Mulesoft: The Solution to Data Silos

Are you wondering, “what is MuleSoft?” Let’s begin with what it does instead of what it is.

According to Forrester’s report, companies get a 445 percent ROI on MuleSoft deployment.

Besides staggering ROI, MuleSoft offers:

  • Quicker development speed,
  • Faster project delivery, and
  • Economical maintenance.

By building a reusable integration code, businesses don’t need to redo integration all over again for a new project.

Further, per-project integration is a real gamechanger. As a result, maintenance time and cost parameters drop significantly.

Technologies like MuleSoft make IT modernization accessible to all businesses, irrespective of their size and scale.

Consequently, a competition to take the lead over the competition in the field of digital transformation has become stifling.

For all-around digital transformation, MuleSoft support is crucial.

How long a business can afford to confine data to the silos of departments is hard to tell.  It has consequences and comes with a cost.

Business transactions today go through at least 35 channels/systems/devices. That is loads of valuable data generated at every channel. But disconnection between various channels renders it useless.

The pressure is on companies to leverage integration platforms for bridging applications, data, and devices to ensure genuine digital transformation.

What’s Data Silo? 

An organization runs a number of systems on its premises, which store information.

But somehow information remains trapped, inaccessible to other systems/components of a business.

This reservoir of information, which others can’t access or draw useful insights from, is data silo.

What gives rise to Data Silos?

In most cases, companies have applications as high as 200  catering to the needs of various departments.

Data silos are bound to grow along with organizations, and factors such as technology, company culture, and organizational processes limit the sharing of information.

Here’s how data silos occur.

Internal Competition:

Because of internal competition in today’s companies, data remains trapped in individual systems. The question of sharing doesn’t even arise, lest you lose the competition to your rival department.

Structural Flaw:

Businesses have a strange affinity for hierarchies and layered structure. Consequently, internal divisions take place. As a result, data doesn’t flow but remains stagnant.

Technological Handicap:

Specific technologies for specific departments has been a norm that businesses adhere to fervently. Say, for example, the Sales department gets Salesforce. For Marketing, it’s different.

It restricts the sharing of information. Businesses lack not information or data, but technology, which integrates.

Using MuleSoft to get rid of Data Silos.

Why is it necessary to get rid of Data Silos?

It hinders businesses from viewing data comprehensively. Businesses are divested of comprehensive information because of siloed data.

Consider that a marketing team and sales team aren’t able to share information. Then, the marketing campaign suffers.

It generates inconsistent data. Duplicating data is not a valid option, because it can’t prevent data inconsistencies from creeping in.

Suppose a customer’s data is updated. It can’t be reciprocated automatically in the customer’s data on other systems.

Here’s Why Businesses Fail to Leverage Enterprise Integration.

For empirical decision-making, data is the bedrock and pays off majestically. Still, businesses fail to utilize it.

Because data silo is responsible for trapping data, businesses miserably fail to draw insights. Some reports suggest companies fail to utilize even half of the data captured.

The reason for such inefficiency is the lack of enterprise integration.

Here’s what hinders enterprise integration.

  1. Persistence with traditional integration software. Age-old integration software deployed in-house by businesses makes data silo issues much worse. They are expensive, hard to use, and inefficiently incompatible with cloud platforms.
  2. Point-to-point tools don’t offer a complete solution. Point-to-point tools connect and integrate seamlessly between two endpoints, but problems arise when there’s a need for, say, a third tool or system to integrate with the existing system. The scalability of such tools is limited. Getting rid of one data silo isn’t enough, as plenty crop up as a result of point-to-point tools.
  3. Custom coding isn’t feasible either. Businesses often consult integration specialists to build integration. Unfortunately, the time consumed for a single integration is weeks and days. By the time one integration is finished, the need for another arises

Businesses can’t solve the data silo problem by deploying any of the above.

A robust integration platform of modern standards is needed to solve as deeply entrenched a problem as data silos.

Here are some features of modern integration platforms like MuleSoft.

  • Data retrieval is rapid, easy, and efficient.
  • An easy drag-and-drop interface and no heavy coding for data extraction.
  • AI-enabled
  • Cloud and in-house software compatibility.
  • A multi-point solution, not point-to-point.
  • Scalability for any quantity of data.

What is MuleSoft? How much does MuleSoft cost?

No numerical value can quantify MuleSoft’s cost if you consider how much data silos cost businesses annually. The value it brings is worth the business itself!

Mulesoft is a frontrunner application integration platform. Businesses use it to connect or bridge impervious applications, data resources, and devices to get rid of data silos.

API (Application Programming Interface) connectivity leveraged by Mulesoft unifies on-premise as well as an on-cloud network of systems, apps, data, and devices seamlessly.

Businesses need technology to build a network of applications. MuleSoft provides exactly that.

Its impact on business functionalities is discerned from the fact that project delivery speeds up, and data is made easily accessible.

So, what exactly does MuleSoft do? Let’s try to explore it in detail…

What does MuleSoft do?

A large number of applications are in place in a business. Reports say only 29% of all applications are networked, indicating how strained businesses are. Consequently, integration can’t be ignored, unless on the business’s peril.

Connected experience is here to stay, not go.

For seamless cross-system connectivity, integration is imperative.

MuleSoft does exactly that – it brings together an organization’s applications, data reservoirs, devices for faster connectivity, and networking between systems by deploying APIs.

API’s ferry user requests to a system and returns with response spontaneously.

MuleSoft integrates a business’s data for a single-window viewing experience.

Businesses need to barge into data silos as early as possible.

Data silos are a storehouse of great business insights. Figuring out how to exploit data trapped in data silos had been an enigma.

Through data unification, MuleSoft enables businesses to get rid of data silos once and for all.

It offers a single viewing experience of customer data on its platform, besides connecting systems, leveraging automation, and AI.

MuleSoft’s API integration is reusable.

MuleSoft is an innovation to reckon with. It caters to all pain points and challenges that businesses face concerning integration.

Integration has become easy, fast, and efficient with MuleSoft. But what’s fascinating about MuleSoft is reusable integration.

That integration can be used over and again without having to redo the entire process.

Businesses achieve speed when it comes to project deliveries as a result of reusable integration.

Forrester has reported 445% of ROI to businesses, besides freeing up 90% of the time developers took to code new integrations and maintain APIs. Does it still matter to know how much MuleSoft costs?

Conclusion

MuleSoft undoubtedly has plenty to offer. Knowing that it’s the most trusted and robust enterprise integration platform creates questions like, “what does MuleSoft do?” Businesses need technology to unleash the real potential of data, and MuleSoft offers that.

Now businesses worldwide use MuleSoft to tap into data siloed in the dark corners of data silos.

In today’s competitive business atmosphere, streamlining data sharing is of utmost importance.

MuleSoft expands its integration framework to match the scalability of business, connecting all systems of an organization for a well-rounded experience.