Biggest Challenges Around Implementing Data Quality
Data helps the world move around, there is no argument about that. With increasing progress and technology influencing our everyday lives, more information can be collected and processed than before, making it easier than ever to access data.
However, upholding and implementing data quality continues to be a significant challenge for many firms, with a long list of factors leading corporations to suffer from their data’s efficacy.
We’ve outlined a list of seven common data quality problems in order to get a clearer understanding of what you should not do while operating in data-driven environs:
Accessibility
The information used by most data scientists to develop, analyze, theorize, and forecast the outcomes or results is always missing. The way data drips down to business analysts in big firms from agencies, branches, sub-divisions, and finally, the teams that operate on the data-brings information may or may not have straight access to the next user.
Poorly Interpreted Data
Frequently, Data is incorrectly interpreted, creating considerable uncertainty about the effective management approach. For instance, data that is categorized into the wrong section, such as a business account being filed as a single individual contact, can really screw it up in the database and make it more difficult to comprehend and work through the entire thing.
Poor Coordination
If you cannot scan the data quickly, you can find that it becomes substantially more difficult to use. There are hundreds of ways that data can be interpreted via numerous operational strategies and procedures.
Data Inconsistency
Inconsistency is a major sign that there is a data integrity concern when working with multiple data sources. The same documents might appear in a database many times in certain circumstances.
Duplicate Data is one of the main challenges for data-driven organizations and can reduce revenue rapidly than any other data challenge.
Fragmented Data
Most times, because data has not been properly integrated into the system or some files could have been manipulated, there could be some missing variables in the remaining data. For instance, if an address does not have a zip code at all, the remaining details might be of little use, since it may be challenging to ascertain the geographical component of it.
Security of Poor Data
Twenty percent of individuals declare that they will never consider doing business again with an organization that refused to treat their data competently and healthily. There must still be safeguards in place when dealing with consumer data to ensure that it will not be used for theft, spam, and fraud, which would also assure the lack of potential renewal.
Poor Recovery of Data
People normally spend 30 percent of their time with data, just searching for the data they need. Perhaps worse, in 40 percent of searches. Individuals can even locate the data that they were searching for in the first instance.
Throughout these data challenges, the general thread to get your records in the best possible state is that careful handling is the key. The perfect way to keep the data in order is by incorporating a constructive data approach that will take care of all the common data quality problems identified.
If you need help, iData is here! You can also check out the Getting Started with Data Quality and Advancing Your Career in Data courses from the iData Quality Academy.
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