Data integration solutions play an important role in the way businesses transact and do business. However, that same data integration comes with a specific set of challenges that can reduce the efficiency and overall efficiency of businesses.
In this blog post, you will learn about such challenges and how modern AI-powered solutions can help businesses overcome those challenges.
Challenges of Data Integration
- Slow Onboarding: Companies that rely on traditional data integration methods take weeks or months of calendar time to onboard new business customers. IT teams need to create complex custom codes and build EDI mappings to implement data connections with customers. As a result, customers become frustrated and remain unsatisfied with the service. This creates a dent in the company’s brand image and its bottom line.
- Burdened IT: When traditional data integration methods are used, IT professionals must spend a lot of time building custom codes to implement data connections. This not only consumes their time, it also redirects their focus away from highly strategic tasks like optimizing system architecture, bolstering governance, or improving cybersecurity measures. Instead, they find themselves running routine and repetitive processes of manual coding. This kind of diversion represents a missed opportunity for IT experts to offer substantial value to their businesses.
- Increased Cost: When companies rely on traditional data integration methods, they require extensive manual labor that increases labor costs as IT invests time in data mapping and coding tasks. This triggers project delays, causing missed business opportunities and elevated operational costs. In addition, the frequency of errors in manual data integration can require teams to make costly corrections and consume resources. What’s more, inefficiencies in data integration approaches can cause operational bottlenecks and ultimately increased costs.
How AI-Powered Solutions Can Resolve the Challenges
AI-powered solutions provide a transformative approach to resolving these challenges. First, these solutions use self-service to enable non-technical business users to onboard customers 80 percent faster. Users need to point and click through screens to create onboarding connections. This enables companies to deliver the value promised to customers and grow revenue.
What’s more, AI-powered solutions reduce the burden on IT by enabling non-techie business users to implement data connections, freeing IT teams to drive more strategic and high-value tasks. This redirection of IT expertise can increase operational efficiency and reduce resource utilization costs. Overall, AI-powered solutions improve efficiency and facilitate automation to data integration, eliminating the costly errors and time delays associated with traditional methods, and ultimately contributing to cost reduction.
Contact our integration experts and schedule a demo to learn how our AI-powered solution can help your business overcome these challenges.