As organizations strive to unlock the value of their data, they are turning towards data modernization initiatives that involve acquiring new technology and implementing advanced analytics. Some organizations have taken this effort to the next level by adopting advanced techniques such as migrating to data warehouses, building Hadoop Data Lakes, migrating to the cloud, setting up real-time data ingestion and processing platforms, consuming and processing semi-structured data, and building sophisticated AI/ML engines for predictive analysis. Despite these ambitious initiatives, most are siloed and have been limited in their success and impact.
Data Modernization is a challenging endeavor, and over 70% of organizations that have embarked on some form of data modernization encounter challenges in completing these programs as planned (and expected). Many such programs exceed the budget and often end up with a curtailed scope or are put on hold to be started later.
Some of the most common challenges are:
While technology, plans, and designs are essential components of success, ultimately, the commitment and intelligence of your data modernization partner will bring the project to life and move the needle toward success. Virtusa's Data Modernization solution suite provides a unique range of tools, accelerators, and frameworks that specifically address the challenges in each of the building blocks of your data modernization program and can deliver an optimal tailor-made experience.
Virtusa's Data Modernization approach and solutions helps businesses throughout their modernization journey- from planning to business value.
We seek to accomplish your vision using a unique set of tools, frameworks, and accelerators which address and solve challenges and barriers hindering successful data modernization. The following are some of Virtusa's offerings to guide businesses through their data modernization journey: