New products enable customers to automate end-to-end data preparation workflows and process large-scale data volumes 10x faster than before
Flatfile, the AI-powered data exchange platform company, today announced the launch of three new products in the Flatfile Data Exchange platform. The Fall 2024 release includes new AI data transformation and data migration functionality that enables users to process massive data sets 10x faster than before. With the new products, companies are able to manage end-to-end data preparation workflows in the Flatfile Data Exchange platform, while enhancing performance, security and efficiency.
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Efficiently collecting, transforming and migrating data from external sources and files is a pervasive, growing problem for companies. These sources are typically highly variable in structure and quality, and frequently vary from file to file, and may consist of millions of records. Data and systems integration teams are frustrated by cumbersome, inefficient, repetitive data cleaning tasks that delay projects and add cost. Developers tasked with providing software solutions to ease that pain constantly juggle a long list of high-priority software development projects, limiting their ability to build a solution that supports the specific needs and workflows of such data and integration teams.
The status quo approach to data migration is a high latency, high effort. Teams often spend cycles collecting, formatting, cleaning, and validating data, which is most often executed with excel spreadsheets, email, and Python scripts. Further, translating robust and complex business processes and data requirements into a custom application can be remarkably time-consuming for users who all have different data requirements and processes that involve dozens of individuals to review/codify. Flatfile is solving these challenges by delivering a cohesive environment for users to prepare data, powered by AI, and enable users to quickly and efficiently upload existing templates and system requirements, and write the code required to configure their Flatfile instance.
"We are excited to announce the release of our most innovative breakthrough products to date, leveraging AI to accelerate data workflows in the enterprise. Some of the world's largest organizations across banking, financial services, HR, healthcare and more rely on our platform to accelerate time to value with their data migrations in the enterprise," said David Boskovic, founder and CEO of Flatfile. "What takes some customers hundreds of hours to clean, validate and format data, to complete a migration, now takes days and in some cases hours -- we are reducing the latency by at least 70 percent with minimal to no prep required."
"Flatfile has allowed Deputy to cater to our growing customers' bulk data needs in a scalable, standardized way and not just from a self-service standpoint, but from a project implementations view as well. We're excited for the next iterations of the Flatfile platform to allow us to onboard data in a faster, more flexible way to support the ever-growing data needs of our customers," said Andrew Purchas, Lead Product Manager at Deputy.
"Flatfile has transformed the way our customers migrate their data to our system. With these new advancements - like mapping and processing data even faster than before and being able to collaborate seamlessly with customers on data decisions - both our team and our customers will benefit greatly," said Erin Leibold, Onboarding Services Manager at GrowthZone. "Anything that helps us improve efficiency and reduce bottlenecks in our data onboarding workflows is a huge win for us."