Data-based insights are a critical component of strategic decision-making in business today. We know this because, time after time, we’ve seen companies that successfully apply data and insights to their decision making perform better on key business metrics. They are 23x more likely to add new customers, and 9x more likely to retain those customers. They are also 19x more likely to be profitable.
These numbers paint a very clear picture: business leaders must bring data and insights into their decision making,
Application networks and APIs are a key enabler of the composable enterprise, creating a more agile organization and allowing for rapid responses to changes in market conditions, technology disruption, and business demands.
Adopting an API-led approach in your composable enterprise allows each newly developed API to add incremental value to your overall application network and market place. It allows new capabilities and architectures to emerge over time,
It’s common these days for digital transformation projects for lines-of-business teams to require integration. These folks tend to be less technical but have projects, such as creating an omnichannel experience, that requires data from backend systems to be unlocked. These people can struggle to integrate their legacy systems that don’t have APIs or lack visibility into what APIs are available for the endpoints they need to connect to get the job done.
I often get asked the question, “What is your data strategy?” It’s a bit of a tricky question as in some areas we do a lot with data, and in other areas, we do very little with it. The market has trained folks to believe they need to become ‘data-centric’ via a data strategy — and so it goes.
The data tools market has various solutions with overlap amongst the different segments which are defined differently by the analysts that cover them.
Some problems are “oak tree problems” and being a data-driven enterprise is one of them. An oak tree problem is one that is characterized by the need to have started working on the problem quite a way back in the past while also being specifically relevant today. The Chinese proverb “The best time to plant an oak tree was 20 years ago. The second best time is today.” describes this idea to perfection.
Data is at the core of transformation, yet 89% of IT leaders are still struggling with data silos
Around the world, companies are facing unprecedented disruption to their businesses and operations. This time of tremendous global change is putting the emphasis on digital business and the ability to adapt and connect to customers in new and meaningful ways. Organizations across industries are transforming to provide personalized, real-time healthcare, faster service agent time-to-resolution,
MuleSoft is continuously striving to increase the clock speed of digital transformation for our customers, and today we’re pleased to partner with leading robotic process automation (RPA) companies to make it even easier to automate repetitive tasks and unlock data from legacy UIs.
Just a few months ago at NRF 2020: Retail’s Big Show, I heard Ajay Banga, CEO and President of Mastercard say that humility must be at the heart of change and innovation. His statement gave me pause. It felt counterintuitive to the traditional view — that significant change or innovation stemmed primarily from intelligence, creativity, and experience — but it resonated with me. The truth is, so many challenges and opportunities arise from unexpected or unfamiliar situations where there isn’t an obvious solution.
Few trends have been at the fore more than digital transformation in recent years. Could 2020 be the year where reality finally catches up with the hype?
Recent research has revealed that nearly every organization is currently planning digital transformation initiatives, but there are still a number of challenges to overcome before most of them reach maturity.
MuleSoft provides the most widely used integration platform for connecting any application, data source or API, whether in the cloud or on-premises. With Anypoint Platform®, MuleSoft delivers a complete integration experience built on proven open source technology, eliminating the pain and cost of point-to-point integration. Anypoint Platform includes CloudHub™ iPaaS, Mule ESB™, and a unified solution for API management™, design and publishing.