Enterprising Developments

4 Pieces of Advice for Virtualizing Your Data

Joe McKendrick
Insurance Experts' Forum, August 14, 2013

Data virtualization is seen as the answer to many of the woes that have afflicted data management over the years, from the expenses of data warehousing to information being siloed across departments and systems to the challenge of multiple formats.

To a large extent, the ability to abstract key data sources within a highly accessible service layer will pave the way to solving many of these issues. However, data virtualization isn’t a simple technology fix that happens overnight, or when a single vendor's solution is dropped into the data center. Rather, it is part of a strategy that the business and IT departments need to plan out together.

In their latest book, "Data Virtualization: Going Beyond Traditional Integration to Achieve Business Agility," Judith Davis and Robert Eve provide an outline of how to take the first steps into virtualizing an organization's data assets.

Centralize responsibility for implementing data virtualization. Key to this is to implement a common data model to ensure consistent, high-quality data, which also makes business users “more confident in the data and IT staff more agile and productive.”

Educate the business on the advantages of virtualization. “Allocate time to consult with business users and make sure they understand the data,” Davis and Eve recommend — and be prepared to provide support."

Pay attention to performance tuning and scalability. This is a critical success factor for any and all virtualization efforts, Davis and Eve said. Also, they say, “accommodate the fact that users are unpredictable on ad-hoc analysis and reporting.”

Take a phased approach to implementing data virtualization. Don't try to boil the ocean all at once. Start with one department and build out from there.

Joe McKendrick is an author, consultant, blogger and frequent INN contributor specializing in information technology.

Readers are encouraged to respond to Joe using the “Add Your Comments” box below. He can also be reached at maitlto:joe@mckendrickresearch.com.

This blog was exclusively written for Insurance Networking News. It may not be reposted or reused without permission from Insurance Networking News.

The opinions of bloggers on www.insurancenetworking.com do not necessarily reflect those of Insurance Networking News.

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Insurance Networking News, please use the form below to login. When completed you will immeditely be directed to post a comment.

Forgot your password?

Not Registered?

You must be registered to post a comment. Click here to register.

Blog Archive

On Thanking the Regulator … Really

The Financial Conduct Authority is demanding higher standards of consumer protection from insurers, which could lead to greater customer engagement and understanding.

Competing with the Coasts for Tech Talent

Are heartland-based insurers at a recruiting disadvantage for tech skills?

Putting Your Investments Where Your Transformation Is: Part 2: Optimizing Your IT Investments Portfolio

Sam Medina continues a 3-part series on Transforming the IT Investment Budget in order to fund new programs and initiatives without the necessity of additional capital expense.

Boosting Performance with Integrated Underwriting Tools

A unified, comprehensive platform can help underwriters perform their jobs more efficiently and profitably.

Apply Mindfulness to Leadership

Managers can benefit from applying this theory both to their career aspirations as well as to interactions and expectations of staff.

Opinion: Halbig Decision Creates New Level of Uncertainty for Obamacare

Time will tell if the Halbig decision remains viable. But in the meantime, a new level of uncertainty has been injected into the process.

Advertisement

Advertisement