project Management Companies need […]

  • Blog
artha
6 Master Data Management Strategy Tips Essential for Business Success

Master data management Strategy (MDM) describes the rules for collecting, gathering, combining, de-duplicating, regulating, and managing data collectively throughout a corporation.

Big Data For Small Businesses: How They Give Companies An Edge

oil was the most valuable commodity available in the 20th century, data has snatched the crown for the 21st century.

The Evolution of Digital Transformation Services in Banking

The way in which banks and other financial entities engage with, appraise and reward customers has to change significantly.

Want Enterprise Efficiency? Look Out For Digital Transformation Trends!

Today, the Internet of Things and Cloud technology govern business operations across industry verticals, no matter which sector they belong to.

What is Enterprise Data Management, and How Does it Help?

Whether it is a start-up or a well-established business giant, they all need to handle and manage a large amount of data. Mishandling of data can create chaos and disturb the smooth functioning of various departments, leading to poor outcomes.

Customer 360: The Master Data Management Solutions SMES need

The concept of 'customer 360,' or having a single view of all your customer data, is gaining traction in trade publications, analyst circles, and even mainstream media. But what exactly is a customer 360?

How to Choose the Right Managed Cloud Services Provider for Your Business?

Businesses are increasingly relying on cloud services to support their business infrastructure (databases, performance, storage, networking), software, or services to support performance, flexibility, innovation, scalability, and provide cost savings at the same time.

Future of Data Governance Services: Top Trends For 2022 and Beyond

There was a time in the early 2000s when data governance was not really a thing. Surely, there were pioneers back then who laid down the groundwork for data governance, but it wasn’t still taken seriously.

7 Best Practices That Help To Avoid Common Data Management Mistakes

Considering big data applications are growing at such a rapid rate, more and more firms are opting for digital transformation to stay relevant and up to date with the latest trends.

Data Governance Vs Data Management The Difference Explained

People often wonder if there is any difference between Data Governance and Data Management.

Unmask the 3 Levels of Holistic Data Governance Strategy

Gathering quality data is the first step towards business success. However, the growth of the same business relies on the usage of given data. The trick to any successful business nowadays is defined not by the data collected, but by the best use of data. As important as data is to a successful business, it […]

What’s The Foundation of Hybrid Cloud Self-Service Automation?

In the last one decade, cloud application delivery has become extremely important but undeniably complex, sometimes getting out of direct control.

Choosing The Best Methodology for a Successful Data Migration

Modern-day businesses need modern-day data operation solutions. A company that excels at its core competence and yet fails to manage its data well, will underperform in the market because data is the basic infrastructural unit of every business now.

Digital Transformation Services: Company Transition Strategy and Framework

For a long time, Digital Transformation existed as a futuristic organizational fantasy but quickly transformed into a reality as the pandemic took over the world.

Typical Data Migration Errors You Must Know

Data migration is the process of transferring data from one software or hardware to another software or hardware. Although the term only means as much, it is typically used in reference to more prominent companies with huge amounts of data.

Talend Improving on iPaas to Provide Better Data Quality

Talend is a data integration platform as a service (iPass) tool for companies that rely on cloud integration for their data.

The Role Of Microsoft Azure Datalake in Healthcare Industry

The Healthcare industry has surprisingly evolved to be the producers of maximum amount of data in the current times, especially after the Covis-19 pandemic.

How To Overcome 9 Common Data Governance Challenges

Overcoming Data Governance Challenges- As data becomes the most household word of the decade, the discussions about data governance are massively confusing. Some call for it, some ask for zero interference and some ask that the government own the data.However, here are the 9 most common challenges involved in data governance. 1. We fall short […]

How Modernizing ETL Processes Helps You Uncover Business Intelligence

We live in a world of information: there's a more significant amount of it than any time in recent years, in an endlessly extending cluster of structures and areas.

5 Ways Talend Helps You Succeed At Big Data Governance and Metadata Management

Concerning these and several of the hurdles big data governance can pose to organizations, metadata management can be a precious asset.

Do you know how single customer view is critical to business success?

Similarly, other businesses may use data and attract your loyal customers with a great personalized experience, deals, cashback, etc.

Here Are 9 Ways To Make The Most Of Talend Cloud

The business ecosystem at present majorly revolves around big data analytics and cloud-based platforms. Throughout companies, the functions that involve decision-making and day-to-day operations depend on data collected in their data storage systems.

How To Get Started With Migrating On-Premise Talend Implementations To The Cloud

If you’re an on-premises Talend client, and your organization decides to move all the operations to the cloud, you have a huge task ahead of you.

The Right Digital Transformation Strategy Will Change The Game

Digital transformation refers to the amalgamation of digital technology into all the aspects of an organization. Such change brings in fundamental shifts in the manner that a business functions.

How to Choose the Right Data Management Platform for Your Business?

A Data Management Platform helps organizations conduct centralized data management and data sorting, giving businesses greater control over their consumer data. For example, in marketing, a DMS tool can collect, segregate, and analyze data for the optimization, targeting, and deployment of campaigns to the correct target audience. Data Management Platforms gather information from first-parties such […]

Unleashing Talend Machine Learning Capabilities

This article covers how Talend Real-time Big Data can be used to effectively leverage Talend’s Real-time Data processing and Machine Learning capabilities.

Achieve better performance with an efficient lookup input option in Talend Spark Streaming

Using a lookup input component will provide heavy uplifting in performance and code optimization for any Spark streaming Job.

Quick Start Guide: Talend and Docker

This article is intended as a quick start guide on how to generate Talend Jobs as Docker images using a Docker service that is on a remote host.

Talend Cloud & AMC Web UI: Hybrid approach

Talend Activity Monitoring Console is an add-on tool integrated into Talend Studio and Talend Administration Center for monitoring Talend Jobs and projects.

Talend Studio Best Practices – Increase Studio Performance and Settings

Lets discuss about Talend Studio best practices, Issues/Fixes/Recommendation’s at studio level.

Fastest MDM Rollout

Thus, what was the best way for Carhartt to do so? The best solution was to shift from a multi-channel approach to an Omni channel retail experience.