BI Benefits in Reach for SMBs, But Some Effort Required
Jan 22, 2015 by Lyndsay Wise in Midmarket Analytics
ABSTRACT:
Successful BI for small and midsize businesses isn’t just about implementing software. They have work to do before deployments to make sure systems will be readily adopted and produce valid results.The business intelligence (BI) market is flooded with software packages targeted at small and...
Hidden Costs of Duplicate Data
Jan 22, 2015 by Dan Power in Information Governance
ABSTRACT:
A client asked me once about what rate of duplicate data was “normal” in customer master data. My initial answer was that, among companies that don’t have any formal master data management, data governance or data quality initiatives in place, duplication rates of 10%-30% (or more) are not...
Dirty Data Lakes and Dubious Analytics
Jan 22, 2015 by Barry Devlin in Information Architecture
ABSTRACT:
We have entered a period of history where information has become super-abundant.It would be wise, to consider all the ways this information can be misinterpreted or abused.Through ignorance, so-called confirmation bias, intention to deceive, and a dozen other causes, we can mislead, be misled, or...
Information Architecture and the Human Dimension, Part 1
Jan 22, 2015 by Barry Devlin in Information Architecture
ABSTRACT:
Information and data—two words we use almost interchangeably and without agreed definition in the IT industry. Add architecture, management or governance to either or both of them and the resulting cognitive dissonance can reach fever pitch. Speak to anyone in the business about some or all of...
Five Essential Elements of MDM
Jan 22, 2015 by Dan Power in Information Governance
ABSTRACT:
I think you can boil a successful Master Data Management (MDM) initiative down to these five essential elements:(1) A hub of some type – there are three major types of MDM hubs. In a Persistent Hub, all of the critical data is copied from the source system into the hub. In a Registry Hub, only...