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Zengines Announces Major New Software Release After Closing $9M Round of Financing
Zengines Announces Major New Software Release After Closing $9M Round of Financing
Thursday, 07 November 2024 03:55 PM
BOSTON, MA / ACCESSWIRE / November 7, 2024 / Zengines, a leading provider of AI-based data management software, today announced that it has closed its oversubscribed Series Seed Preferred round of financing, led by Hyde Park Venture Partners. The new capital will be used to further accelerate the company's product development and market growth.
This announcement follows the recent Fall 2024 release of the company's end-to-end Data Migration platform and the introduction of a new Data Lineage solution.
"We are excited to enter this new phase of growth and are grateful for the opportunity to innovate with leading global enterprises," said Caitlyn Truong, Zengines co-founder and CEO. "Our customers rely on Zengines to reduce the time, cost, and risk associated with migrating data to new systems."
The Zengines Data Migration platform has three major components:
The Zengines Analyzer identifies data requirements for new target systems through intelligent discovery and analysis of the sources of data.
The Zengines Mapper applies AI and machine learning to generate field and pick-list matches and transforms the data according to compliance, quality, system, and business requirements.
The Zengines Loader moves the transformed data to the target systems directly or via load files and tests and validates the converted data.
Customers benefit because the three platform components are fully integrated and share and learn from the Active Metadata captured in one knowledge source.
"We designed the Zengines platform to help our customers during every step of the end-to-end data migration process," said Carl Drisko, co-founder and CTO. "Our new Data Lineage solution helps enterprises understand where their data comes from and the logic that was used to create it. It accelerates Mainframe Modernization and supports other Data Governance, Data Design, and Data Quality initiatives."
The Zengines Data Lineage solution traces data from databases or files through complex, multi-step processes and shows exactly where it originated and how and why it reached its transformed state. The software analyzes jobs, schedules, scripts, and COBOL source code and produces high level logic flows as well as field level logic views.
"Zengines continues to make great progress using AI technology to solve some of the industry's most challenging data migration and data management problems," said Greg Barnes, Partner at Hyde Park Venture Partners. "We were excited to lead this financing and look forward to the next phase of growth."
About Zengines
Zengines has created an entirely new way of converting data. The Zengines AI platform automates the end-to-end data migration process, reducing the time, cost, and risk associated with data conversions, system migrations, and data onboarding for a variety of business solutions. Zengines is used by leading enterprises, software vendors, and consultants across multiple industries.
Please visit zengines.ai
CONTACT:
Todd Stone
Zengines President
todd@zengines.ai
Ally Financial selects Zengines as Trailblazing Startup for Responsible AI Innovation Challenge
Unveiling the Trailblazing Startups: Insights from Ally Innovation Challenge - Responsible AI
Jesse Podell
Oct 24, 2024
This May, we launched Ally's first Open Innovation challenge, aimed to foster a learning environment between Ally and startups that prioritizes deploying AI responsibly in a safe and secure manner. Today, we are delighted to announce the participation of five startups in the Ally Innovation Challenge - Responsible AI, and our insights from our inaugural program.
The startups applying for the Open Innovation Challenge showcased strong potential for learning. Amidst an exciting number of applicants from across the country we selected less 5% of those who submitted to participate in our program. We were thrilled to witness the diverse range of founder backgrounds and various maturity levels, which truly reflects the dynamic and vibrant AI infrastructure ecosystem.
Unveiling the 5 startups, and how they describe themselves in their own words:
Coverbase, San Francisco, CA: Seeking to simplify third-party management by automating due diligence, enabling businesses to work together safely, and turning compliance into a competitive advantage
DynamoAI, San Francisco, CA: Aiming to provide end-to-end privacy, security, and compliance solutions to prepare organizations for emerging AI regulations
Griptape, Seattle, WA: Focused on providing developers with tools & frameworks to build, deploy, and scale AI applications, from the development framework to the execution runtime
Liminal, Denver, CO: Committed to helping enterprises safely interact with all generative AI use cases, providing horizontal security for compliance-defined data types
Zengines, Boston, MA: Striving to make data conversions frictionless, allowing companies to adopt the latest and best technologies seamlessly
We extend our gratitude to our inclusive group of six VC firms: Aperture VC, Ardent Venture Partners, Core Innovation Capital, Gilgamesh Ventures, Mendoza Ventures, and Noemis Ventures - as well as dozens of individuals from across various roles and functions within Ally, who played a pivotal role in assisting us with the rigorous selection process. Their valuable contributions and support have been instrumental in shaping this challenge and identifying the most promising startups.
Zengines CEO speaking at Women in Entrepreneurial Leadership, DePaul University
Zengines CEO, Caitlyn Truong, is guest-speaker at Women in Entrepreneurial Leadership session at DePaul University's Driehaus College of Business. She shares her experience in being a woman leader on an entrepreneurial journey, her learnings in growing a VC-backed startup, and bringing an AI-product to the market.
Repeatable and Scalable Data Conversions with AI
Repeatable and Scalable Data Conversions with AI
Thu, Oct 3, 2024 12:00 PM - 1:00 PM EDT
Event link: https://register.gotowebinar.com/register/3399507875973601368
Data conversions happen every day in organizations, often due to business transformations, technology modernizations, acquisition integrations, or customer/software onboarding. Today, these data conversions are viewed and executed as one-time events. Treating data conversion as a critical change enabler - and demanding repeatability and scalability - reduces time, cost, complexity, and risk to any program. This webinar will discuss how AI-based solutions deliver faster, repeatable, and more scalable data conversions.
Webinar Highlights
• Targeted use cases where data conversions must be repeatable and scalable: Customer onboarding challenges with disparate tools involved and the need to build custom pipelines for each instant.
• Critical role of AI in enabling repeatable and scalable data conversion stages: the ability to learn with each conversion.
• The business value of repeatable and scalable data conversions
Zengines is Named One of the Top 100 Finalists for the 23rd Annual Chicago Innovation Awards
Zengines is Named One of the Top 100 Finalists for the 23rd Annual Chicago Innovation Awards
Chicago, IL— Out of 350 nominees, Zengines has been selected as one of the Top 100 Finalists still in the running for the 23rdannual Chicago Innovation Awards. The awards celebrate the most innovative new products and services in the Chicago region across all organization sizes, sectors and industries. Over 700 business and civic leaders will come together to honor the winners when they are announced on November 14th at the UIC Forum.
Zengines (www.zengines.ai) is the “Google maps” of data conversions. Leveraging AI, Zengines completes a data conversion from any starting point to any destination point, allowing users to benefit from its ability to learn and improve from all ‘routes’ (conversions) - this reduces the time, cost and risk of any transformation program, even if the starting point is legacy technology (e.g., mainframe). Zengines automates data conversions with AI – this includes the data ingestion, profiling, semantic mapping, automated transformation, and reconciliation. Zengines makes data conversions repeatable and scalable.
“Chicago continues to rise as a global hub of innovation that cuts across industries, large corporations and startups, for-profits and non-profits,” said Luke Tanen, President and CEO of Chicago Innovation. “The impact that this year’s nominees generated is profound – their new products and services generated $4.2 billion in revenues and created over 5,900 new jobs.”
As one of the Top 100 Finalists, Zengines will receive a $2,500 scholarship to attend The Practical Innovator, a day-long executive education course on October 1st led by top faculty who teach innovation at Northwestern’s Kellogg School of Management.
Each of the Top 100 Finalists is also in the running for the annual “People’s Choice Award,” selected through online balloting at https://chicagoinnovation.com/nominations/
Out of the Top 100 Finalists, the judges will select 20 winners of the Chicago Innovation Awards. In addition to being celebrated at the Chicago Innovation Awards on November 14th, the winners will be invited to ring the Nasdaq Bell in New York City and receive widespread media recognition.
Contact:
Zengines: info@zengines.ai
Chicago Innovation: Luke Tanen, Luke@chicagoinnovation.com
Unified AI-Led Data migration - Coalescing Multi-Step Data conversions
Unified AI-Led End-to-End Data migration - Coalescing Multi-Step Data conversions
In the second Nous Infosystems - Zengines joint webinar, we discuss how a unified, AI-led data migration tool solves the problem of data orphans, enhances efficiency, and consolidates multi-step data conversions. Benefits include improved data quality, accessibility, and collaboration while reducing costs and streamlining processes.
Webinar Highlights
• Challenges and risks involved in manual data conversion of large-scale enterprise data with disparate toolsets
• Importance of AI in automating various stages of data conversion bringing consistency, drastic reduction of conversion time and streamlined validation mechanism.
• How Zengines infuses AI into all steps of data transformations to unify end-to-end enterprise data conversions.
Zengines AI-based Data Conversions Demo at Tech Chicago Week
#TechChicagoWeek2024, hosted by P33 Chicago and World Business Chicago, is here! Zengines is excited to be a part of the action, where Chicago celebrates its tech ecosystem. \Visit the Zengines booth on Day 2, Wed July 24, and learn how
Visit the Zengines booth, see the product demonstration, and learn how #AI makes your data conversions 5x faster!
Zengines showcasing Mainframe Data Discovery capability at AI & InsurTech Summit
This event brings together 250+ startups, investors, corporate partners, and industry experts already in the AI space and those who are curious.
Zengines is sharing its newest Analyzer capability: Mainframe Data Discovery! Companies - like insurance firms - have legacy data trapped in older technology (e.g., mainframe). Zengines has developed a solution to help organizations "shine a light into the black box" of these older systems and their databases. First, Zengines Analyzer ingests and parses the codebase (e.g., COBOL code). Next, Zengines analyzes, organizes and exposes that data, so that Business and Technology teams have access to information. We hope to meet you and show you this innovative capability!
Legacy Data Modernization: Extracting and Preserving Data from Legacy Systems
Discover how to overcome legacy data migration obstacles with insights from Nous Infosystems experts and industry leader Zengines' CEO. Learn about Zengines' unified solution, designed for accelerated data conversions.
The pace of change for businesses today is relentless and only speeding up. One major challenge companies encounter in legacy modernization projects is the absence of a unified solution to complete the multi-step migration activities. Companies spend over $130 billion annually on data conversion for new business systems. The cluttered and complex data conversion problem severely constrains organizations’ ability to execute business and technology strategy.
Webinar Highlights
• Challenges and risks involved in continuing with legacy data tech stack, scalability issues, and data modernization requirements.
• Migration challenges, mapping nightmare, non-availability of single tool for end-to-end migration, data validation and reconciliation.
• How Zengines addresses all data migration issues and accelerates conversions, saving time and money.
Zengines at Morningstar Investment Conference - Fintech Open House
As part of #MICUS, Zengines attended the #FinTech Open House, hosted by Morningstar and 1871 - unsurprisingly, our favorite conversations were about ways to overcome #dataconversion challenges, as seen today with #RIA acquisitions and the robust #merger activities within the #WealthIndustry. If your #integration is slow and painful, give Zengines AI a try! See highlights from the Morningstar Investment Conference 2024 #MICUS here: https://lnkd.in/gGpphtDT
Zengines invited to Gartner's Emerging Tech Provider event
Zengines is delighted to have been invited to Gartner's Emerging Tech Provider session in #Waltham, MA.
Takeaways:
1. Value-benefit gap between AI-adoption leader vs follower is quite stark - this is the time to be a leader, not a fast-follower.
2. While it seems that Gen-AI is "new", Gartner has collated compelling data to show the tremendous benefits of staying ahead of the curve.
Are you leading a #Digitization or #Transformation effort that needs to move faster? Bring AI into the execution - Zengines AI-based data conversion platform reduces the time, cost and risk in enterprise programs.
Zengines AI on stage at NYC AI Showcase
Zengines has been selected to be one of ten AI startups to present its innovation at the NYC AI Showcase, hosted by SVB!
Zengines is an entirely new way of converting data - it applies AI and automation across the entire data conversion lifecycle to reduce the time, cost and risk of implementing new technologies.
Join founders, engineers, and investors in Midtown to discuss the latest and greatest AI solutions.
Zengines on stage at Canadian Fintech Summit
Zengines was thrilled to be a part of the 9th annual CFS | Canadian Fintech Summit, which brought together innovators, thought leaders, and investors. AI/ML was at the forefront of the conversations, and Zengines was proud to be selected and showcased among the 20 impressive start-ups who are leveraging AI to solve problems in Financial Services and beyond.
Zengines on stage at SeedCon 2024: Building SaaS Businesses
2024 Conference: Innovating Amongst Giants In A Down Economy
As the world navigates a down economy, visionary entrepreneurs, seasoned investors, and adept operators come together to explore how start-ups can unlock solutions for the future in the face of large tech giants. SeedCon is amplifying these voices to explore strategies, share insights, and ignite a spark of creativity in a time where capital is constrained but innovation is ripe for the taking. Don’t miss this opportunity to connect, learn, and innovate alongside those pushing innovation in the face of adversity. This year’s event will take place on February 9, 2024 at the Gleacher Center in downtown Chicago and will feature innovative leaders across industries such as healthcare, clean tech, and consumer businesses. Join us for a day of insight, critical thinking, and new ideas for a better future.
This year’s event will take place on February 9, 2024.
Zengines CEO, Caitlyn Truong, is a panelist for the State of B2B / SaaS discussion.
The Top 5 Tips for Successful System Migrations
Introduction
System migration is a necessary skill that modern business operations teams must master. Digital transformation programs are moving fast and require organizations to keep up with the evolving technological landscape. While migrating to a new system can offer numerous benefits such as revenue growth, increased efficiency, and adaptability, the process is challenging and requires significant staff time - often augmented with system migration consultants. This article will explore the top five tips business teams can use to ensure success for their system migration programs.
Tip 1. Gain user buy-in on how the new system will change their business processes
One of the most significant steps in a system migration project is a comprehensive understanding of the new software's requirements and how your business users may need to change how they work. The impact of changes will likely radiate beyond the new system you are implementing as data flows to downstream products and processes. Users need to see how the new system represents their data. Seeing familiar data within the new system helps with the configuration of screens and business needs. The following steps can help organizations address this challenge:
- Conduct a thorough analysis of the new system, including its technical capabilities, limitations, and integration requirements.
- Engage stakeholders from different departments to understand their specific needs and expectations.
- Develop a detailed migration plan that outlines the steps required to meet the new system's requirements, including data conversion, training, and process redesign.
- Setting expectations for timelines, reporting changes, compliance concerns, third-party risk management, process changes, staff training, and delivering on expected ROI (return on investment).
PRO TIP: Loading a first cut of data into the new system early can positively influence the buy-in from business users while helping them experience the new system with familiar data. Loading data early in a system migration will help with configuration and provide early visibility to owners of downstream systems and processes.
Tip 2. Efficient Field and Data Mapping for Seamless System Migration
The next step in the system migration is mapping the fields and their data from the original system to the new one. This process is not always straightforward and requires both the source and destination systems and the outcomes to ensure the project meets expectations. To streamline this step in the process:
- Create a comprehensive mapping document that outlines the relationships between fields and data elements in the original and new systems.
- Leverage advanced data conversion tools and methodologies to automate the mapping process, reducing manual effort and minimizing the risk of errors.
- Validate the mapping by conducting extensive testing and subject matter expert reviews to ensure accuracy and alignment with project expectations
PRO TIP: Data conversion platforms, like Zengines, dramatically speed up matching fields from source to target by applying artificial intelligence to solve the problem quickly and accurately.
Tip 3. Seamlessly Transform Data to Meet New System Requirements
Data transformation is a critical aspect of system migration, as the data from the original system may not be directly compatible with the new system. This challenge can be addressed by:
- Identifying the specific data transformation requirements, such as changes in data formats, units, or encoding.
- Safeguard compliance with reporting, regulatory, and process obligations, such as historical reporting, GDPR, TPRM (Third Party Risk Management), and executive reporting, using our data migration software. Optimize efficiency by developing and implementing data transformation scripts or leveraging cutting-edge data conversion tools, automating the process for swift and accurate migration. Prioritize data integrity by conducting rigorous testing and validation procedures, guaranteeing the accuracy and integrity of the transformed data.
PRO TIP: Transforming data has advanced significantly with data science toolkits and Python. End-to-end data conversion platforms will help automate this process with pre-configured business rules and algorithms.
Tip 4. Testing the Accuracy of Data Conversion
Ensuring your data conversion is accurate is vital for successful system migration. Inaccurate data can cause all sorts of headaches, from operational problems to unhappy users and even potential penalties from regulators. To ensure your reporting and operations meet expectations, follow these essential steps:
- Create a thorough test plan covering a range of scenarios, spanning data integrity checks, functional testing, and end-to-end testing.
- Optimize your testing process for data migration software by harnessing the power of automated testing tools and cutting-edge techniques.
- Establish an effective feedback loop with critical stakeholders to identify and resolve data conversion issues promptly.
- Select relevant stakeholders to validate jobs, processes, reports, and API feeds/links to enable end-to-end operations.
PRO TIP: Don't cheat on double-checking your data conversion; it's vital to avoid headaches down the line. Create a solid test plan covering all bases using automated testing tools for efficiency and engaging your stakeholders for quicker feedback. By getting the right folks involved in validating everything, you'll have all bases covered, ensuring a smooth end-to-end conversion for your operations.
Tip 5. Managing Change and Ensuring User Adoption
The success of a system migration hinges on users' enthusiastic adoption and seamless integration of the new system. Achieving success in system migration relies on effective change management strategies and user adoption. To fulfill these crucial requirements, it is imperative to:
- Develop a change management plan that includes communication, training, and support strategies to help users transition to the new system.
- Facilitate learning by providing comprehensive training and resources like user guides and video tutorials.
- Establish a robust support structure featuring responsive help desks and user forums, providing prompt assistance and addressing user concerns throughout the migration process.
- Ensure executives and key stakeholders can monitor progress and your proactive communications.
PRO TIP: Foster a positive attitude towards change and user adoption by highlighting the benefits and addressing potential concerns through frequent engagement and positive interactions in your communication and training materials, helping users feel more comfortable and excited about the transition.
Conclusion
System migration is a complex and challenging process that requires careful planning, execution, communications, and management. By understanding the requirements of the new system, effectively mapping fields, seamlessly transforming data, quickly testing the accuracy of data conversion, and adeptly managing change, organizations can successfully migrate to a new system. By doing so, they can unlock the value of their digital transformation programs and drive their organizations to higher levels of growth and effectiveness.
An Entirely New Way of Converting Data
Data conversions are far too manual
Companies have moved their data from old to new since the first computer system was retired. Enterprise software has advanced a lot since then, but the process for converting data hasn’t. IT teams and consultants still rely on essential tools like spreadsheets, scripts, and SQL queries. These are labor-intensive and require high-level expertise, extending the timeline for onboarding new applications. This fragmented approach to data conversion is time-consuming and inefficient, resulting in too many projects delivered late and over budget.
Zengines has a better way of converting data with a platform that automates the entire process from end to end. With Zengines, data conversion efforts are faster and less labor-intensive resulting in reduced costs and risk.
AI-powered data conversion rapidly accelerates data analysis, mapping, and testing
Companies migrating to new systems often need more expertise in the new target system. In contrast, software vendors for the new system tend to shift the responsibility for data conversion onto the data owners. This creates a data conversion gap that is challenging to navigate. Questions that customers of new software often ask include:
· How long will it take to convert the data?
· Will there be a gap in the data compatibility and completeness between the two systems?
· Is my source data sufficient to populate the target system
· Will I be able to achieve the business goals we are seeking?
· Do I need to enrich my data from other sources?
· Can my target store all of my current data?
With Zengines, a data conversion project never starts from scratch. Our AI algorithms understand the requirements of the target system. They will automatically analyze the source system's table structures, relationships, and data to automate the data conversion process. The result is a tremendous head start with any data conversion projects and a better understanding of what is required to achieve your business objectives.
How Zengines uses artificial intelligence to accelerate data conversions
- Analyzer: Connect to 45 different databases or ingest multi-format data sets from CSV, Excel, XML, PDF, or APIs
- Analyzer: Classify tables and fields. Automatically build relationships based on primary-key/foreign-key relationships.
- Analyzer: Identify quality issues within source data.
- Mapper: Identify source-to-target field matching.
- Mapper: Detect and resolve data type differences.
- Mapper: Produce field-level logic where data needs to be transformed to meet the requirements of the new target system.
- Loader: Integrated Testing and Validation
Zengines ML models continually improve with each new conversion, offering better results with each data conversion project.
Automating the data conversion process with the Zengines platform
Zengines provides an end-to-end platform, digitizing and streamlining each step of the data conversion process. This integrated approach simplifies the user experience, with inputs and outputs for each step in the process, and they seamlessly flow from step to step until all data is converted. Four technologies underpin the flow of data throughout the process:
1. Zengines Data CatalogTM – System migration projects need up-to-date, accurate metadata to identify critical patterns between the source and target systems. Zengines’ intelligent data catalog is rapidly constructed from all source and target system schemas and metadata generated by Zengines Analyzer, providing the foundation for data conversion analysis.
2. Zengines Knowledge GraphTM – The Zengines Knowledge Graph is the repository for training our powerful data conversion models. Our patent-pending technology uniquely builds domain-specific models for each industry and commercial software platform we have worked with. Customers benefit from prior data conversion efforts, making the algorithms smarter over time.
3. Data Conversion Pipeline – On the Zengines platform, data flows through an integrated process: ingestion à cleansing à transformation à post-processing à loading of data, à reconciliation. Our Data Conversion Pipeline controls the flow of this data as it is prepared for the target system and enables rapid iterative cycles through the pipeline to refine outputs continuously.
4. Collaboration and Control – System migration efforts involve many teams, people, and environments, such as Development, Testing, User Acceptance Testing, and Production. Hundreds or even thousands of decisions need to be made and tracked during these projects. Zengines Collaboration and Control module ensures that project users and resources stay organized and can operate from a common source of truth.
Why we load data fast, early and often
Companies migrating to new systems often need more expertise in the target system, while vendors tend to shift the data conversion responsibility onto the data owners. This creates a data gap that is challenging to navigate. To address this issue, it's crucial to adopt a target system-focused approach, starting with the new system's requirements in mind.
Target and downstream system vendors, product owners, and users eagerly wait to see their data within the new system resulting in project delays and waste. Zengines believes in loading data quickly, even if it's not initially perfect, to allow for iterative improvements in data completeness and quality and to drive overall project efficiencies.
Conclusion
Zengines offers an entirely new way of converting data. With an emphasis on speed and repeatability, Zengines combines artificial intelligence and automation to transform manual and time-consuming data conversions into an efficient and predictable process.
Zengines CEO as panelist at Women in Tech event
TechNexus and Chicago:Blend joined forces to celebrate International Women's Month by hosting a successful "Women IN Tech" event.
The event featured a panel discussion with some of Chicago's top investors and founders, who shared their insights on gender parity in tech and the steps being taken to make a difference. The panelists - Lindsay Knight, Tessa Flippin, Karen Kerr, Cristin Pacifico, and Caitlyn T. - brought their valuable experiences and knowledge to the table, providing attendees with practical advice on how to succeed in the industry.
The event was a huge success, with attendees learning from and connecting with some of Chicago's most influential women in tech. The collaboration between Chicago:Blend, Chicago Ventures, HPALofty Ventures, and GET Cities resulted in an engaging and informative conversation that celebrates women in tech.We look forward to continuing to promote diversity and inclusion in the tech industry through events like this. Thank you to everyone who participated!
Zengines Raises $5M for AI-Powered Data Conversion
CHICAGO, March 27, 2023 -- Zengines, the first AI-powered data conversion platform, announced today the closing of $5M in funding led by Hyde Park Venture Partners with participation from Hyde Park Angels. The funding will be used to expand product, engineering, and go-to-market capabilities.
When organizations migrate data to new applications, systems or outsourced services, Zengines automates the end-to-end data conversion process. This reduces the risk, time and cost associated with implementing new technologies.
“Organizations and their systems are in constant change,” said Caitlyn Truong, Zengines co-founder and CEO. “It’s estimated that companies spend more than $100B per year converting their data to new systems. The problem is messy and complex and limits an organization’s ability to execute their business and technology strategy. With Zengines, there’s a better way.”
The Zengines data conversion platform has three major components.
- Analyzer. Identify data requirements for new target systems and analyze the data and schemas of the source systems that are being replaced.
- Mapper. Generate field and code list matchings, perform needed data transformations, quality checks, and business rules.
- Loader. Load the target systems with the transformed data directly through load files or APIs. Test and validate that the conversion was completed correctly.
“Data conversion efforts still rely on spreadsheets to map the fields and custom code to do the heavy lifting,” said Carl Drisko, Zengines co-founder and CTO. “Zengines has developed industry-specific AI models that dramatically improve the speed at which data is analyzed, matched, transformed, and loaded into new target systems.”
“We’re thrilled to be working with the Zengines team,” said Greg Barnes, Partner at Hyde Park Venture Partners. “The founding team at Zengines is a group of industry experts solving one of the most painful problems facing all enterprises; successfully and efficiently converting critical data to new systems.”
About Zengines
Zengines has created an entirely new way of converting data. The Zengines AI platform automates the end-to-end data conversion process, reducing the time, cost and risk associated with data conversions, system migrations and data onboarding for a variety of business solutions. Zengines is used by leading enterprises, software vendors and consultants across multiple industries.
Contact
Mike Maziarz
Zengines, Inc.
VP, Product & Marketing
mike@zengines.ai
Meet Zengines
Have you ever been involved in migrating a legacy computer system to a new platform? If so, you’ll agree it’s an amazingly difficult job.
Whether switching vendors, moving to the cloud or undergoing a complex digital transformation, companies struggle with converting their data from where it lives to where it needs to be. Projects often take multiple years, cost millions of dollars, and typically run far over budget. Yet, despite the cost and urgency, the tools and methods for converting data are basic and not built-for-purpose; most heavy lifting is still performed manually with SQL scripts and spreadsheets. Even after systems migrations are declared finished, a lack of data analysis, testing and conversion tools can lead to low quality or incomplete data – resulting in rework or even failure after the new systems go live.
With decades of experience and hundreds of projects under our belts, the team at Zengines knew there had to be a better way. In 2020 we founded Zengines to make it easier and faster for companies to move their data to new software platforms; our vision is a future where data conversions are frictionless and companies are no longer chained to their legacy systems and data.
Since our founding we have invested tens of thousands of hours into R&D solving the many challenges our customers face analyzing, mapping, and loading data into new systems. Zengines uses the latest in AI, machine learning models and data science to support the data conversion process end-to-end.
As companies and industries become increasingly dependent on software, their agility and speed of technology adoption will determine the winners and losers. For those companies looking for a competitive advantage, Zengines has developed an entirely new way of converting data.TM
Welcome to Zengines, and to the launch of our blog, Accelerator. It is our intent to share all the tips, technologies, and data conversion best practices we can offer. Our goal is to help your IT & business teams unleash their productivity in every way we can. To help, we have recruited our highly experienced data conversion consultants, product experts, engineers, and outside contributors to write articles for Accelerator. We welcome you to subscribe and we will keep you posted of articles and news.
If you have any tips or experience you’d like to share with the Zengines team, please email us at accelerator@zengines.ai or fill out our contact form on the website. We’re looking forward to hearing from you!
- Team Zengines
Zengines has created an entirely new way of converting data. The Zengines AI platform automates the end-to-end data conversion process, reducing the time, cost and risk associated with data conversions, system migrations and data onboarding for a variety of business solutions. Zengines is used by leading enterprises, software vendors and consultants across multiple industries
AI-powered Data Conversion For Onboarding Customer Data
AI-powered Data Conversion
For Onboarding Customer Data
Onboarding new customer data is a challenge
Enterprise software vendors spend a tremendous amount of time and effort winning new customers. But when the evaluations are finished and the contract is signed, world-class vendors of sophisticated software know the hard work is just beginning. For enterprise software companies and their customers, time is money and the gap between sales and effective software deployment is always a challenge.
Even with established onboarding methodologies, strong deployment teams still struggle with the messy process of converting customer data from old systems to new software. This is understandable. Vendors are experts in their software products. Customers are expert users of their old systems and operational data. The gap between these two teams is often difficult to bridge and a major source of onboarding project delays and risk. Unfortunately, most vendors still rely on spreadsheets and custom code to do the heavy lifting when it comes to data conversion. But spreadsheets and simple CSV import solutions cannot handle the data complexity of sophisticated enterprise software solutions.
With Zengines, there is a better way.
An entirely new way of converting dataTM
Zengines has developed industry-specific AI models that dramatically improve the speed at which data is analyzed, matched, transformed, and loaded into new target systems.
The Zengines data conversion platform is an end-to-end SaaS application that supports the full lifecycle of every data conversion project. Zengines has three major components.
1. Analyzer.Identifydatarequirementsfornewtargetsystemsandanalyzethe data and schemas of the source systems that are being replaced.
- Mapper. Generate field and code list matchings, perform needed data transformations, quality checks, coercion, and business rules.
- Loader.Loadthetargetsystemswiththetransformeddatadirectlythroughload files or APIs. Test and validate that the conversion was completed correctly.
Benefits
Reduced Costs
Conversions consume up to a third of the time set aside for migrations. By automating these processes Zengines helps take cost out of your migrations.
Managed Risk
The complexity of the conversion process makes them tricky to manage. Our built-in processes and project visibility tools help your teams control risk.
Automated Expertise
In most conversions, experts are asked to work on everything, overloading scarce resources. Zengines reduces reliance on experts and automates manual tasks – freeing time of valuable staff.
zengines.ai •
An entirely new way of converting data
The power of AI
By training AI-models with industry-specific data, it is now possible to automate tasks that required expert knowledge, such as: • Project scoping
• Data cleansing and enrichment
• Mapping and transformations (including many-to-many)
• Testing and reconciliation Without Zengines
Conversions are done using
people – some mix of internal,
vendor, professional services, with Excel and SQL, and usually requiring some technical expertise.
Conversions require expertise in both the source and target systems.
There is incomplete understanding of current data and its issues. Business knows the data is “bad” but don’t know where, why, or how to fix it.
Data transformations are individually hand-crafted for each element being migrated. The process is prone to errors that aren’t identified until much later.
Parallel testing of the old and new systems is done by hand, usually by operations personnel who have “day jobs” and lasts for months.
With Zengines
Every step in the data conversion process is supported
by intelligent software that is usable by a business analyst.
“Translator expertise” is already embed- ded inside Zengines and it continuously learns from each project.
Data is analyzed and profiled within minutes,
giving business a comprehensive view of their data to drive data quality improvements and testing.
Most transformations are generated automatically. Complex transformations can be designed and tested within a tailored Zengines UI.
Special cross-system testing tools enormously simplify the testing and comparison process. Testing results flow directly back into Zengines to iteratively
improves data over the life of the project.
An entirely new way of converting data• zengines.ai • info@zengines.ai
AI-powered Data Conversion For Enterprise System Migrations
AI-powered Data Conversion
For Enterprise System Migrations
Zengines reduces the time, cost and risk of Enterprise System Migrations
The pace of change for businesses today is unrelenting and accelerating. To remain competitive, every business must invest in digital transformation, new software applications, innovative managed services, and next generation cloud-based solutions. There is no choice – and you can’t leave your data behind.
Companies spend more than $100B each year converting data to new business systems. The data conversion problem has always been messy and complex – and severely constrains an organization’s ability to execute their business and technology strategy.
Typically, teams of industry experts are deployed to support the data conversion process. While these experts bring talent and project methodologies, the tools to support their work have not kept pace. Data conversion projects still rely on spreadsheets and custom code to do the heavy lifting.
With Zengines, there is a better way.
An entirely new way of converting dataTM
Zengines has developed industry-specific AI models that dramatically improve the speed at which data is analyzed, matched, transformed, and loaded into new target systems.
The Zengines platform supports the end-to-end data conversion process with three major components.
1. Analyzer.Identifydatarequirements for new target systems and analyze the data and schemas of the source systems that are being replaced.
2. Mapper.Generatefieldandcodelistmatchings,performneededdata transformations, quality checks, and business rules.
3. Loader.Loadthetargetsystemswiththetransformeddatadirectlythrough load files or APIs. Test and validate that the conversion was completed correctly.
Benefits
Reduced Costs
Conversions consume up to a third of the time set aside for migrations. By automating these processes Zengines helps take cost out of your migrations.
Managed Risk
The complexity of the conversion process makes them tricky to manage. Our built-in processes and project visibility tools help your teams control risk.
Automated Expertise
In most conversions, experts are asked to work on everything, overloading scarce resources. Zengines reduces reliance on experts and automates manual tasks – freeing time of valuable staff.
zengines.ai •
An entirely new way of converting data
The power of AI
By training AI-models with industry-specific data, it is now possible to automate tasks that required expert knowledge, such as: • Project scoping
• Data cleansing and enrichment
• Mapping and transformations (including many-to-many)
• Testing and reconciliation Without Zengines
Conversions are done using
people – some mix of internal,
vendor, professional services, with Excel and SQL, and usually requiring some technical expertise.
Conversions require expertise in both the source and target systems.
There is incomplete understanding of current data and its issues. Business knows the data is “bad” but don’t know where, why, or how to fix it.
Data transformations are individually hand-crafted for each element being migrated. The process is prone to errors that aren’t identified until much later.
Parallel testing of the old and new systems is done by hand, usually by operations personnel who have “day jobs” and lasts for months.
With Zengines
Every step in the data conversion process is supported
by intelligent software that is usable by a business analyst.
“Translator expertise” is already embed- ded inside Zengines and it continuously learns from each project.
Data is analyzed and profiled within minutes,
giving business a comprehensive view of their data to drive data quality improvements and testing.
Most transformations are generated automatically. Complex transformations can be designed and tested within a tailored Zengines UI.
Special cross-system testing tools enormously simplify the testing and comparison process. Testing results flow directly back into Zengines to iteratively
improves data over the life of the project.
An entirely new way of converting data • zengines.ai • info@zengines.ai