The Cost of Broken Data Links
Avoid broken data links
Persistent identifiers decouple the identification of data objects from their current location. This allows you to move data and decommission legacy applications while all important data links still work. Anyone can click and access data without needing to know where the information is currently managed. This avoids any business disruption and allows to ensure 100% compliance while at the same time reducing annual license costs in the range of tens of millions.
The 1st Enterprise Data Registry
All standard enterprise security mechanisms such as OAuth2 can be applied.
With the cloud cluster setup, Accurids ensures high availability and high performance for PID creation and resolution.
Accurids automatically connects differerent registered objects to form an enterprise knowledge graph as you go.
4 Steps to benefit from PIDs in your Organization
Your organization is creating thousands of data links in hundreds of systems every day. And each day you miss information, risk compliance issues, and increase your dependencies on vendors.
The following 4 steps will bring you back in control of your data and allow you to consolidate your IT landscape.
Some Case Studies at a Glance
Learn how others have realized the ROI by introducing an enterprise data registry.
Follow top pharma and life-science companies which already do this.
Consolidation of file sharing applications
File sharing is one of the very basics that all employees use every day to collaborate effectively. Previously SharePoint was used by many organizations, today people use Microsoft teams and OneDrive, Google Drive, Box, DropBox, or some other cool new system.
To collaborate, people create and share links to all kinds of documents every day. In a larger organization (consider top100 pharma), every week about 10,000 links are created and shared. About 1/3 of those are important and need to be long-term available.
To reduce complexity and license costs IT always tries to reduce the number of systems through consolidation. This makes sense from an IT and financial perspective - but every consolidation moves data, breaks links to critical information, and creates a huge business disruption. That's why people are afraid of migrations and delay necessary consolidations.
With persistent identifiers for documents and files, migrations become non-disrupting for users. All links can be easily redirected in a registry and consolidations can happen without issues.
Clickable Data References in Pharma Regulatory
Employees in the regulatory affairs department need to assemble information from many different data sources and continuously need to switch between applications. This consumes about 5% of their total time - just for switching between systems and searching for the right information.
Accurids Data Registry provides clickable data references. Users can now browse through different applications with 1-click - without re-entering information again and again.
- Faster access to data and better user experience.
- Saved about 5% of time for each employee.
Reference & Master Data Hub
Reference and master data are managed in many different applications. No larger organization has managed to fully centralize all reference and master data management. While distributed management has the advantages of flexibility and also integration into different business processes, it creates big redundancies - especially in the case of reference data (consider how many applications manage a country list).
Redundancies pose two issues:
- The subtle differences are integration barriers and lead to high mapping efforts
- The same reference data objects are managed multiple times with correspondingly high stewardship efforts
To address both issues large organizations need to augment the distributed management with a centralized governance and publication hub for reference and master data.
This brings two advantages:
- Clear source of truth for consuming applications.
- Reduction of redundancies through shared reference and master data.
In total, shared reference and master data provides about 16m$ annual cost savings in a 10k people organization as described in this case study.
Let's Get Started?
→ Learn more about ACCURIDS
→ Schedule a demo
→ Discuss your solution options