Intelligent CIO Europe Issue 44 | Page 59

CASE STUDY

DNB , Norway ’ s largest financial services group , is working with Denodo , a leader in data virtualisation , to build a data science lab in the cloud . However , the company ’ s data scientists were spending more time on data preparation tasks that on building the models that would generate real business value .

To combat this , DNB implemented the Denodo Platform to easily transition to the cloud without affecting Business Continuity . The Denodo Platform helped the company ’ s data scientists to focus on building models rather than spending time on data preparation tasks .
With a data lake in AWS , multiple on-premise data warehouses and a Cloudera installation for real-time data streaming , DNB was managing a broad range of data sources . Instead of managing these individually , DNB used the Denodo data virtualisation platform to sit on top of the different sources and act as a data marketplace for the data science team . This provided a single point of access and enabled the data scientists to easily browse and explore the vast datasets spread across the company ’ s expansive data ecosystem .
We caught up with Aidan Millar , Chief Data and Analytics Officer , DNB , to find out how the solution has benefitted the company ’ s business operations and development capabilities .
Can you tell us about your role and the scope of your responsibility at DNB ?
My role as Chief Data and Analytics Officer ( CDAO ) is centred on injecting more ‘ I ’ into IT digital solutions . It ’ s all about ‘ going digital to the core ’ and changing the way people think and act towards data and analytics .
In Q3-2017 , DNB set a clear data ambition to leverage data-driven insights to reconnect and deliver services that are relevant in the daily digital lives of our customers . This was the trigger to hire a CDAO with the responsibility to institutionalise and fuel the change agenda to become a data-driven organisation .
Why did you choose to work with Denodo ?
An important priority was to create an effective and easily accessible data marketplace . DNB employs a cloud-first technology strategy , including a fully operational cloud-based ( AWS ) data science lab to deliver advanced data insights ( 200 + active advanced data analytics users ). One of the challenges was how to democratise data while also managing access rights to a complex suite of data assets – balancing the ‘ protect ’ and ‘ grow ’ the bank agendas .
Modern data virtualisation tools helped to address this challenge . For DNB , Denodo was a practical choice in our decisionmaking process ; it is a market-leading vendor in the data virtualisation space with an expansive set of data adapters and wide-range of existing customers . The solution addressed a capability gap in our solution architecture . Denodo has enabled us to accelerate and control access to data across the organisation and

FOR DNB , THE IMPERATIVE

IS – AND WILL ALWAYS BE – TO STAY RELEVANT TO CUSTOMERS IN THEIR DAILY DIGITAL LIVES .

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