Dun & Bradstreet Enrichment & Monitoring, powered by Delta Sharing & Databricks Marketplace

Key Takeaways

today we'll show you how to enrich your data using the dun and Brad street API seamlessly integrating valuable B2B insights into your workflows we'll also demonstrate how Delta sharing enables continuous updates from d&b's monitoring service ensuring your data stays current with this streamline setup you'll unlock faster insights and make realtime data driven decisions let's dive in so in this demo we'll show how integrating dun in Brad Street's data service with data bricks can help your organization achieve accurate and enriched business data for better uh better decisions real-time monitoring of business partners to proactively manage risk and drive operational efficiency this is all powered by Delta sharing streamlining the data ingestion process and eliminating traditional data sharing bottlenecks let's begin with why accurate data and I'm sorry accurate and actionable data matters every business relies on data to drive decision whether it's identifying the right customers optimizing operations or managing risk the raw data often lacks the depth and reliability needed for informed decision making this is where the dmbb company match API comes in let me quickly skip past some of the setup here and we're going to drop down to uh cell number 10 here or command number 10 and as you can see in this command um I have a simple table containing only basic company level data such as company name name and address and after processing this data uh we'll see here in command 14 this is after I uh process the data through the uh dmbb company match uh this transforms these basic company details into a comprehensive business profile complete with globally recognized duns numbers which allows you to you know verify the business legitimacy understand a company's Financial Health and segment customers more efficiently for example a global manufacturer can use this service to clean and enrich their supplier database identifying duplicates and enriching profiles and streamlining you know procurement processes and reduce overall supplier risks after enriching your data staying informed about your partners in in customers is crucial business environments change rapidly and being proactive can make the difference between avoiding risks and reacting too late and if we skip down here to command 19 uh we can see that I have this uh add to monitoring call here and using this add to monitoring python function we can Leverage The enriched data to activate the DMB monitoring by setting up a monitoring subscription for a specific company d&b's monitoring service allows or I'm sorry automatically tracks updates to Partners or customer profiles these updates are seamlessly integrated into datab bricks Delta sharing enabling you to easily query and analyze changes using any of the tools available with in the data breaks ecosystem this allows you to react to financial instability before it impacts your business update customer information in your CRM stay compliant by tracking changes in ownership or regulatory status or avoid surprises in your supply chain and here are two quick examples of data flowing through the you know the shared monitoring tables in the first example we're looking at the change in dun's global ultimate which is crucial for companies for several reasons primarily related to risk management compliance and strategic decision making the global duns number identifies the topmost entity in a corporate family tree changes to this number indicate shifts in ownership or corporate restructuring such as mergers Acquisitions or divestures a change could also signal potential risks such as Financial instability bankruptcy or significant strategic shifts if a supplier or vendor's ultimate parent company changes it could affect their ability to deliver goods or services consistently understanding changes in customer ownership can highlight risks related to credit payment terms or long-term viability and in command 22 that we have here uh this second example we're looking at changes in competitor data this is useful for a variety of strategic operational and financial reasons dnb's competitor data provides insights into the market landscape enabling better decision-making a across multiple areas will allow you to understand how your company compares to competitors in terms of financial performance market share and operational efficiency analyze data on competitive revenues employee counts in locations to track their expansion and growth strategies spot emerging competitors or disruptive players entering your Market or assess the level of comp I'm sorry assess the level of competition uh a market in a market before entering or expanding operations collaboration often requires sharing data with internal teams or external Partners traditional methods like email or FTP are time consuming and prone to errors DMB monitoring via Delta sharing eliminates these inefficiencies Delta sharing enables dmbb to share the latest data directly with you in near real time ensuring you're working with upto-date information you can improve collaboration across teams and uh Partners in faster decision- making without the delays of manual file sharing and fragile ETL processes so we'll summarize the the business value you can expect from integrating DMB Services with data bricks you can automate data enrichment and monitoring uh which saves time and reduces manual errors frictionless updates allow you to avoid Financial or reputational risk before they escalate enrich and enriched and reliable data leads to better insights whether you're targeting customers or manag managing vendors and Delta sharing accelerates your ability to work with Partners ensuring everyone has access to the latest information having accurate upto-date and actionable data is no longer optional it's essential