Can Better Quality Data Help Reduce Costs?

Jun 28, 2010 by Joyce Norris-Montanari

I just got done reading a white paper by DataFlux  called ‘Data Quality and Cost Reduction’.  The white paper can be found on www.b-eye-network.com or www.dataflux.com.  There was one item that particularly caught my eye in this paper.

Data quality management can be used to analyze operational processes, and the data that is manipulated in the processes to find inefficiencies.  These inefficiencies can then be corrected, thus leading to increased margins and profits.  I thought about his for a while, and related it to the project I am working on right now.  I SO AGREE!  There are so many processes that seem redundant or non-essential that just the analysis of these processes would be beneficial.  So, this is what we are going to do:

Data Quality Performance Metrics

Feb 15, 2006 by David Loshin

Although I wrote about ongoing measurements and quality control in my book on data quality, what has become more interesting to me five years later is the challenge in presenting the results of ongoing measurement in a way that effectively articulates the relationship between the measurement and the business value implied by rule compliance.

Why CDI and Data Quality?

Dec 19, 2005 by David Loshin

Customer Data Integration (CDI) is currently a very hot topic in the data world, along with its fraternal twin, Master Data Management (MDM). Yet the concepts behind CDI are not new, nor revolutionary – in fact the fundamental operations associated with integrating customer data are exactly the same ones that have been employed in the data cleansing world for twenty years. So why all the to-do?

Data Provenance and Data Quality

Dec 13, 2005 by David Loshin

Does the source of data affect its quality? I bet it does. In fact, there are some applications that rely on multiple sources of the same facts for mutual verification. In other words, information provided from one source is checked against the information provided by another source for accuracy. This raises a basic question: what criteria are used to determine the “golden source?”

The Importance of Data Profiling

Nov 01, 2005 by David Loshin

Ever since my first job in the data mining world I have long maintained an interest in the set of technologies that have evolved into what is now called “data profiling”. Because of the complexities of data management, clever database analysts and managers have often needed to bend the rules of sound information management principles, which has led to various data set anomalies, some predictable, and some utterly unpredictable.

Is the iPod a Business Intelligence Tool?

Oct 24, 2005 by David Loshin

I recently bought an iPod, although the motivating factor was less about my music listening, but rather more about the opportunity I saw in its use as a knowledge transfer device. In fact, I use it most frequently for relatively light studying while I am commuting – I download presentations and follow along in a text book (fortunately for all involved, I don’t do this while driving – I take the train to my client’s office).

David’s Welcome

Oct 24, 2005 by David Loshin

Welcome to my corner of the DataFlux blog! Some of you may recognize my name from DM Review columns, the B-Eye-Network expert channel, quarterly contributions to The Data Administration Newsletter, or from one of my books on data quality and business intelligence – but if not, let me introduce myself. My name…