The main motivation was their use of multiple technologies such as SQL servers and Oracle, spanning nearly twenty-five different databases. This multitude of data sources and information spread across various databases necessitated robust data integration and visualization capabilities. Denodo played a crucial role in enabling the bank to unify and visualize information from these disparate schemas and technologies. This achievement significantly enhanced their ability to derive comprehensive insights from the diverse datasets. Numerous insights and use cases have already been successfully implemented across various departments within the bank. These initiatives have encompassed areas like predictive analytics, customer behavior analysis, and the development of machine learning models for HR and revenue forecasting.
Denodo's products help reduce time to market for new products and promotions, ensuring they reach customers promptly. This prevents revenue loss, especially at the customer and complaint levels, among other benefits.
Denodo has three layers of security. It is integrated with Active Directory for authentication. It supports single sign-on within the organization, particularly in the banking sector, where it is a leader. This integration allows for auditing and monitoring of all staff members. This forms the first layer of security. The second layer involves fine-grained access control over specific tables, views, and even columns. Denodo provides specific controls to determine who can access which tables and columns at a granular level. The third layer consists of generic governance rules governing user groups such as development, operations, and administration teams. For instance, developers may have read-write access, administrators have full administrative privileges, and operations staff have predefined access rights. These rules govern the authorization and authentication processes within Denodo.
Denodo is not an expert in AI nor does it propose AI-specific use cases. However, its abstraction layer can inspire ideas related to AI, such as predictive analytics for customer behavior, complaints analysis, churn prediction, forecasting future revenue trends, and identifying new customer benefits for a bank's portfolio, for example.
It provide a six-month warranty post-production, followed by five years of product support. This includes updates, new batches, upgrades, and more. One admin and two development team are required for maintainance.
Overall, I rate the solution a nine out of ten.