Software intelligence company Dynatrace announced that it is extending its Grail causational data lakehouse
to power business analytics. As a result, the Dynatrace platform can
instantly capture business data from first and third-party applications
at a massive scale without requiring engineering resources or code
changes. It prioritizes business data separately from observability data
and stores, processes, and analyzes this data while retaining the
context of the complex cloud environments where it originated.
Dynatrace designed these enhancements to enable business and IT teams to
drive accurate, reliable, cost-effective automation and conduct
efficient ad hoc analytics covering a wide range of business processes.
Examples include order fulfillment and bill payments, service activation
and customer onboarding workflows, and the impact on revenue from new
digital services. Today's announcement builds on capabilities that
Dynatrace launched in October 2022, leveraging Grail to power log analytics and management. The company expects to continue to extend Grail to power additional development, security, IT, and business solutions.
Organizations depend on digital services to drive revenue, customer
satisfaction, and competitive differentiation. To optimize these
services and user experiences, business and IT teams increasingly rely
on insights from various business data, including application usage,
conversion rates, and inventory returns. Yet, traditional business
intelligence tools lack the speed, scale, flexibility, and granularity
required to deliver insights about services built on complex cloud
architectures. In fact, according to a study from Deloitte,
two-thirds of organizations are not comfortable accessing or using data
from their business intelligence tools. Business analytics in modern
cloud environments requires a new approach.
"Dynatrace gives us valuable insight into the business impact of our
applications' performance and enables our teams to proactively solve
problems, deliver better customer experiences, and drive more value for
our organization," said Stephen Evans, Head of Quality, Monitoring,
SRE/DevOps Technology at PVH.
"This enhanced capability to access and store all of our business data
provides the scalability our business needs. It also frees our teams
from the constraints of sifting through data to determine what is
valuable and what should be stored. Dynatrace's unique ability to
analyze all this data and deliver precise and contextualized answers in
real time enables us to improve our digital landscape."
"To drive digital transformation at scale, organizations need
trustworthy and real-time insights from their business data. Existing
solutions often rely on stale data, fail to deliver precise answers in
IT-context, and require manual maintenance and coding from engineers,"
said Bernd Greifeneder, Founder and Chief Technical Officer at
Dynatrace. "The Grail causational data lakehouse uniquely positions the
Dynatrace platform to overcome these hurdles. By elevating the priority
of business data to ensure it arrives unsampled and with lossless
precision, even from third-party applications where developers are not
accessible, business and IT teams using the Dynatrace platform can now
easily access valuable business insights on demand. This has the
capability to unlock nearly unlimited business analytics use cases,
allowing our customers to instantly answer their most challenging
questions with accuracy, clarity, and speed."