December 2022 Summaries

As a professional Amazon Vendor, calculating profitability across multiple marketplaces is challenging due to the lack of a straightforward way to visualize vendor marketplace data in one place. Key areas to consider include Amazon cogs and distribution costs, terms and charges, chargebacks, and marketing efforts. To accurately calculate profitability, it's essential to factor in all these costs, including damage allowances, freight allowance, subscribe and save, co-op activity funding, and Automated Marketing and Marketing Development Funds. Additionally, tracking sales velocity, weeks on cover per SKU, and measuring profitability by SKU, product group, marketing mechanism, and Amazon marketplace are crucial for avoiding unwelcome surprises. With the right data connectors and tools, such as CData Virtuality solution, accessing current Vendor sales data and advertising costs becomes easy, enabling a more accurate calculation of vendor profitability.

CData Software has partnered with SugarCRM to provide real-time connectivity solutions for its users. CData Sync is a cloud-based data pipeline tool that allows users to easily connect and integrate their SugarCRM data with various databases, such as Snowflake, using three easy steps: configuring the connection, setting up the replication server, and selecting the tables to be replicated. This enables businesses to replicate SugarCRM data to storage solutions like Snowflake, improving business operations in areas such as customer 360, supply chain optimization, process automation, and data backup and disaster recovery. CData Sync offers best-in-class connectivity with features like incremental updates, flexible configuration and scheduling, and secure monitored backup and archiving. Users can download a free trial of CData Sync to start replicating their SugarCRM data today.

The CData JDBC Driver for Snowflake is a high-performance connectivity solution that offers better querying performance, particularly when dealing with large datasets, compared to other available drivers, including the native Snowflake JDBC Driver and a competitor driver. The driver outperforms its competitors in reading and processing data by up to 31% faster, making it an ideal choice for enterprise BI, analytics, and data management initiatives. Additionally, the CData JDBC Driver excels when writing data to Snowflake, inserting one million rows nearly 50% faster than a competitor driver and immeasurably faster than the native driver, which was unable to complete the task after four hours. By leveraging its efficient use of client resources and optimized processing, the CData JDBC Driver is the clear winner for both reading from and writing to Snowflake data warehouses.

CData is focusing on simplifying real-time data connectivity in 2023, aiming to make it readily available to anyone, at any time, and in any tool they need. The company's Chief Product Officer, Manish Patel, emphasizes the importance of shifting the paradigm from moving data to applications and databases to taking applications to the data. CData is introducing new products and features, such as CData Connect Cloud, which bridges the gap between technical gaps and provides a simple and easy-to-use interface for users to connect their BI or analytics tool to various data sources. Customers are giving positive feedback on the usability and accessibility enhancements delivered through CData Connect Cloud, allowing line-of-business users to focus on analyzing data and making business decisions. In 2023, CData is focusing on themes such as elevating customer experience, adding new features, creating an internal data marketplace, and supporting hybrid data environments with enhanced security benefits. The company's vision is to put real-time connectivity in the hands of any user, enabling them to work freely with all their data in their choice of environments.

CData Arc Again Receives AS2 and AS2 Cloud Interoperability Certification from Drummond.` The certification is a recognition of CData Arc's compliance with the AS2 messaging standard, ensuring secure transmission of critical financial information. Drummond is a market leader in application conformance and interoperability testing services, with over 750 software applications tested for more than 400 solution providers. This certification is beneficial for industries such as retail, consumer products, insurance, and government that widely adopt the AS2 standard. The additional profiles tested by Drummond provide flexibility and security between organizations and their trading partners, including advanced encryption standards like AES and SHA2.

CData software has collaborated with Google to integrate its real-time connectivity solutions with Google's AlloyDB for PostgreSQL, a fully managed database service that provides enterprise-grade performance and compatibility with open-source PostgreSQL. AlloyDB offers superior performance, automating administrative tasks, and using adaptive algorithms and machine learning for efficient management. CData's integration enables line-of-business users to access AlloyDB without writing code, while data administrators can incorporate it into their ETL processes. AlloyDB also provides an opportunity for organizations to "lift-and-shift" operational data from expensive legacy databases to the cloud, offering plug-and-play access to AlloyDB from existing tools and applications. Additionally, CData's real-time connectivity solutions allow users to access AlloyDB from their preferred BI, reporting, and analytics platforms, providing high-performance, real-time connectivity for business insights.

In 2023, organizations are taking advantage of digital transformation catalysts to dive into their data and make informed decisions about the future of their business. Data and analytics will continue to be at the epicenter of the business landscape, with AI adoption expected to accelerate as businesses deploy AI initiatives to aid decision-making. Predictive and prescriptive analytics will also gain prominence as companies focus on resilience and efficiency in uncertain economic conditions. The rise of data connectivity as a service will provide faster, easier access to data, while an emphasis on data governance and security will become increasingly important due to the growing threat of cyberattacks and data breaches. As businesses evolve their data-driven practices, they can leverage solutions like CData to ensure they are ready for the future.

CData is a company that delivers the world's most comprehensive suite of data connectivity tools, providing universal data connectivity to and from any source or application. The company has flexible partnership models with three distinct categories: Technology Alliance Partners, Channel Partners, and OEM Partners. These partnerships are valuable to partners and customers as they enable seamless connectivity and integration, resulting in increased user retention and customer satisfaction. A good partnership requires great technology, open communication, and a willingness to collaborate and support each other's efforts. CData is investing heavily in its partner programs, partner support, and co-marketing efforts, expecting its OEM business to soar and its partner ecosystem to grow exponentially in the future.

While stale data hinders financial decision-making, organizations can accelerate collaboration between finance and accounting teams by democratizing access to fresh data. This enables informed decisions on overall performance, risk assessment, behavior trends, potential outcomes, planning for growth, and robust financial planning. Real-time data analytics allows departments to make better use of available funds, reduces budget bottlenecks, and supports interdepartmental collaboration by enabling finance and accounting teams to create and act on accurate budgets, predict financial roadblocks, and promote the financial health of the organization.

CData has achieved SOC 2 Type 1 compliance through a concerted effort by the entire organization, led by Chief Information Security Officer Steven Close, who aimed to build trust with customers and demonstrate strong security controls in place to protect customer data.