Poor data quality is consequential now more than ever businesses access more and more data and manipulate it to their advantage. Users also have a larger list of options to choose from in case one house fails them.
Impacts of poor data quality
Organizations may not be able to avoid bad data altogether. The best…Continue
Added by Indhu on January 5, 2021 at 2:00am — No Comments
Trustable data is defined as data that comes from reliable sources and used according to its intended and delivered in the appropriate formats and time frames for the specific users.
Trustable data helps in effective decision making. The properties mentioned in the definition makes data trustworthy for effective decision making.
Trust Factors of data:
Trustable data are good only if they meet certain basic requirements. Here are some of the…Continue
Added by Indhu on December 22, 2020 at 11:30pm — No Comments
With the digital world growing competitive by the day, everyone is trying to understand their customers better and make finance, product development, and marketing decisions based on real data for a better return on investment (ROI). If you don’t make use of data, there is a chance you will lag behind or, at least, use more money and energy to keep up with your data-driven competitors. That said, data needs to be accurate and of high quality to be useful. Bad data is inaccurate, unreliable,…Continue
Added by Indhu on November 10, 2020 at 9:44pm — No Comments
Added by Indhu on October 28, 2020 at 2:30am — No Comments
Here are some of the things a company can do to improve the quality of the information it collects:
1. Data Governance plan
A good data governance plan should not only talk about…Continue
Added by Indhu on October 26, 2020 at 11:30pm — No Comments