The Modern Data Company Launches Industry's First Business-Ready Data Product Hub | Morningstar

Oct 31, 2024

The Modern Data Company Launches Industry's First Business-Ready Data Product Hub

New addition to the DataOS® platform empowers technical and non-technical users to independently discover and apply trusted data–significantly accelerating business impact

The Modern Data Company, a pioneer in data products that radically simplify how enterprises activate their data, today announced the Data Product Hub, a powerful new addition to its DataOS® platform. The Data Product Hub streamlines data consumption, serving the majority of data product use cases and enabling business users to leverage data products independently. The DataOS Hub democratizes access to trusted data and accelerates digital transformation across the enterprise.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031132180/en/

Snapshot of the Data Product Hub (Graphic: Business Wire)

The DataOS platform is already transforming how organizations build, manage, and use data products, solving complex data challenges with unprecedented speed to business value of up to 90% faster than traditional methods. The Data Product Hub takes this one step further by making these powerful data assets accessible to business users across the enterprise. While DataOS ensures data quality at its foundation, the Hub makes consumption effortless through business-friendly accessibility that provides clear context, quality metrics, APIs, including LLM APIs, GraphQLs, built-in governance and more. This combination accelerates the path from data to decisions, enabling organizations to build a genuinely data-driven culture.

"The Data Product Hub addresses one of the biggest pain points in modern digital business: data accessibility and utilization," said Srujan Akula, CEO of The Modern Data Company. "In an era of unprecedented data generation and growing demand for high-quality data to power both business decisions and AI models, it's time for organizations to shift from a focus on data management to data activation as the true business asset. The Data Product Hub supercharges DataOS by democratizing trusted data access across the organization, empowering business users to apply data to make confident, data-driven decisions without technical constraints. This breakthrough not only streamlines operations but also unlocks the real potential of an organization's data, fueling innovation and competitive advantage.”

A recent ThoughtWorks study revealed a stark reality: 87% of tech and data leaders are confused about where to find data. True "usable data" must be high-quality, universally accessible, and easily understood within its context. When organizations drown in raw data but lack accessible, usable data, they face critical decision delays and stalled business progress. This data accessibility gap not only slows time to insights but also hinders effective AI adoption, limiting an organization's ability to leverage advanced analytics and machine learning. Consequently, the transformation of raw data into actionable, contextualized information becomes not just beneficial, but essential for maintaining a competitive edge in today's data-driven landscape.

The Data Product Hub is able to power the majority of data consumption use cases with trusted, business-ready data, including:

Key features and benefits of the Data Product Hub include:

For more information on the Data Product Hub and DataOS, visit: https://themoderndatacompany.com/dataos/

About The Modern Data Company

The Modern Data Company is revolutionizing how businesses use data as a strategic asset. Its flagship platform, DataOS, is a cloud-native solution that solves complex data challenges 90% faster than traditional methods, at substantial cost savings. DataOS simplifies the entire data product lifecycle—from creation to deployment and maintenance—while uniquely supporting AI/ML era demands, including LLM and GenAI use cases, beyond conventional architectures. This empowers businesses to democratize data access for true self-service, accelerate time-to-market for data initiatives, and unlock data's full potential across the organization. By bringing software best practices to the data world, Modern is transforming data management with a focus on business outcomes.

For more information, contact:Unshakable Marketing Group - PR [email protected]

View source version on businesswire.com: https://www.businesswire.com/news/home/20241031132180/en/