Data Fusion is the art of intelligently linking data from disparate data sources to create a holistic picture that serves a business scenario.
For example, a financial analyst might want to trawl the latest analyst reports for the companies in his portfolio and combine them with the companies’ latest SEC K10 filings. A product manager might wish to track customer reviews of his latest product across a range of sellers. An app developer showing real-time movie ticket availability might want to include plot summaries of movies from IMDB and reviews from Rotten Tomatoes along with movie showtimes. A healthcare analytics company might need patient information merged and reconciled across multiple health data repositories.
The data sources often don’t have to be external. It’s not uncommon for data to be in isolated silos within an enterprise. Obtaining a complete picture of their customers by linking store transactions with online browsing is a big pain point in many e-commerce companies.
While the need for data fusion is clear, the process of fusing data today is far from ideal. In many cases, it’s manual. This is, of course, error-prone and brittle. Even if the process isn’t manual, it’s typically done in an ad-hoc manner that doesn’t scale.
At RedSieve, we have extensive experience working on Data Fusion solutions across a broad set of domains - e-commerce, financial data, reputation management, identity information, health care - to name a few. Therefore, we have built the general-purpose RedSieve Data Fusion Platform from the ground up. The platform is highly scalable, effortlessly able to handle millions of data elements in realtime. The platform is easily configurable - with appropriate configurations, it can be made to work across a series of domains and use cases.
Example 1:
A recruiting company needs to construct a complete profile of potential candidates by linking data about candidates from multiple social media.
Example 2:
A online comparison shopping app would like to consolidate data about a product - prices from multiple vendors, professional reviews, specs from manufacturer sites and comments from forums.
Example 3:
An e-commerce portal with both a physical and online presence would like to learn more about their customers by merging their physical store transactions along with their digital ones.