Background

• Going to a data architecture that is in line with the Solvay Data Ocean Strategy.
• By providing a single model, storage and processing costs can be lowered by eliminating duplicate and redundant data, and preprocessing data up-front, resulting in a more compact and effective dataset and providing a single source of truth for analysis and decision-making
• Having a single source of truth will improve the consistency, accuracy, and integration of the data used for Predictive Modeling and in the dashboards
• Improve security and increment the Data Governance  

• It will improve the quality of the data available for analysis and decision-making and will provide a consistent view of the data across different data products, simplifying the identification and correction of any inconsistencies or inaccuracies in the data, as well as ensuring compliance with data governance policies.
• It should improve the efficiency, cost-effectiveness, and accuracy of the data products by reducing storage requirements.