the data quality formula
DESCRIPTION
The Data Quality Formula details the fundamental elements to data quality; Detection, Analysis and Resolution. In order for businesses to realise success, they must understand the Rule of 3.TRANSCRIPT
DETECT ANALYSE RESOLVE
still REACTIVELY
RESPOND to data issues by
relying on employees, customers and prospects
to report problems
It’s a systemthat oftenFAILS
the data quality equationremains unsolved
say analysis is the trickiest part of the Rule of 3 to follow
Why are they so PERPLEXED?
The result:IT’S NO
WONDER THAT:
use every-day (often dated) spreadsheet software
of those using spreadsheet software are unsatisfied
say data errors are only reactively corrected after something hasgone wrong
Ignoring dataproblems doesn’t make
them go away. Instead, they multiply
Without analysis, the business
implications of data problems can’t be seen
Awareness of data issues means little if
their resolution is left to chance
are not completelysatisfied with theirresolution strategy
Resolving yourdata issues cannotbe done without
detection and analysis
JUSTconduct
AD-HOCdata cleanses
Timeconsuming
Slow Incomplete
of large British companies have a
data quality strategy
don’t include ALL data typesin their strategy
BUT...
FAIL TO RESOLVEdata issues and the
formula just doesn’t add up
UNSURPRISINGLY
areunsatisfied
67%
of those,
DETECTION ANALYSIS
REMEMBER THE RULE
OF 3
Find out more www.qas.co.uk/3
RESOLUTION
WITHOUTANALYSIS
64%
50%61%
65%
All data used in this infographic is drawn from the ‘Company Data Quality Research 2014’ and the ‘Global Data Quality Research 2014’ two independent market research reports commissioned by Experian Data Quality and produced by Dynamic Markets.
DET
ECTI
ON
ANAL
YSIS
RESOLUTIO
N
These are the fundamental elements of the data quality management equation that add up to organisational success. Our latest research
shows large British companies realise the importance of
THE RULE OF THREE.
78%
44%
63%
99%
DETECTION + ANALYSIS + RESOLUTION
28%
of those who use specialistdetection softwareare still unsatisfied
DETECT, ANALYSE AND RESOLVE YOUR DATA ISSUES.
WITHOUT THE RULE OF 3,THE DATA QUALITY FORMULA WON’T WORK!