To modernize its data systems, Bank of Georgia has teamed up with Cloudera. They will create a centralized open data lakehouse. any Cloudera to implement a centralized open data lakehouse. This cutting-edge solution aims to consolidate customer and financial data, streamline operations, accelerate product development, and support advanced analytics.
The U.S.-based vendor Cloudera, along with implementation partner HTS, facilitated the bank’s transition to the new data lakehouse. The solution is designed to scale rapidly, integrating data from multiple sources, including the bank’s digital platforms that support 1.4 million active users and process two-thirds of all transactions.
Enhanced Capabilities with Advanced Tools
The banks DataOps team has four members. They used more than 15 open-source technologies. These include Oracle, Elastic Search, and MongoDB. They built effective extract, load, and transform (ELT) processes.
With Cloudera’s help, the bank now streams larger data sets into the lakehouse. They use Apache Spark, which is a cluster computing framework and an in-memory data processing engine. This integration enhances the bank’s ability to process and analyze vast amounts of data efficiently.
Key Benefits of the Cloudera Data Lakehouse
Using Cloudera’s data lakehouse offers many benefits for the Bank of Georgia, such as:
- A Complete Customer View: This helps understand customer behavior better for smarter decisions.
- Customized Offers and Services: Using data analytics to provide personalized recommendations and improve customer experience.
- Better Product Development: Speeding up innovation with useful data insights.
- Enhanced Data Security and Governance: A complete method to protect data.
Vazha Pirtskhalaishvili, Head of DevOps and DataOps Engineering at Bank of Georgia, highlighted the transformative impact of the lakehouse. “It is truly integrated from a data security and governance perspective and has taken integration pressure off our teams. This allows us to focus on adding value by serving data to the rest of the business.”
This partnership shows that Bank of Georgia is dedicated to digital transformation. The bank wants to use data-driven strategies to improve efficiency and customer satisfaction. By working with Cloudera, the bank can use advanced analytics and scalable data solutions. This will help them succeed in a fast-changing financial world.
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