DataEd Slides: Getting Data Quality Right – Success Stories from DATAVERSITY To view just the On Demand recording of this presentation, click HERE>> About the Webinar Good data is like good water: best served fresh, and ideally well-filtered. Data Management strategies can produce tremendous procedural improvements and increased profit margins across the board, but only […]
DataEd Webinar: Getting Data Quality Right – Success Stories
To view just the slides from this presentation, click HERE>> About the Webinar Good data is like good water: best served fresh, and ideally well-filtered. Data Management strategies can produce tremendous procedural improvements and increased profit margins across the board, but only if the data being managed is “of sufficient quality.” This program provides a […]
How Master Data Management Enables Two Types of Data Monetization
Click to learn more about author Bill O’Kane. According to Gartner, data monetization refers to the process of using data to obtain a quantifiable economic benefit. Internal or indirect methods include using data to make measurable business performance improvements and inform decisions. External or direct methods include data sharing to gain beneficial terms or conditions […]
What Is Data Stewardship?
The Data Management Body of Knowledge (DMBOK) defines Data Stewardship as: “The most common label to describe accountability and responsibility for data and processes that ensure effective control and use of data assets. Stewardship can be formalized through job titles and descriptions, or it can be a less formal function driven by people trying to […]
What Is a Data Democracy?
A data democracy describes a methodological framework of values and actions that benefit and minimize any harm to the public or the typical user. Organizations like Data for Democracy, initiated by Bloomberg and BrightHive, and projects like Data for Democracy, established by the University of Washington to help Myanmar transition to a data democracy, are spearheading […]
Case Study: Polaris Puts Data Analysis in the Service of Defeating Human Trafficking
Human trafficking is believed to be the third-largest criminal activity in the world, according to the FBI. The Department of Homeland Security advises that industries around the world including agriculture, hospitality, restaurant, and domestic work, as well as prostitution, often take advantage of modern slavery. Those pulled into this underworld are often held in isolation […]
What Is Reference Data?
Reference data (a.k.a. as master data, or golden copy, or single source of truth [SSOT] ) describes the set of data an organization needs for daily operations. According to the DAMA-DMBoK2, reference data characterizes or classifies or relates to other data or information external to the organization. It describes the core entities of the business […]
Seven Tools for Effective CDO Leadership
The position of Chief Data Officer (CDO) is relatively new in the federal government, and emerging regulations are providing leadership opportunities for the CDO. A new law, the Foundations for Evidence-Based Policymaking Act, went into effect on January 14, 2019, establishing a set of standards and practices for the United States federal government to modernize […]
Data Governance for Enterprises: Important Principles for Value Generation
Click to learn more about author Deepak Gupta. Data Governance has emerged as one of the top priorities for organizations across the globe. Given this reality, organizations are handling their data consistently to support business outcomes. So, what is Data Governance for enterprises, and why is it important? Data Governance is a set of laws […]
Data Anonymization: Use Personal Data AND Respect Privacy
Click to learn more about author Stephan Kessler. Today’s information technology allows many organizations to generate, integrate, store, and analyze data of unprecedented size and complexity. In many cases, this is personal data, and its usage is restricted according to privacy laws and regulations. In 2018, the European Union introduced the General Data Protection Regulation […]