PALO ALTO, CA, August 19, 2013 – Denodo Technologies, the independent leader in data virtualization, today announced that the U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), has acquired Denodo's data virtualization platform to quickly and efficiently provide a unified view of several different data sources to its reporting and predictive analytics systems. The insight from these systems will strengthen HUD-OIG’s ability to proactively identify and prevent fraudulent activities.
HUD, a cabinet department of the United States federal government, was established to increase access to affordable housing, strengthen communities through economic development, fight housing discrimination, and tackle homelessness issues. The OIG is a statutorily created independent entity whose mission is to detect and deter fraud, waste, and abuse and promote the economy, efficiency and effectiveness of HUD operations. It accomplishes this by conducting and supervising audits, investigations, and inspections relating to the programs and operations of HUD. The HUD OIG is one of the original 12 Inspectors General authorized under the Inspector General Act of 1978.
HUD-OIG picked the Denodo Data Virtualization Platform to acquire a consolidated view of disparate data which is spread across hundreds of structured and unstructured sources including Oracle, SQL Server, Lotus Notes, VSAM files, documents etc. HUD-OIG was looking to provide a unified view and standardized access to internal as well as external data sources from other federal agencies and web sources. They considered ETL as a possible solution, but ruled it out because they did not want to replicate their high volume data sources. They finalized on data virtualization because it provided the capability to unify all their data sources, standardize access to data consumers and minimize replication. This deployment will enable HUD-OIG to reduce costs by minimizing manual data extraction efforts and deliver timely and comprehensive data to consuming users and systems. One of the planned use cases is to feed the unified data into predictive analytics and statistical analysis systems that will analyze real estate industry trends and provide insight that can help prevent fraudulent activities.
“We are pleased to welcome HUD-OIG to a fast growing list of Government agencies that are deploying Denodo Data Virtualization,” said Richard Walker, VP of North America Sales at Denodo Technologies. “The agility provided by Denodo data virtualization is helping them to leverage large and disparate data sets in a fast and secure manner to achieve their business goals.”
Denodo is the leader in data virtualization – providing unmatched performance, unified access to the broadest range of enterprise, big data, cloud and unstructured sources, and the most agile data services provisioning and governance – at less than half the cost of traditional data integration. Denodo’s reference customers in every major industry have gained significant business agility and ROI by creating a unified virtual data layer that serves strategic enterprise-wide information needs for agile BI, big data analytics, web and cloud integration, single-view applications, and SOA data services. Founded in 1999, Denodo is privately held and has principal offices in USA, UK, and Spain. For more information, visit www.denodo.com or call +1 877 556 2531 / +44 (0) 20 7869 8053.