It’s been a truism that data is a resource, but to prove it you just have to follow the money. As the illustration shows, the vast majority of corporate market value draws from intangible assets. Just as money is an abstraction that represents wealth, data is an abstraction that represents these intangible assets.
It’s year three after initial rollout of the Leader’s Data Manifesto (LDM). Since then, many widely publicized events have highlighted the value of data and metadata, and the importance of sound data management (here, here, and here). Recently at Enterprise Data World, John Ladley, Danette McGilvray, James Price, and Tom Redman presented this year’s LDM update. They reintroduced the Manifesto, recounted events of the past year, discussed strategy for the coming year, and issued a call to action for data professionals. 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 →
What is Data Quality anyway? If you are a data professional, I’m sure someone from outside our field has asked you that question, and if you’re like me you’ve fallen into the trap of answering in data-speak.
To my listener, I’d guess that the experience was similar to having a customer service rep who has just turned down his simple request justify it by describing byzantine company policies.
There’s a ton of great writing available on data quality, and I in no way mean to disparage it or its value in the field. But in that writing I’ve yet to find a concise and compelling definition that’s useful to non-data professionals. I’ll review one or two prevailing definitions and then offer one that could help us unlock real data quality improvements. Continue reading →
Modern data architectures, by enabling data analytics insights, promise to drive order of magnitude value gains across many business sectors (here, here, and here). Not so long ago, big data presented a daunting challenge. Although tools were plentiful, we struggled to conceptualize the architecture and organization within which to capitalize on those tools. Now solid frameworks have emerged. This post reviews two promising models for modern data architecture, and discusses two key cultural values critical to their successful adoption: drive to solve business challenges and drive for universal data correctness. Continue reading →
In response to findings that many “safety-related events were caused by or related to incorrect patient identification”, the Office of the National Coordinator for Health Information Technology (ONC) worked with CMMI to develop the PDDQ Framework in order help organizations implement effective, sustainable data management practices around patient data management.
Groundbreaking? Yes. As a lean framework appropriate for small business the PDDQ shows how you can rightsize the Data Management Maturity Model to match your situation. That it is freely available demonstrates CMMI’s commitment to improving data quality in healthcare. Continue reading →
Even now the business case for a metadata tool seems unclear and difficult to quantify, but it isn’t impossible.
We in the data management business tend to devalue solutions that don’t clearly derive from a coherent top-level view. We seek applications defined from an enterprise architecture, database designs from an enterprise data model, and data elements consistent with the enterprise business glossary.
However, sometimes tactical gains make sense even when the big picture is missing, and tactical successes of metadata for analytics teams can raise consciousness that helps set the stage for evolving data management improvements. Continue reading →
Data quality doesn’t have to be a train wreck. Increased regulatory scrutiny, NoSQL performance gains, and the needs of data scientists are quietly changing views and approaches toward data quality. The result: a pathway to optimism and data quality improvement.
Here’s how you can get on the new and improved data quality train in each of those three areas: Continue reading →
Obviously, data management is important. Unfortunately, it is not prioritized in most organizations. Those that effectively manage data perform far better than organizations that don’t. Everyone who needs data to do his/her job must drive change to improve data management.
That was the theme of the recent Enterprise Data World (EDWorld) conference this week. This year’s EDWorld event might be the start of a new vitality and influence for the field, marked by introduction of a Leader’s Data Manifesto.
Over the years, data practitioners struggled for recognition and resources within their organizations. In reaction, they often focused on data “train wrecks” that this neglect causes. This year’s conference was no exception. For example: Continue reading →
Even though it happens annually, teams building new visualizations often forget to think about the effects of turning over from one year to another.
In today’s fast paced, Agile world, requirements for even the most critical dashboards and visualizations tend to evolve, and development often proceeds iteratively from a scratchpad sketch through successively more detailed versions to release of a “1.0” production version. Organized analytics teams evolve dashboards within a process framework that include checkpoints ensuring standards are met for security, reliability, usability, and so on.
A reporting team can build a revolutionary analytics capability enabling unprecedented visibility into operations, and then, if year turnover isn’t included in requirements, experience embarrassing errors and usability challenges in the January after initial deployment. In effect, the system experiences its own Y2.xK crisis, not too different from the expected Y2K crisis 16 years ago. Continue reading →
Recently I’ve had the opportunity to dig deeply into the CMMI Data Management Maturity model. Since its release, the DMM model has emerged as the de facto standard data management maturity framework (I’ve listed other frameworks at the end of this post).
I’m deeply impressed by the completeness and polish of the DMM model as a comprehensive catalog of processes required for effective data management. Even after decades in the business the broad scope and business focus of the model changed the way I think about data management.