Data Digest: Turning Old Data into New Profits, Better Governance, Improving Data Quality
The new economy of data says sell your data when your analysis is complete. Plus why better governance means better data and a real strategy to improve data quality.
- By Quint Turner
- February 11, 2016
Better Governance Equals Better Data
If your enterprise collects a bunch of data but does not know where said data came from, if it is accurate, or can answer any number of important questions, that data is not useful. Governing big data is a chore, but an important one. This article reviews the major problems in data quality and governance and how to fix them.
A Real Strategy to Improve Data Quality
(Source: Business 2 Community)
The actual quality of data is a huge problem; up to 96 percent of customer contact data is partially incorrect. This statistic is in part due to data decay. Combating this decay requires a smart strategy, which this article outlines.
Turning Old Data into New Profits
Once your data quality is high and all governance operations have been completed, what can you do with it after it is analyzed? The new economy of data says “sell it!” This article covers some of the steps to take to sell data as a service.
Quint Turner is an editorial intern at TDWI and an undergraduate English student at Skidmore College. Follow his blog at pungry.com.