Every organization struggles with managing their data, particularly in making it easily accessible to all users. Without SQL skills, users often have to rely on scarce data analysts to extract the necessary information, leading to delays and potential inaccuracies in the data. The solution to this problem lies in treating data as a product, serving multiple use cases and users more efficiently.
Data as a product (DaaP) involves applying product thinking to building data sets, ensuring they have capabilities such as discoverability, security, and reliability. This approach aims to shift the mindset of data professionals so that data sets are viewed as products for other data professionals in the organization to utilize.
IBM has introduced the Data Product Hub, an internal data marketplace that packages data products for easy discovery by data consumers. This platform allows users to create, share, discover, and reuse selected data, streamlining the process of accessing data for decision-making without relying heavily on the data team.
To ensure the success of DaaP within organizations, data products must be registered and quality checked, with metadata and contextual information provided. Access to data products is managed through internal governance policies, making it easier for potential users to discover and access the data they need.
IBM offers two sales options for their Data Product Hub: a lightweight SaaS option for an annual subscription fee and a customer-managed on-premises option for an annual license. The platform can be integrated with various cloud services, making it versatile for different industry needs.
With the increasing importance of data quality in AI-driven decision-making, the concept of data as a product is gaining traction in the enterprise world. While IBM is a key player in this space, there are also competitors providing similar technologies. DaaP is seen as a capability that will become essential for organizations seeking to effectively manage and utilize their data assets in the future.
Article Source
https://diginomica.com/ibm-unveils-its-essential-data-product-hub-enterprises-ponder-how-best-democratize-data?amp
