Denodo Technologies > Case Studies > Swiss Re Creates 360° Views so Business Users Can Gain Faster Time-to-Value

Swiss Re Creates 360° Views so Business Users Can Gain Faster Time-to-Value

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Company Size
1,000+
Region
  • Europe
Country
  • Switzerland
Product
  • Denodo Platform
Tech Stack
  • Oracle databases
  • DB2 databases
  • Excel sheets
  • OData standard
  • NoSQL databases
  • Hadoop clusters
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Digital Expertise
  • Productivity Improvements
Technology Category
  • Analytics & Modeling - Real Time Analytics
  • Platform as a Service (PaaS) - Data Management Platforms
Applicable Functions
  • Business Operation
Use Cases
  • Predictive Quality Analytics
  • Real-Time Location System (RTLS)
Services
  • Data Science Services
  • System Integration
About The Customer
The Swiss Re Group is a leading wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer. Dealing directly and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations, and public sector clients. Founded in 1863, Swiss Re operates through offices in more than 25 countries. Swiss Re was ranked 118th in Forbes’ 2000 Global Leading Companies of 2016. Swiss Re is based out of Zurich, Switzerland, and generated $35.7B in revenue in 2015 with 12,767 worldwide employees.
The Challenge
Swiss Re's internal business users needed a 360° view of the relevant data. In the past, the company had difficulty creating true 360° views, because Swiss Re was relying on a traditional architecture that was not delivering all of the relevant information to the data warehouse. Swiss Re therefore planned to implement an agile data integration platform to complement its traditional data warehouse. This would enable real-time data integration and make business decision-making faster and easier. Furthermore, the consuming applications would access the relevant data via the OData standard and provide easy data access for end users, portals, and applications.
The Solution
To meet the needs of its internal clients, Swiss Re introduced data virtualization using the Denodo Platform. This platform first accesses a variety of data sources such as Oracle databases, DB2 databases, and cached Excel sheets, in real-time. Next, it establishes a service layer based on the OData standard. Using Denodo's OData service, the linked and combined data is made available to a number of consuming applications, such as web based portals for operational use, and business intelligence tools, and it provides a holistic view of the relevant data.
Operational Impact
  • The Denodo Platform enables the rapid integration of multiple data sources.
  • It enables use cases that would otherwise be difficult to implement such as real-time data from transactional systems, larger data stores, external services like newsfeeds, and data for smart analytics from a variety of data stores.
  • The Denodo Platform provides all-inclusive views of critical information.
  • The platform has also reduced development time and enabled the construction of simplified data models with new functionality.

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