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Cinchy with Dan DeMers | E168

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Manage episode 289271755 series 2154765
内容由The Fintech Impact Podcast and Jason Pereira提供。所有播客内容(包括剧集、图形和播客描述)均由 The Fintech Impact Podcast and Jason Pereira 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In this 168th episode of Fintech Impact, Jason Pereira, award–winning financial planner, university lecturer, writer, and host interviews Dan DeMers, CEO and Cofounder of Cinchy, a next–generation data–management platform that utilizes data fabric with the end goal of data autonomy!


Episode Highlights:

  • 0:43 – Dan DeMers introduces himself and Cinchy.
  • 2:27 – What was the problem that Dan was trying to solve when he started Cinchy?
  • 5:05 – Dan and Jason discuss the nature of code and the realization of data as a core asset.
  • 6:56 – Jason and Dan explain why the silo system is not scalable.
  • 10:09 – What are the hurdles and limitations of data lakes?
  • 11:48 – Dan explains “data fabric” and what problems it solves.
  • 15:21 – Jason and Dan discuss the relation of Metcalfe's Law to data fabric.
  • 17:33 – Dan and Jason explain the value of data and what it means to every individual.
  • 22:14 – What kind of reception has Cinchy gotten from the major institutions that it works with?
  • 26:52 – Jason and Dan explain why we are on the cusp of a generation of people who all do some form of coding.
  • 29:31 – If Dan could change one thing in his industry, what would it be?
  • 31:29 – What has been the biggest challenge of getting Cinchy to where it is today?
  • 32:29 – Dan explains what excites him the most about his work.

3 Key Points

  1. Roughly 50% of all IT budgets go to integration and data management, including APIs and all the byproducts of data being fragmented.
  2. Data lakes are filled with fragmented and unorganized data with quality issues that allow you to do analytics at best because it is all just a copy.
  3. Acceleration of low–code and no–code has put the world on the cusp of a generation of which everyone knows how to code to some degree.

Tweetable Quotes:

  • “We’re so used to a world where data is siloed and it’s subservient to an application.” – Dan DeMers
  • “If you ever have to rekey something into two different systems, it’s a failure.” – Jason Pereira
  • “If I have to pay my vendor to access my data, is it really my data?” – Jason Pereira
  • “You have to take the action. It’s not going to fix itself. The data is not going to self–repair, sadly.” – Den DeMers

Resources Mentioned:



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

317集单集

Artwork

Cinchy with Dan DeMers | E168

Fintech Impact

58 subscribers

published

icon分享
 
Manage episode 289271755 series 2154765
内容由The Fintech Impact Podcast and Jason Pereira提供。所有播客内容(包括剧集、图形和播客描述)均由 The Fintech Impact Podcast and Jason Pereira 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In this 168th episode of Fintech Impact, Jason Pereira, award–winning financial planner, university lecturer, writer, and host interviews Dan DeMers, CEO and Cofounder of Cinchy, a next–generation data–management platform that utilizes data fabric with the end goal of data autonomy!


Episode Highlights:

  • 0:43 – Dan DeMers introduces himself and Cinchy.
  • 2:27 – What was the problem that Dan was trying to solve when he started Cinchy?
  • 5:05 – Dan and Jason discuss the nature of code and the realization of data as a core asset.
  • 6:56 – Jason and Dan explain why the silo system is not scalable.
  • 10:09 – What are the hurdles and limitations of data lakes?
  • 11:48 – Dan explains “data fabric” and what problems it solves.
  • 15:21 – Jason and Dan discuss the relation of Metcalfe's Law to data fabric.
  • 17:33 – Dan and Jason explain the value of data and what it means to every individual.
  • 22:14 – What kind of reception has Cinchy gotten from the major institutions that it works with?
  • 26:52 – Jason and Dan explain why we are on the cusp of a generation of people who all do some form of coding.
  • 29:31 – If Dan could change one thing in his industry, what would it be?
  • 31:29 – What has been the biggest challenge of getting Cinchy to where it is today?
  • 32:29 – Dan explains what excites him the most about his work.

3 Key Points

  1. Roughly 50% of all IT budgets go to integration and data management, including APIs and all the byproducts of data being fragmented.
  2. Data lakes are filled with fragmented and unorganized data with quality issues that allow you to do analytics at best because it is all just a copy.
  3. Acceleration of low–code and no–code has put the world on the cusp of a generation of which everyone knows how to code to some degree.

Tweetable Quotes:

  • “We’re so used to a world where data is siloed and it’s subservient to an application.” – Dan DeMers
  • “If you ever have to rekey something into two different systems, it’s a failure.” – Jason Pereira
  • “If I have to pay my vendor to access my data, is it really my data?” – Jason Pereira
  • “You have to take the action. It’s not going to fix itself. The data is not going to self–repair, sadly.” – Den DeMers

Resources Mentioned:



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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