Dun & Bradstreet Partners with Databricks for Real-Time Insights
Dun & Bradstreet Partners with Databricks for Real-Time Insights
Dun & Bradstreet (NYSE:DNB), renowned for its extensive business decisioning data and analytics, has significantly broadened its partnership with Databricks, a prominent Data and AI company. This collaboration aims to deliver an unparalleled array of business data and analytical tools, covering hundreds of millions of organizations worldwide through the innovative Databricks Marketplace.
Enhancing Business Data Accessibility
This enhanced partnership strives to utilize the advanced Databricks Data Intelligence Platform to make Dun & Bradstreet’s comprehensive datasets more accessible and scalable for organizations. Companies will now experience nearly real-time updates regarding business records, risk assessments, and commercial opportunities. This enhancement will support organizations in streamlining their workflows and improving their overall decision-making processes.
Key Benefits of the Collaboration
With these innovative capabilities, business leaders will be better equipped to confront various challenges, including compliance issues, credit decision-making, ESG reporting, and supply chain modeling. The insights provided through this collaboration will empower leaders to pinpoint growth opportunities, manage risks effectively, and cultivate a deeper understanding of their customers and potential markets.
Seamless Data Integration
The collaboration also allows customers to access Dun & Bradstreet’s extensive datasets via Databricks’ Delta Sharing feature. This feature facilitates secure and seamless access to crucial company information and financial insights, thereby improving the time it takes to realize value from data investments.
Empowering Informed Decision-Making
“Reliable, trusted, and up-to-date data forms the backbone of informed decision-making,” expressed Ginny Gomez, President of Dun & Bradstreet in North America. The powerful combination of Dun & Bradstreet’s data capabilities and the robust infrastructure offered by the Databricks Marketplace will create a strong foundation for organizations. Companies can leverage these data-driven insights precisely when they need them, aligning data strategies with their business objectives.
The Role of Databricks Marketplace
Databricks Marketplace serves as an open marketplace, empowering its vast community of customers to discover and utilize a variety of data and AI resources curated from numerous leading providers. This marketplace, driven by the open-source Delta Sharing protocol, offers a diverse range of assets, including structured data, unstructured data files, machine learning models, and application notebooks.
About Dun & Bradstreet
Dun & Bradstreet has established itself as a leading global organization specializing in business decisioning data and analytics. With a mission to help businesses enhance their operational performance, Dun & Bradstreet's Data Cloud drives solutions that deliver insights allowing customers to boost revenue, reduce costs, mitigate risks, and transform their operations. Since its inception in 1841, organizations of every size have depended on Dun & Bradstreet to identify risks and uncover opportunities that catalyze growth.
Frequently Asked Questions
What is the focus of the Dun & Bradstreet and Databricks collaboration?
The collaboration focuses on delivering comprehensive business data and analytics to enhance decision-making for organizations worldwide.
How will this partnership impact real-time business insights?
Organizations will benefit from near real-time updates to critical business records and assessments, enabling better decision-making and risk management.
What role does the Databricks Marketplace play in this collaboration?
The Databricks Marketplace provides a platform for customers to discover and access Dun & Bradstreet's extensive datasets secured through Delta Sharing, improving overall data accessibility.
What industries can benefit from Dun & Bradstreet's insights?
Various industries can leverage these insights, particularly in areas such as compliance, credit risk, ESG reporting, and supply chain management.
When was Dun & Bradstreet founded?
Dun & Bradstreet was founded in 1841, establishing a long history of supporting businesses in optimizing their operations and identifying opportunities.
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