Competing with High Quality Data

Competing with High Quality Data PDF Author: Rajesh Jugulum
Publisher: John Wiley & Sons
ISBN: 111841649X
Category : Business & Economics
Languages : en
Pages : 304

Get Book

Book Description
Create a competitive advantage with data quality Data is rapidly becoming the powerhouse of industry, butlow-quality data can actually put a company at a disadvantage. Tobe used effectively, data must accurately reflect the real-worldscenario it represents, and it must be in a form that is usable andaccessible. Quality data involves asking the right questions,targeting the correct parameters, and having an effective internalmanagement, organization, and access system. It must be relevant,complete, and correct, while falling in line with pervasiveregulatory oversight programs. Competing with High Quality Data: Concepts, Tools andTechniques for Building a Successful Approach to Data Qualitytakes a holistic approach to improving data quality, fromcollection to usage. Author Rajesh Jugulum is globally-recognizedas a major voice in the data quality arena, with high-levelbackgrounds in international corporate finance. In the book,Jugulum provides a roadmap to data quality innovation,covering topics such as: The four-phase approach to data quality control Methodology that produces data sets for different aspects of abusiness Streamlined data quality assessment and issue resolution A structured, systematic, disciplined approach to effectivedata gathering The book also contains real-world case studies to illustrate howcompanies across a broad range of sectors have employed dataquality systems, whether or not they succeeded, and what lessonswere learned. High-quality data increases value throughout theinformation supply chain, and the benefits extend to the client,employee, and shareholder. Competing with High Quality Data:Concepts, Tools and Techniques for Building a Successful Approachto Data Quality provides the information and guidance necessaryto formulate and activate an effective data quality plan today.

Competing with High Quality Data

Competing with High Quality Data PDF Author: Rajesh Jugulum
Publisher: John Wiley & Sons
ISBN: 111841649X
Category : Business & Economics
Languages : en
Pages : 304

Get Book

Book Description
Create a competitive advantage with data quality Data is rapidly becoming the powerhouse of industry, butlow-quality data can actually put a company at a disadvantage. Tobe used effectively, data must accurately reflect the real-worldscenario it represents, and it must be in a form that is usable andaccessible. Quality data involves asking the right questions,targeting the correct parameters, and having an effective internalmanagement, organization, and access system. It must be relevant,complete, and correct, while falling in line with pervasiveregulatory oversight programs. Competing with High Quality Data: Concepts, Tools andTechniques for Building a Successful Approach to Data Qualitytakes a holistic approach to improving data quality, fromcollection to usage. Author Rajesh Jugulum is globally-recognizedas a major voice in the data quality arena, with high-levelbackgrounds in international corporate finance. In the book,Jugulum provides a roadmap to data quality innovation,covering topics such as: The four-phase approach to data quality control Methodology that produces data sets for different aspects of abusiness Streamlined data quality assessment and issue resolution A structured, systematic, disciplined approach to effectivedata gathering The book also contains real-world case studies to illustrate howcompanies across a broad range of sectors have employed dataquality systems, whether or not they succeeded, and what lessonswere learned. High-quality data increases value throughout theinformation supply chain, and the benefits extend to the client,employee, and shareholder. Competing with High Quality Data:Concepts, Tools and Techniques for Building a Successful Approachto Data Quality provides the information and guidance necessaryto formulate and activate an effective data quality plan today.

Executing Data Quality Projects

Executing Data Quality Projects PDF Author: Danette McGilvray
Publisher: Academic Press
ISBN: 0128180161
Category : Computers
Languages : en
Pages : 376

Get Book

Book Description
Executing Data Quality Projects, Second Edition presents a structured yet flexible approach for creating, improving, sustaining and managing the quality of data and information within any organization. Studies show that data quality problems are costing businesses billions of dollars each year, with poor data linked to waste and inefficiency, damaged credibility among customers and suppliers, and an organizational inability to make sound decisions. Help is here! This book describes a proven Ten Step approach that combines a conceptual framework for understanding information quality with techniques, tools, and instructions for practically putting the approach to work – with the end result of high-quality trusted data and information, so critical to today’s data-dependent organizations. The Ten Steps approach applies to all types of data and all types of organizations – for-profit in any industry, non-profit, government, education, healthcare, science, research, and medicine. This book includes numerous templates, detailed examples, and practical advice for executing every step. At the same time, readers are advised on how to select relevant steps and apply them in different ways to best address the many situations they will face. The layout allows for quick reference with an easy-to-use format highlighting key concepts and definitions, important checkpoints, communication activities, best practices, and warnings. The experience of actual clients and users of the Ten Steps provide real examples of outputs for the steps plus highlighted, sidebar case studies called Ten Steps in Action. This book uses projects as the vehicle for data quality work and the word broadly to include: 1) focused data quality improvement projects, such as improving data used in supply chain management, 2) data quality activities in other projects such as building new applications and migrating data from legacy systems, integrating data because of mergers and acquisitions, or untangling data due to organizational breakups, and 3) ad hoc use of data quality steps, techniques, or activities in the course of daily work. The Ten Steps approach can also be used to enrich an organization’s standard SDLC (whether sequential or Agile) and it complements general improvement methodologies such as six sigma or lean. No two data quality projects are the same but the flexible nature of the Ten Steps means the methodology can be applied to all. The new Second Edition highlights topics such as artificial intelligence and machine learning, Internet of Things, security and privacy, analytics, legal and regulatory requirements, data science, big data, data lakes, and cloud computing, among others, to show their dependence on data and information and why data quality is more relevant and critical now than ever before. Includes concrete instructions, numerous templates, and practical advice for executing every step of The Ten Steps approach Contains real examples from around the world, gleaned from the author’s consulting practice and from those who implemented based on her training courses and the earlier edition of the book Allows for quick reference with an easy-to-use format highlighting key concepts and definitions, important checkpoints, communication activities, and best practices A companion Web site includes links to numerous data quality resources, including many of the templates featured in the text, quick summaries of key ideas from the Ten Steps methodology, and other tools and information that are available online

Robust Quality

Robust Quality PDF Author: Rajesh Jugulum
Publisher: CRC Press
ISBN: 0429877269
Category : Business & Economics
Languages : en
Pages : 126

Get Book

Book Description
Historically, the term quality was used to measure performance in the context of products, processes and systems. With rapid growth in data and its usage, data quality is becoming quite important. It is important to connect these two aspects of quality to ensure better performance. This book provides a strong connection between the concepts in data science and process engineering that is necessary to ensure better quality levels and takes you through a systematic approach to measure holistic quality with several case studies. Features: Integrates data science, analytics and process engineering concepts Discusses how to create value by considering data, analytics and processes Examines metrics management technique that will help evaluate performance levels of processes, systems and models, including AI and machine learning approaches Reviews a structured approach for analytics execution

Competing on Analytics

Competing on Analytics PDF Author: Thomas H. Davenport
Publisher: Harvard Business Press
ISBN: 1422156303
Category : Business & Economics
Languages : en
Pages : 243

Get Book

Book Description
You have more information at hand about your business environment than ever before. But are you using it to “out-think” your rivals? If not, you may be missing out on a potent competitive tool. In Competing on Analytics: The New Science of Winning, Thomas H. Davenport and Jeanne G. Harris argue that the frontier for using data to make decisions has shifted dramatically. Certain high-performing enterprises are now building their competitive strategies around data-driven insights that in turn generate impressive business results. Their secret weapon? Analytics: sophisticated quantitative and statistical analysis and predictive modeling. Exemplars of analytics are using new tools to identify their most profitable customers and offer them the right price, to accelerate product innovation, to optimize supply chains, and to identify the true drivers of financial performance. A wealth of examples—from organizations as diverse as Amazon, Barclay’s, Capital One, Harrah’s, Procter & Gamble, Wachovia, and the Boston Red Sox—illuminate how to leverage the power of analytics.

Competing on the Edge

Competing on the Edge PDF Author: Shona L. Brown
Publisher: Harvard Business Press
ISBN: 9780875847542
Category : Business & Economics
Languages : en
Pages : 322

Get Book

Book Description
In their startling new book, authors Brown and Eisenhardt contend that to prosper in today's fiercely competitive business environments, a new paradigm--competing on the edge--must be implemented as a new survival strategy. This book focuses on specific management dilemmas and illustrates solutions that work when the name of the game is change.

Common Data Sense for Professionals

Common Data Sense for Professionals PDF Author: Rajesh Jugulum
Publisher: CRC Press
ISBN: 1000514102
Category : Business & Economics
Languages : en
Pages : 123

Get Book

Book Description
Data is an intrinsic part of our daily lives. Everything we do is a data point. Many of these data points are recorded with the intent to help us lead more efficient lives. We have apps that track our workouts, sleep, food intake, and personal finance. We use the data to make changes to our lives based on goals we have set for ourselves. Businesses use vast collections of data to determine strategy and marketing. Data scientists take data, analyze it, and create models to help solve problems. You may have heard of companies having data management teams or chief information officers (CIOs) or chief data officers (CDOs), etc. They are all people who work with data, but their function is more related to vetting data and preparing it for use by data scientists. The jump from personal data usage for self-betterment to mass data analysis for business process improvement often feels bigger to us than it is. In turn, we often think big data analysis requires tools held only by advanced degree holders. Although advanced degrees are certainly valuable, this book illustrates how it is not a requirement to adequately run a data science project. Because we are all already data users, with some simple strategies and exposure to basic analytical software programs, anyone who has the proper tools and determination can solve data science problems. The process presented in this book will help empower individuals to work on and solve data-related challenges. The goal of this book is to provide a step-by-step guide to the data science process so that you can feel confident in leading your own data science project. To aid with clarity and understanding, the author presents a fictional restaurant chain to use as a case study, illustrating how the various topics discussed can be applied. Essentially, this book helps traditional businesspeople solve data-related problems on their own without any hesitation or fear. The powerful methods are presented in the form of conversations, examples, and case studies. The conversational style is engaging and provides clarity.

Encyclopedia of Decision Making and Decision Support Technologies

Encyclopedia of Decision Making and Decision Support Technologies PDF Author: Adam, Frederic
Publisher: IGI Global
ISBN: 1599048442
Category : Computers
Languages : en
Pages : 1019

Get Book

Book Description
As effective organizational decision making is a major factor in a company's success, a comprehensive account of current available research on the core concepts of the decision support agenda is in high demand by academicians and professionals. Through 110 authoritative contributions by over 160 of the world's leading experts the Encyclopedia of Decision Making and Decision Support Technologies presents a critical mass of research on the most up-to-date research on human and computer support of managerial decision making, including discussion on support of operational, tactical, and strategic decisions, human vs. computer system support structure, individual and group decision making, and multi-criteria decision making.

Analytics at Work

Analytics at Work PDF Author: Thomas H. Davenport
Publisher: Harvard Business Press
ISBN: 1422177696
Category : Business & Economics
Languages : en
Pages : 231

Get Book

Book Description
As a follow-up to the successful Competing on Analytics, authors Tom Davenport, Jeanne Harris, and Robert Morison provide practical frameworks and tools for all companies that want to use analytics as a basis for more effective and more profitable decision making. Regardless of your company's strategy, and whether or not analytics are your company's primary source of competitive differentiation, this book is designed to help you assess your organization's analytical capabilities, provide the tools to build these capabilities, and put analytics to work. The book helps you answer these pressing questions: What assets do I need in place in my organization in order to use analytics to run my business? Once I have these assets, how do I deploy them to get the most from an analytic approach? How do I get an analytic initiative off the ground in the first place, and then how do I sustain analytics in my organization over time? Packed with tools, frameworks, and all new examples, Analytics at Work makes analytics understandable and accessible and teaches you how to make your company more analytical.

Competing on Analytics: Updated, with a New Introduction

Competing on Analytics: Updated, with a New Introduction PDF Author: Thomas Davenport
Publisher: Harvard Business Press
ISBN: 1633693732
Category : Business & Economics
Languages : en
Pages : 320

Get Book

Book Description
The New Edition of a Business Classic This landmark work, the first to introduce business leaders to analytics, reveals how analytics are rewriting the rules of competition. Updated with fresh content, Competing on Analytics provides the road map for becoming an analytical competitor, showing readers how to create new strategies for their organizations based on sophisticated analytics. Introducing a five-stage model of analytical competition, Davenport and Harris describe the typical behaviors, capabilities, and challenges of each stage. They explain how to assess your company’s capabilities and guide it toward the highest level of competition. With equal emphasis on two key resources, human and technological, this book reveals how even the most highly analytical companies can up their game. With an emphasis on predictive, prescriptive, and autonomous analytics for marketing, supply chain, finance, M&A, operations, R&D, and HR, the book contains numerous new examples from different industries and business functions, such as Disney’s vacation experience, Google’s HR, UPS’s logistics, the Chicago Cubs’ training methods, and Firewire Surfboards’ customization. Additional new topics and research include: Data scientists and what they do Big data and the changes it has wrought Hadoop and other open-source software for managing and analyzing data Data products—new products and services based on data and analytics Machine learning and other AI technologies The Internet of Things and its implications New computing architectures, including cloud computing Embedding analytics within operational systems Visual analytics The business classic that turned a generation of leaders into analytical competitors, Competing on Analytics is the definitive guide for transforming your company’s fortunes in the age of analytics and big data.

Entity Information Life Cycle for Big Data

Entity Information Life Cycle for Big Data PDF Author: John R. Talburt
Publisher: Morgan Kaufmann
ISBN: 012800665X
Category : Computers
Languages : en
Pages : 255

Get Book

Book Description
Entity Information Life Cycle for Big Data walks you through the ins and outs of managing entity information so you can successfully achieve master data management (MDM) in the era of big data. This book explains big data’s impact on MDM and the critical role of entity information management system (EIMS) in successful MDM. Expert authors Dr. John R. Talburt and Dr. Yinle Zhou provide a thorough background in the principles of managing the entity information life cycle and provide practical tips and techniques for implementing an EIMS, strategies for exploiting distributed processing to handle big data for EIMS, and examples from real applications. Additional material on the theory of EIIM and methods for assessing and evaluating EIMS performance also make this book appropriate for use as a textbook in courses on entity and identity management, data management, customer relationship management (CRM), and related topics. Explains the business value and impact of entity information management system (EIMS) and directly addresses the problem of EIMS design and operation, a critical issue organizations face when implementing MDM systems Offers practical guidance to help you design and build an EIM system that will successfully handle big data Details how to measure and evaluate entity integrity in MDM systems and explains the principles and processes that comprise EIM Provides an understanding of features and functions an EIM system should have that will assist in evaluating commercial EIM systems Includes chapter review questions, exercises, tips, and free downloads of demonstrations that use the OYSTER open source EIM system Executable code (Java .jar files), control scripts, and synthetic input data illustrate various aspects of CSRUD life cycle such as identity capture, identity update, and assertions