Benefits of ODS
Data is essential for any business. It helps in strategic decision-making, driving operational efficiencies, and improving customer experiences. However, in order for data to be useful, it must be accurate, timely, and easily accessible. This is where an ODS – Operational Data Store can be invaluable. An ODS is a central repository of near real-time data with versioning that can be used by multiple applications and systems.
Features of ODS – Operational Data Store:
- One of the key features of an ODS is Data Lineage, which tracks the history of data as it moves through the warehouse. Data Lineage is important for maintaining data quality and integrity, as well as for auditing and compliance purposes.
- Another key feature of an ODS is data versioning, which allows multiple versions of a record to be stored in the warehouse. Data versioning helps to understand how the changes happen over a period of time for a record.
- Finally, an ODS typically includes a mechanism for data synchronization, which ensures that data in the warehouse is consistent with data in the operational systems. Data synchronization is important for preventing errors and ensuring that reports and analytics are based on accurate data.
ODS can provide many benefits over traditional data warehouses, including the following:
- More timely and accurate data: ODS can provide near real-time availability of information for operational decision-making, rather than being limited to batch updates from upstream source systems.
- Enhanced Reporting and Analysis: Users can generate operational reports and conduct analysis more efficiently when all of the relevant data is stored in one place. It acts as central repository to answer any queries and reduces the number of hits to the transactional systems
- Reduced Development Times: An ODS can save time and money by reducing the need for custom development of ETL scripts or other integrations.
- Improved scalability – An ODS can often scale more easily than a data warehouse since it does not need to support complex ETL processes.
- Increased flexibility: An ODS can more easily accommodate changes in requirements or data sources, due to its simplified architecture. Additionally, the use of standard SQL for queries makes it easier for business users to access data in an ODS.
Overall, an operational data store can provide many advantages over a traditional data warehouse, making it a valuable tool for supporting operational decision-making.
How DataFinz helps to build an Operational Data Store?
DataFinz is the No Code Data Integration Platform which simplifies the integration activities. ODS Pipeline Engine is designed to extract the data from the different source systems (incrementally or in bulk mode), performs delta processing logic, and maintains the ODS with the versions. Using DataFinz, only the configuration of the source transactional systems and the target ODS are needed. The core logical part of ODS is taken care of by the ODS Pipeline Engine.
DataFinz ODS Pipeline – Core Features:
- Builds ODS from any enterprise applications, Database, Flat files, APIs
- Easily Configurable option to track version or without a version of Source
- Auto-selection of Primary key & audit fields
- Manage Bulk or Incremental loads
- Job History and Statistics
DataFinz ODS Pipeline – Benefits:
- Create Operational Data Store in Clicks
- Shrink the project timeline and provide value to the business quickly
- Standardize the process to build ODS
- Free up Technical resources