Customer data integration empowers businesses
Bring all your customer data together in one place so every team has what they need to deliver smarter, more personalized experiences.
Bring all your customer data together in one place so every team has what they need to deliver smarter, more personalized experiences.
The IT landscape is changing rapidly with the explosion of APIs, mobile, SaaS, and cloud services and applications. With more ways to connect than ever before, businesses are finding it necessary to change the ways in which they communicate with potential and existing customers. Vital information is scattered across departments and distributed throughout numerous applications, services, databases, and systems. Customer Data Integration (CDI) empowers organizations by providing a comprehensive a single view of the customer.
Customer data integration offers businesses a consistent and accurate view of their relationship with the customer. CDI gathers all data about a customer from disparate systems in various departments within a business and assembles it in a single location, making it easily accessible to multiple departments. This data includes but is not limited to personal data, financial data, risk levels, consumer behavior, and overall relationship with the company. Accurate customer data provides businesses insight they need to make well-informed decisions. More important than the data itself is managing and maintaining it to ensure it is accurate, consistent, and complete.
A broader term related to CDI is Master Data Management (MDM). Like the domain of customer data integration, MDM emphasizes the importance of congregating and maintaining a consistent view of a business’s core entities that may be dispersed across a number of applications, services, and systems. Similar to CDI, master data management allows organizations to gain deep customer insight as it helps businesses maintain definitive customer record in real time. With master data management, and specifically customer data integration, companies reap numerous benefits as they are able to easily merge, standardize, de-duplicate, cleanse, and transform data. MDM enhances the effectiveness of business processes by reducing risk, improving data privacy, and speeding up time to market. Moreover, MDM and CDI tools and software solutions improve multi-channel marketing by delivering a complete, single view of the truth - enabling a full view of the customer through a single platform.
Customer data integration can be challenging to implement effectively. A report conducted by Wayne W Eckerson in conjunction with TDWI states that the issue with data is that it degenerates quickly, becoming obsolete within as little as a month due to changes on the customer side and errors related to data entry, system migrations, and changes to source systems. These errors and changes can lead to inaccurate data and problems with customer interactions down the line .
The study found some additionally surprising statistics:
If the quality of data is worse than everyone thinks, businesses are essentially working with data that is inaccurate, misleading, and insufficient. A robust customer data management solution is necessary to help companies unify the customer profile.
A popular solution to the customer data integration challenge is point-to-point integration. Point-to-point integration, however, tends to be extremely brittle, complex, and expensive; often requiring experienced developers to manage and maintain it. The New Enterprise, highly fragmented and populated, consists of numerous disparate systems and application. As the amount of applications and services running within the enterprise soars and business requirements change, point-to-point integration prohibits scale, thereby becoming an unrealistic solution. Businesses end up with a tangled web of connections known as “spaghetti code”. As endpoints change, these connections become more and more difficult to change, as a simple update could disrupt the entire ecosystem.
An efficient customer data integration solution enables businesses to increase revenue, retain customers, and regulate compliance. With an integration solution that aggregates all customer related information, companies have access to data in a single location, making it easy to better market and sell to their existing and potential customers. Visibility into customer information across departments allows organizations to better serve customers, resulting in happier clients. Moreover, with an integrated solution, businesses can more efficiently deliver on compliance requirements as all the needed data can be accessed from a single location.
MuleSoft understands the importance of customer data integration and provides a platform to help businesses overcome the associated challenges. Anypoint™ Platform consists of a number of components that work together to simplify and streamline business ecosystems.
Mule as an Enterprise Service Bus, one of Anypoint Platform's core components, is the world’s most widely used integration platform used to connect applications and services on-premise and in the cloud. Mule ESB makes it easy to connect legacy and on-premise systems with cloud and SaaS applications such as Salesforce.com by leveraging a library of Anypoint Connectors. Connecting applications and services is effortless for developers as the connectors are pre-packed and ready to go - there is no need to learn how to develop with numerous programming interfaces. Such a solution makes it easy for companies to connect HR, sales, billing, CRM, marketing, social media, and analytics applications and services, whether they reside on-premise or in the cloud. Businesses looking to fully harness the power of their applications can turn to MuleSoft to create connectivity between popular integration solutions like Marketo, Salesforce, and more.
Mule as an ESB works with a number of other products to provide connectivity across the enterprise.
MuleSoft provides organizations with the products they need to seamlessly connect the enterprise to create a unified customer view on a single platform. These products eliminate the time-consuming need for custom code, as well as the need to purchase a standalone customer data integration solution. MuleSoft offers a customer data integration solution that works with existing applications and services - saving time, money and resources.
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