Data Quality Where did it all go wrong? Ed Wrazen, Trillium Software



Similar documents
Master Data Management: More than a single view of the enterprise? Tony Fisher President and CEO

Enabling Data Quality

Choosing the Right Master Data Management Solution for Your Organization

Why is Master Data Management getting both Business and IT Attention in Today s Challenging Economic Environment?

Getting started with a data quality program

IRMAC SAS INFORMATION MANAGEMENT, TRANSFORMING AN ANALYTICS CULTURE. Copyright 2012, SAS Institute Inc. All rights reserved.

The Top Challenges in Big Data and Analytics

Informatica Master Data Management

Data Governance in a Siloed Organization

Trusted, Enterprise QlikViewreporting. data Integration and data Quality (It s all about data)

Data Quality Assessment. Approach

Harness the value of information throughout the enterprise. IBM InfoSphere Master Data Management Server. Overview

Riversand Technologies, Inc. Powering Accurate Product Information PIM VS MDM VS PLM. A Riversand Technologies Whitepaper

A discussion of information integration solutions November Deploying a Center of Excellence for data integration.

DataFlux Data Management Studio

Master Data Management

Data Governance: A Business Value-Driven Approach

Whitepaper Data Governance Roadmap for IT Executives Valeh Nazemoff

Enable Business Agility and Speed Empower your business with proven multidomain master data management (MDM)

The Advantages of a Golden Record in Customer Master Data Management

Master data deployment and management in a global ERP implementation

Trends In Data Quality And Business Process Alignment

White Paper. An Overview of the Kalido Data Governance Director Operationalizing Data Governance Programs Through Data Policy Management

Introduction to Business Intelligence

Data Management Roadmap

Data Virtualization A Potential Antidote for Big Data Growing Pains

Agile Master Data Management A Better Approach than Trial and Error

Data Governance: A Business Value-Driven Approach

Beyond the Single View with IBM InfoSphere

Data Quality in Retail

3/13/2008. Financial Analytics Operational Analytics Master Data Management. March 10, Looks like you ve got all the data what s the holdup?

Logical Modeling for an Enterprise MDM Initiative

Analance Data Integration Technical Whitepaper

IBM Software A Journey to Adaptive MDM

A Road Map to Successful Customer Centricity in Financial Services. White Paper

Master Your Data and Your Business Using Informatica MDM. Ravi Shankar Sr. Director, MDM Product Marketing

Best Practices for Maximizing Data Performance and Data Quality in an MDM Environment

The following is intended to outline our general product direction. It is intended for informational purposes only, and may not be incorporated into

Assessing and implementing a Data Governance program in an organization

10 Biggest Causes of Data Management Overlooked by an Overload

MDM and Data Warehousing Complement Each Other

<Insert Picture Here> Master Data Management

Master Data Management

How to Create a Business Focused Data Quality Assessment. Dylan Jones, Editor/Community Manager editor@dataqualitypro.com

Whitepaper. Data Warehouse/BI Testing Offering YOUR SUCCESS IS OUR FOCUS. Published on: January 2009 Author: BIBA PRACTICE

Technip Data Management Journey. IPMA Italy. Jean-Luc Brunat VP, Business Support Functions & Group Data Systems Group IT. Rome, December 3 rd 2013

ORACLE PRODUCT DATA HUB

James Serra Data Warehouse/BI/MDM Architect JamesSerra.com

Establishing a business performance management ecosystem.

dxhub Denologix MDM Solution Page 1

Leveraging Information For Smarter Business Outcomes With IBM Information Management Software

Enterprise Data Governance

So Long, Silos: Why Multi-Domain MDM Is Better For Your Business

The Data Governance Maturity Model

MDM for the Enterprise: Complementing and extending your Active Data Warehousing strategy. Satish Krishnaswamy VP MDM Solutions - Teradata

Master Data Management What is it? Why do I Care? What are the Solutions?

Operationalizing Data Governance through Data Policy Management

IBM InfoSphere Discovery: The Power of Smarter Data Discovery

Explore the Possibilities

Getting a head start in Software Asset Management

DECOMMISSIONING CASE : SIEBEL UCM TO INFORMATICA MDM HUB

FI-IMS Fertilizer Industry Information Management System

An RCG White Paper The Data Governance Maturity Model

Data Integration for the Real Time Enterprise

Data Quality & MDM Costs of making decisions on bad data. Vincent Lam Marketing Director

Applied Business Intelligence. Iakovos Motakis, Ph.D. Director, DW & Decision Support Systems Intrasoft SA

BI STRATEGY FRAMEWORK

The growing sophistication of the master data cleansing service industry

Analance Data Integration Technical Whitepaper

Semarchy Convergence for MDM The Next Generation Evolutionary MDM Platform

INFORMATION MANAGEMENT. Transform Your Information into a Strategic Asset

Benefits of Master Data Governance (MDG) ROI Study

Data Integration Checklist

Integrating Data Governance into Your Operational Processes

Washington State s Use of the IBM Data Governance Unified Process Best Practices

Dambaru Jena Senior Principal Hewlett-Packard (HP)

Customer Case Studies on MDM Driving Real Business Value

Getting Started with Data Governance. Philip Russom TDWI Research Director, Data Management June 14, 2012

5 Best Practices for SAP Master Data Governance

Mastering Data Management. Mark Cheaney Regional Sales Manager, DataFlux

<Insert Picture Here> Oracle Master Data Management Strategy

MDM Challenges and Solutions from the Real World

Realizing the True Power of Insurance Data: An Integrated Approach to Legacy Replacement and Business Intelligence

Best Practices in Contract Migration

MDM and Data Governance

Real World Strategies for Migrating and Decommissioning Legacy Applications

The Growing Practice of Operational Data Integration. Philip Russom Senior Manager, TDWI Research April 14, 2010

Business Intelligence

SAP BusinessObjects Information Steward

The Informatica Platform for Data Driven Healthcare

Transcription:

Data Quality Where did it all go wrong? Ed Wrazen, Trillium Software

Agenda Examples of data quality problems Why do data quality problems occur? The impact of poor data Why data quality is an enterprise issue Mitigating the risk of poor data quality

Examples of Data Quality Problem Retail company found over 1m records contained home tel number of 000000000 and addresses containing flight numbers Insurance company found customer records with 99/99/99 in creation date field of policy Car rental company discovered duplicate agreement numbers in their European data warehouse Healthcare company found 9 different values in gender field Food/Beverage retail chain found the same product was their No 1 and No 2 best sellers across their business

Real World Examples Order this: a part for the Sea Harrier weapons system Get this: A plastic bag

Real World Examples Order this: 1 day ration pack Get this: even the Marines can t eat valves!

Real World Examples One system s view Another system s view Defence Catering Group Stock Number: 99 000 1111 24 Hour Cold Climate Ration Pack Army Stores System 3 Stock Number: 99 000 1111 Valve Electronic

Data Impacts Financial Results DATA INFORMATION DECISIONS PROCESSES RESULTS comprise support drive produce Drive revenue Reduce operational costs Optimize processes Create growth opportunities Data is an important corporate asset that drives business processes, strategic decisions and financial results

Problems and sources of bad data

Data Integration and Migration System differences Poor information Incomplete Metadata Data Inconsistencies Rule Violations Data accessibility Time to analyse Focus on delivery not quality!!

Information Lifecycle Key to managing quality is understanding the process and data flows in your organization Sales Data Customer Data BI Data Corporate Reporting Data reformatting / Restructuring / Aggregation / Consolidation

The cost for the search for data Costs of Poor Data Quality Middle managers spend an average of two hours per day looking for data. 21% 42% Bombarded by too much information Departments don't share data The average IT manager spends 30% of their time trying to pin down information.. 38% 44% Can't figure out w hich information is current Get duplicate information Don't understand the value of the information they receive 39% Source: InformationWeek, January, 2007. The Hunt for Useless Data

Trend Towards Enterprise Data Quality Data quality is broadening beyond its departmental roots into enterprise scope usage. 2006 TDWI Data Quality Report finding

Why is Data Quality an Enterprise Issue? Data is a strategic asset Driving Master Data Management initiatives Driving Data Governance programs Significant operational cost savings Regulatory compliance Mergers and acquisitions Established enterprise technology initiatives ERP DW/BI CRM Emerging enterprise technology initiatives CDI MDM SOA

Mitigating the risk of poor data quality Stop making assumptions about your data Automate data analysis Discover hidden problems/information in your data Reduce data integration risks Ensure accurate and fit for purpose data Proactively measure, monitor and manage your data

Putting the Business Case Into Practice Action-Oriented Data Governance Iterate Scope project Define data metrics Relate to business metrics Capture baseline Implement & track Publish results Key to demonstrable ROI Key to justifiable ROI

3 Key Data Quality Steps Data Profiling and Discovery Automatic discovery of potential data issues Investigation of scale and causes Determine scope and resolution of problems Data Quality Cleansing Customize pre-built rules Apply in batch during migrations Real-time Integration into applications Data Quality Monitoring Identify key data quality metrics Monitor and measure over time Alerts Trends

Why Data Profiling & Discovery? Manual Profiling Data Analysis and Design Develop Move 50% 30% 20% Rework Automated Profiling 5% 30% 20% Budget & Deadline 90% Reduction (not including rework) Project Cost/Time

Data profiling to mitigate risk Automate data profiling Collaboration between information workers Business analysts, data stewards, data analysts, decision makers Provide view of data issues in context Technical data quality (structure, formats, integrity, content) Business data quality (business rules, data domains, reference data, business context) Create standards and monitor

More information and Contact Details White papers available at www.trilliumsoftware.com Data Quality Essentials: For any Data-Intensive Project Improving data migration with automated data profiling The ROI of data quality Building a tangible ROI for data quality Realizing Master Data Management Thank You Email: Ed.wrazen@trilliumsoftware.com Tel: UK (44) 118 940 7634