FEB 1, 2011 4:21pm ET

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Is Your Data Complete and Accurate, But Useless to Your Business?

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Ensuring that complete and accurate data is being used to make critical daily business decisions is perhaps the primary reason why data quality is so vitally important to the success of your organization.

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Comments (15)
Amen, bruddah - "I really like these trees, but I also need to understand the forest."

- SP

Posted by Stephen P | Wednesday, February 02 2011 at 1:46PM ET
I agree with your fundamental premise on actual business usefullness being the driving force behind data quality. I would go a step further to say that the degree of business value risk associated with invalid data should be the determining factor in the amount of resource applied to monitor and correct quality issues for that piece of data.

One thing you neglected is that business processes change, and that data which is currently not utilized in business processes may actually be utilized in the future. For each data element, there is a probability, which would be greater than or equal to zero, that this data would be used in future business processes. I feel that this probabilistic value based on potential future usage should also be considered when determining a data quality strategy, not just current "actualized" business value.

Posted by Ralph M | Wednesday, February 02 2011 at 2:23PM ET
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