Examining the relationship between MDM and customer intelligence
.@philsimon on whether organizations need MDM to gather valuable insights about their customers.
Tag: data quality
MDM intersections, Part 1: Data quality
Master data management (MDM) is distinct from other data management disciplines due to its primary focus on giving the enterprise a single view of the master data that represents key business entities, such as parties, products, locations and assets. MDM achieves this by standardizing, matching and consolidating common data elements across traditional and big
In search of the Holy Grail: Sorry Hadoop fans, only MDM delivers single view of customer
Single view of customer. It's a noble goal, not unlike the search for the Holy Grail – fraught with peril as you progress down the path of your data journey. If you're a hotelier, it can improve your customer's experience by providing the information from the casinos and the spa at check-in to better meet your
Data Governance - pierwsze kroki - część 4 z 4
Na tym etapie nasza organizacja posiada określone dla programu Data Governance cele biznesowe oraz zarządza i współdzieli definicje pojęć biznesowych, którymi się posługuje. Ten logiczny obszar zarządzania danymi i informacją uzupełniony został o pomost do metadanych technicznych - w poprzednim kroku uzyskaliśmy jedno miejsce łączące informacje o technicznym przepływie danych w organizacji
Tres características del Big Data que transformarán su manera de tomar decisiones
La grandeza de sus datos probablemente no es la característica más importante. De hecho, puede que ni siquiera figure dentro de los aspectos relevantes por los cuales usted debería preocuparse. La calidad, la integración de los silos, la manipulación y la extracción de valor de los datos no estructurados siguen
Does MDM need to be part of your data strategy?
.@philsimon on the role of MDM. TLDR: It depends.
Il Data Management è il futuro del tuo business
Tutti siamo a conoscenza del fatto che avere acqua pulita è una condizione necessaria alla sopravvivenza. Senza, è possibile restare in vita per circa tre giorni. Quindi cosa succede quando la fonte è inquinata? A meno di non filtrare acqua con particolare attenzione, le conseguenze per l’organismo saranno sicuramente negative.
What's the relationship between big data and MDM?
.@philsimon on the collision between the two.
The quality of data in motion
I've spent much of my career managing the quality of data after it was moved from its sources to a central location, such as an enterprise data warehouse. Nowadays not only do we have a lot more data – but a lot of it is in motion. One of the
Where should data quality happen?
In my previous post I discussed the practice of putting data quality processes as close to data sources as possible. Historically this meant data quality happened during data integration in preparation for loading quality data into an enterprise data warehouse (EDW) or a master data management (MDM) hub. Nowadays, however, there’s a lot of
IoT: How could your company benefit from real data accuracy?
We had just completed a four-week data quality assessment of an inside plant installation. It wasn't looking good. There were huge gaps in the data, particularly when we cross-referenced systems together. In theory, each system was meant to hold identical information of the plant equipment. But when we consolidated the
Gute Qualität der Produktstammdaten erhöht die Trefferquote
In erster Linie wird der Begriff Datenqualität mit Kunden- und Adressinformationen in Zusammenhang gebracht. Neben der Dublettensuche und Bereinigung von Adressdatenbeständen ist die Qualität der Produktstammdaten aber ebenfalls äußert wichtig, um automatisierte Prozessabläufe zu verbessern oder beispielsweise die Trefferquote bei Suchanfragen im Onlineshop zu erhöhen.
Characteristics of IoT data quality
In my last post we started to look at two different Internet of Things (IoT) paradigms. The first only involved streaming automatically generated data from machines (such as sensor data). The second combined human-generated and machine-generated data, such as social media updates that are automatically augmented with geo-tag data by
The internet of things and the question of data quality
The concept of the internet of things (IoT) is used broadly to cover any organization of communication devices and methods, messages streaming from the device pool, data collected at a centralized point, and analysis used to exploit the combined data for business value. But this description hides the richness of
Tabellenverknüpfung: Self-Service für Fachbereiche
Anwender in Risiko- oder Controlling-Abteilungen haben – in aller Regel – keine tiefer gehenden Kenntnisse in Abfragen von Datenbanken. Excel ist die Welt, in der sie zu Hause sind und sich wohlfühlen. Komplexe Datenbankfragen, wenn etwa Zusammenhänge zwischen Datenbanktabellen identifiziert werden sollen, führt die IT-Abteilung durch und stellt die Ergebnisse
Warum schlechte Datenqualität Bilanzen verdirbt und Leben gefährdet
Was zeichnet ein erfolgreiches Unternehmen aus? Entscheidender Indikator für den Erfolg ist der Umsatz und der daraus resultierende Gewinn des laufenden Geschäftsjahres. Was auf der einen Seite hart erarbeitet wird, geht allerdings auf der anderen Seite oft leichtfertig verloren. So büßen viele Unternehmen laut Analystenstudien etwa acht Prozent ihres Gewinns
Pushing data quality beyond boundaries
Throughout my long career of building and implementing data quality processes, I've consistently been told that data quality could not be implemented within data sources, because doing so would disrupt production systems. Therefore, source data was often copied to a central location – a staging area – where it was cleansed, transformed, unduplicated, restructured
Advantages of a standard insurance data model
In my first blog article I explained that many insurance companies have implemented a standard data model as base for their business analytics data warehouse (DWH) solutions. But why should a standard data model be more appropriate than an individual one designed especially for a certain insurance company?
Can SAS Data Management get you to soccer on time?
A soccer fairy tale Imagine it's Soccer Saturday. You've got 10 kids and 10 loads of laundry – along with buried soccer jerseys – that you need to clean before the games begin. Oh, and you have two hours to do this. Fear not! You are a member of an advanced HOA
Which comes first, data quality or data analytics?
While it’s obvious that chickens hatch from eggs that were laid by other chickens, what’s less obvious is which came first – the chicken or the egg? This classic conundrum has long puzzled non-scientists and scientists alike. There are almost as many people on Team Chicken as there are on Team
Data quality and cloud computing: What are the risks?
.@philsimon on the specific risks to data quality posed by cloud computing.
Health insurance, healthcare and pharmaceutical perspectives on data quality – Part 1
Does it upset you when you log onto your healthcare insurance portal and find that they spelled your name wrong, have your dependents listed incorrectly or your address is not correct? Well, it's definitely not a warm fuzzy feeling for me! After working for many years in the healthcare, pharmaceutical and
"Real MDM" and the quest for long-term data quality improvement
I'm frequently asked: "What causes poor data quality?" There are, of course, many culprits: Lack of a data culture. Poor management attitude. Insufficient training. Incorrect reward structure. But there is one reason that is common to all organizations – poor data architecture.
Self-service data prep versus data quality
Many data quality issues are a result of the distance separating data from the real-world object or entity it attempts to describe. This is the case with master data, which describes parties, products, locations and assets. Customer (one of the roles within party) master data quality issues are rife with examples, especially
Five data quality lessons from Amazon
@philsimon on what we can learn about data quality from Jeff Bezos's behemoth.
Big data, data standards and cross-platform integration
At a recent TDWI conference, I was strolling the exhibition floor when I noticed an interesting phenomenon. A surprising percentage of the exhibiting vendors fell into one of two product categories. One group was selling cloud-based or hosted data warehousing and/or analytics services. The other group was selling data integration products. Of
Data governance is nothing without data quality
When you spend long enough writing and working in any industry, you inevitably see trends emerge and reach varying levels of maturity. Data governance is one such trend, as you can see from the following Google Trends chart:
Top 5 data quality mistakes organizations make
.@philsimon lists the gravest data-quality errors.
Big data quality with continuations
I've been doing some investigation into Apache Spark, and I'm particularly intrigued by the concept of the resilient distributed dataset, or RDD. According to the Apache Spark website, an RDD is “a fault-tolerant collection of elements that can be operated on in parallel.” Two aspects of the RDD are particularly
How big of a deal is big data quality?
Data quality has always been relative and variable, meaning data quality is relative to a particular business use and can vary by user. Data of sufficient quality for one business use may be insufficient for other business uses, and data considered good by one user may be considered bad by others.