Building a Framework for Data Quality Management
Data quality management has emerged as an increasingly important factor in determining the success of big data analytics and AI/machine learning initiatives. Even at a purely operational level, the quality of the data you maintain on customers, products, and suppliers is extraordinarily important. Evolving customer expectations around hyper-personalized experiences and consistent interaction across multiple channels […]
5 Pillars of Effective Data Management
Enterprises today are relying more than ever on having good data with which to work. Critical business decisions, from an organization’s strategic direction to the details of its everyday operations, depend on having information that is accurate, complete, and timely. Achieving that level of data excellence doesn’t happen automatically. It is the result of active […]
Frustrated Over Data Disorganization? Why You Need a Data Catalog Now
Data contains the keys to managing your company’s most valuable assets. Businesses use data catalog tools to make crucial decisions, monitor systems, overcome challenges, solve problems and the list goes on. With the mountains of data and materials data users must sift through to find the information they need, it’s not surprising Gartner says that […]
Four Considerations for Streamlining Data Initiatives in Work From Home Environments
By now, it’s clear that remote working is the new normal. Businesses have settled into their work from home practices , managing employees offsite and learning new ways to remain productive. IT teams have figured out how to provide secure access to data for a remote workforce. And business teams replicated their work environment in […]
Three Important Considerations for Data Integrity
According to Gartner Research, the average financial impact of poor data quality on organizations is $9.7 million per year. Enterprises are putting a greater focus on data integrity than ever before. The volume and velocity of the data available to decision-makers continue to rapidly increase. Data management – and particularly data integrity – are evolving […]
How to Achieve Good Data Quality in your SAP System
How much is good quality data worth to your organization? Data has become an important enterprise asset, and some analysts in data management suggest that reliable data is an invaluable strategic asset. Without good data, you cannot engage in strong business data analysis. Business growth and expansion decisions often rely on data analysis. Data quality […]
Data Quality: 4 Metrics to Monitor
Artificial intelligence and advanced analytics will be significant drivers of competitive advantage in the coming decade. The volume of available data has skyrocketed in recent years, made possible by the proliferation of mobile devices, IoT sensors, clickstream analytics, and other technology. Leading organizations will align their strategies around a clear vision for data integrity. Data […]
Information vs Data – What Is the Difference?
It’s a complaint we hear from executives at virtually every company we talk to: “We know that we have a ton of data,” they say, “spread out across all the various software systems, databases, and spreadsheets we use in this organization. We just have a hard time bringing it together and analyzing it in a […]
Winning Strategies for Successful Analytics Projects
How Organizations Leverage Data Analytics to Turn Data into Value For businesses to realize the full potential of their data assets, they must leverage data analytics and data prep to enhance operational efficiencies, drive growth, improve the customer experience and optimize business efficiency. The most advanced companies derive analytics from their data to evaluate the […]
Strengthen the Relationship between Data Quality and Data Governance
Your business runs on big data, but mission-critical data is only an advantage if it’s accessible and trustworthy. Organizations struggle to address data risks when assets live in hard-to-access siloes. Furthermore, untrustworthy data is a barrier to compliance and digital transformation initiatives like analytics and AIOps. Data governance is a top focus for 62 percent of […]
A Chief Data Officer’s 4 Imperatives for Achieving Data Intelligence and Driving Transformation
Data is one of the most valuable assets that a business can have in their digital transformation journey. It’s so important, that corporations will eventually formally recognize data as an asset on corporate balance sheets, alongside hard assets like real estate or inventory, and intangibles such as intellectual property or goodwill. It’s only natural, then, […]
Achieving Data Compliance: What You Need to Know
Data compliance is not a static issue. In fact, it’s been shifting for years – and fast. As the Senior Vice President of Product Management here at Precisely, I talk to a lot of businesses who have been trying to keep up with these ever-changing regulatory requirements. Becoming more informed and prepared to tackle these […]