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Data Quality Blog

http://blog.naveego.com

Wes Sovis

Wes Sovis

Wes is a technology professional who specializes in marketing and business development.


The Immediate Benefits of a Data Quality Solution

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If you’re relatively new to the concept of utilizing a data quality tool to improve the veracity, timeliness, and structure of your data, then there are some benefits to this investment that you may have not considered. As a business leader, having more accurate metrics on which to run your business sounds great, but how does this change your business in such a way to justify the investment? Here are some simple, immediate, and overarching benefits to consider before you even get into the numbers themselves.

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Need Your Business Data in One Place? Meet Naveego SYNC

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Data’s ubiquitous nature in modern business has only increased in volume over the last five years. Coupled with the emergence of Cloud storage, this means companies are dealing with not only exponentially more date, but also with the fact it’s being stored in an increasing number of places. Across a company, data is captured, accumulated, and stored across innumerable applications, databases, and repositories. How, then, do data professionals generate the required metrics for higher ups to make informed businesses decisions if the company’s data is scattered across a number of silos?

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The FDA's Opioid Data Was Wrong. These Are the Consequences.

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The Food and Drug Administration learned an important, yet highly detrimental lesson in the importance of data quality this week. You may have seen reports on the news of the mistake, but when we go deeper than the just the headlines, we see just how impactful this situation is for not just the FDA, but for the data vendor, and more importantly, for organizations researching drug abuse across the country.

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Does Your Organization Need to Invest in Data Quality Help?

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If you’re considering finding out more about data quality solutions, there’s likely a reason you’re doing so. But identifying why a solution is necessary for your business and how it’d make a positive impact are two issues very much worth looking into prior to jumping into a solution head-first. If you’re considering a data quality solution, here are a few questions to ask yourself and your team before taking the issue to the C-Level.

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GDPR is Coming: Is Your Company Prepared?

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You’ve likely heard about GDPR (General Data Protection Regulation) going into effect for EU nations on May 25. It’s less likely that your data team has had much time to react to this new consumer protection. They may have thought it won’t have any impact if the organization is outside the EU’s jurisdiction. If they thought that, they’d be wrong. There's a lot to learn about the GDPR and its wide-ranging impacts on companies around the world. Here’s a look at why GDPR will be a watershed moment for businesses, consumers, and data management teams alike.

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75 Business Executives Had Their Data Quality Assessed: Here Are Two Key Takeaways from the Results

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It’s become a bit cliche to hear a business executive talk about being at data-first organization. However, more often than not, the number of companies who both walk the walk and talk the talk is few and far between. While accumulating, storing, and analyzing data has become commonplace, many executives are missing a crucial step in the data-driven culture they’re trying so hard to adopt. The important step they’re missing out on? Ensuring the data on which they’re basing their decisions is of high quality.

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What's Driving the Rapid Growth in the Data Quality Tools Industry?

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Companies around the world are expected to spend more and more on data quality tools in the coming years. How much? Well, the sums of money might be surprising to some, but to most within the industry, the notion of the cumulative spend of $1.2 billion by 2022 seems in line with the times. Why? Because there are new variables emerging that have made the generation of data increase exponentially, at the same time that the utilization of this data has become the main differentiator in almost every aspect of modern business.

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One Simple Way Marketers Can Improve Data Quality

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Good data quality processes can have an incredibly positive impact on the overall quality of an organization’s data. There’s perhaps no better representation of the importance of a data quality process than in a company’s marketing department. With digital marketing quickly becoming the main source of brand awareness, leads, and sales revenue, being an effectively data-driven department is crucial for success. So, how can your marketing department take action to collect and utilize clean, actionable data? Let’s take a look.

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Finally - A Data Quality Solution That is as Simple as it is Effective

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Effective. Unique. Revolutionary. Our data quality solution has been called a lot of things. But the description we enjoy most has been this one: simple. There are lots of data quality solutions out there that can get the job done, but they often require a level of investment and maintenance that reduce them to being less than cost-effective because they’re just too complicated. We knew we made our solution simple enough when even our marketing people can explain how it works. Here’s proof.

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A Few of the More Shocking Stats Associated with Data Quality

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I’ve been writing on data quality for over a year now and it remains one of the most fascinating tasks of my work week. It’s an industry that’s new, always changing, and is quickly becoming the most important aspect to a company’s chances of thriving in the digital age. But for the tens of thousands of words I’ve written since I jumped into the data quality space, it’s really the numbers that do the talking. If I could tell business leaders why data quality is crucial to their business’s success, here are the data sets I’d choose to present to the man or woman at the top.

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