Data quality improvements follow specific, clear leadership from the top. Project leaders count data quality among project goals when senior management encourages them to do so with unequivocal incentives, a common business vocabulary, shared understanding of data quality principles, and general agreement on the objects of interest to the business and their key characteristics.
Poor data quality costs businesses about “$15 million per year in losses, according to Gartner.” AsTendü Yoğurtçuputs it, “artificial intelligence (AI) and machine learning algorithms are only as effective as the data they use.” Data scientistsunderstandthe difficulties well, as they spend over 70% of their time in data prep.
Recent studies report that data entry typos are the largest source of poor data quality (here and here). My experience says otherwise. From what I’ve seen, operational data is generally good, and data errors only appear when data changes context. In this post I’ll detail why data quality is management’s responsibility, and why data quality will remain poor until leadership makes it a priority.Continue reading →
“At least 84 percent of consumers across all industries say their experiences using digital tools and services fall short of expectations.”* That quote headed a recent article by David Roe on the role of data integration in digital workplace apps. However, the opening quote reflects the pervasive dearth of integrated data among the companies most of us frequent.
We’ve all experienced the effects. Last week I was in a fender bender. Due to a mixup I didn’t have my insurance card with me, so I called the insurance company to get the info. They had no record of me associated with my car. It turned out that my car is insured under my wife’s name, hers under mine. Although I’ve been their customer for 25 years, and was driving my own car, they couldn’t give me insurance info. Sure, they were following good security practices. But I’m not letting them off the hook. Continue reading →