Accedian and Tranquil Data announce a global data analytics partnership across application monitoring, digital transformation and digital experience

Modern data challenges and opportunities in the context of CXO challenges

Today, Accedian and Tranquil Data announced a partnership to address one of the most acute challenges Chief Information and Innovation Officers face – maintaining end-to-end observability across their data management systems and managing the resulting third-party risk.

Creating new revenue streams and business opportunities from first- and third-party data means moving that data from individual systems of record into aggregated data platforms. This creates value, but also amplifies risk as the context of the originating systems are lost. Context answers questions like where data comes from or what its business purpose is. It is the missing piece to unlock observability and quality of experience (QoE) in hybrid and aggregated environments. 

The need to provide clear insight into where data came from, how it was used, and whether requirements across users and jurisdictions are met is paramount in today’s complex operating environment. As an example, in a common pattern data flows from SAP or Oracle through an ingest and enrichment process into a new data platform backed by Parquet files stored in S3 and accessed via Spark.

To meet your service agreements, each flow on behalf of first or third party data must be identified and held accountable to the same business requirements as those from each originating system of record. Accedian’s Skylight and Tranquil Data both act transparently in these pipelines, sitting between applications and data management systems. Together they seamlessly collaborate in enrichment pipelines and connect data to its context.

This is the clarity and power of Accedian’s and Tranquil Data’s analytics partnership. Addressing third party data risk has never been greater for CIOs as the volume, variety and velocity of new data streams increase across their cloud deployments, data platforms and private networks.

By automating context management as first and third-party data lands in a data platform, Chief Information Officer’s legal and audit stakeholders’ gain governance and compliance capabilities. They can see that data is connected to business requirements, and they have a new first-class data set to use for discovery and diligence.

By providing legal, product, and compliance teams with clarity about the rules and agreements around segments of their data, Chief Marketing Officers and Chief Commercial Officers can unlock new revenue from their data by demonstrating new uses for data are valid against service agreements. The joint solution from Accedian and Tranquil Data proactively ensures that data use is as intended and aligned around business operations from monetization, risk, audit and quality of experience requirements.

By offering a transparent platform that is easy to orchestrate and automate, application development teams gain agility early in product creation. They can use the joint solution in CI processes to validate that code matches business requirements, and gain assurance that deployments will be manageable for thorough context at scale. 

By optimizing data platforms with Accedian Skylight and Tranquil Data for context around lineage and use, it becomes possible for the platform to implement isolation and segmentation aligned with business requirements. This enables IT and Data Science teams to build and harness next-generation data solutions faster and with more agility, because it becomes simple to demonstrate the context of data used to arrive at specific insights, and the rules and agreements that read on those insights.

Empowering global legal and audit teams with context and monitoring around data lineage and provenance is at the heart of the Accedian and Tranquil Data partnership. As the volume and power of data systems continues to mature, global multinationals are seeking new services and systems which enhance their proactive application monitoring and modeling capabilities. Improving quality of experience (QoE) while in parallel addressing Quality of Service (QoS) across a business’s most valuable networks is of paramount importance to CIOs and their General Counsels.

Without a solid understanding of what they can do with data, how (or if) they can leverage it, and where they should invest their most valuable data science resources, Chief Digital Officers and Chief Technology Innovation Officers are unable to evolve their product offerings and expand their business to support the outcomes CEOs and CFOs require in today’s complex global operating environment.

A lack of proactive, policy-based data services not only makes internal and external developers less effective and hinders the execution of new business opportunities, it also leaves compliance officers and other business stakeholders in the dark, and leads to complex audit and diligence processes.

The power of Accedian Skylight paired with Tranquil Data will give CIOs and Chief Digital Officers unprecedented visibility, intelligence and control across their data platforms and cloud analytics platforms. We’re excited to be working together to tackle this core set of challenges and help the world’s largest companies accelerate the value in their data. If you’d like to learn more about how we’re harnessing context, please get in touch.