Monday, April 18, 2016

Big data is doomed unless basic data management improves



{Prior to|Just before|Ahead of} companies can do {elegant|extravagant|expensive} things with data, like predictive analytics and data monetization, they need to fix the "brok
en {basic principles|basics|principles} of data, " {relating|regarding|matching} to a new {statement|record|survey} by TechVision Research.
The report, by Noreen Kendle, a principal consulting expert at TechVision, says organizations are mired in a "dysfunctional cycle of data chaos. " They spend "ridiculous amounts of time hunting for missing data, correcting inaccurate data, creating workarounds, pasting data {collectively|jointly|along} and reconciling conflicting data. This results in {huge|incredible|great} unaccounted loss in {efficiency|output|production}, " the report says.


One problem is that {practically} all IT {financing|finance|buying into} {switches into|adopts} technology, not the data itself, despite high-minded pronouncements that data is an important business {advantage|property}. The report identifies {difficulties|problems|issues} such as poor data quality and data governance, and then makes {basic|standard} {advice|tips} for fixing individuals dilemmas.
{Prior to|Just before|Ahead of} companies can do {elegant|extravagant|expensive} things with data, like predictive analytics and data monetization, they need to fix the "broken {basic principles|basics|principles}of data,"{relating|regarding|matching} to a new {statement|record|survey} by TechVision Research.


The report, by Noreen Kendle, a principal consulting expert at TechVision, says organizations are mired in a "dysfunctional cycle of data chaos. " They spend "ridiculous amounts of time hunting for missing data, correcting inaccurate data, creating workarounds, pasting data {collectively|jointly|along} and reconciling conflicting data. This results in {huge|incredible|great} unaccounted loss in {efficiency|output|production}, " the report says.


One problem is that {practically} all IT {financing|finance|buying into} {switches into|adopts} technology, not the data itself, despite high-minded pronouncements that data is an important business {advantage|property}. The report identifies {difficulties|problems|issues} such as poor data quality and data governance, and then makes {basic|standard} {advice|tips} for fixing individuals dilemmas.












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