eBook

Seven Metrics to Assess Data Quality within your Data Governance Framework

Read this ebook to explore 7 metrics for data quality assessments within your data governance framework and avoid exposing your organization to unnecessary risk.

Introduction

Your business depends on accurate data. Inaccurate, incomplete, inconsistent data diminishes the quality of customer experiences, hinders operational efficiency, and threatens regulatory compliance, ultimately exposing your organization to unnecessary risk, instead of giving you the information you need.

Data governance initiatives seek to solve these problems, and to provide the business with trusted, high quality data that will boost marketing effectiveness, customer satisfaction, and ultimately revenue. Data governance tools like the Data Governance service in the Precisely Data Integrity suite provide a broad set of capabilities to identify and manage datasets. Sustainable data governance requires a solid foundation of quality data. It requires the right people, the right processes, and the right technology to turn raw, untamed data into valuable business insights.

Data quality refers to the ability of a set of data to serve an intended purpose. Low-quality data cannot be used effectively to do the thing with it that you wish to do. Data observability enables a big picture understanding of the health of an organization’s data through continuous AI/ML-enabled monitoring, detecting anomalies throughout the data pipeline and preventing data downtime. Data quality, data observability and data governance share a ‘symbiotic relationship’. Data governance needs appropriate data quality and data observability tools to not only clean the raw data, but to illustrate data errors, peculiarities and issues, in order to help compile the best standards and monitor the data quality against policies for critical data elements over time. Precisely’s industry leading data validation and data quality monitoring capabilities are an integrated component of the Data Governance service in the Precisely Data Integrity suite.

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