In the digital age, ensuring Data Quality is essential for businesses to make sound decisions and optimize operations. Inaccurate, incomplete, duplicate, and redundant data are all too common in businesses today. According to Gartner’s Data Quality Market Survey, poor Data Quality costs organisations an average of $15 million annually. At Clever Republic, we specialise in helping organisations implement and maintain Data Quality practices that ensure their data is fit for purpose. Below are the key capabilities essential to managing and improving Data Quality.
1. Data Quality Standards
Defining Data Quality standards is the starting point for any effective Data Management program. These standards set clear expectations around the Data Quality dimensions, as data’s accuracy, completeness, consistency, and timeliness. They provide a measurable benchmark for evaluating data across the organization.
2. Data Quality Assessment
Data Quality assessment is the process of systematically evaluating data against the defined standards. Through techniques such as data profiling and data analysis, organisations can identify errors, inconsistencies, or missing information. Regular assessments help ensure data integrity, highlight risks, and offer a foundation for addressing data issues before they disrupt business operations.
3. Data Quality Monitoring
Continuous monitoring is key to ensuring that data maintains high-quality standards over time. By establishing automated checks, organisations can detect deviations from the norm and act quickly to resolve potential data quality issues.
Monitoring can be efficiently managed with Data Quality tools like Collibra DQ and SODA, which allow organisations to automate and track Data Quality across various systems. These tools enable real-time monitoring and alert systems, helping businesses respond proactively to emerging data problems.
4. Data Quality Reporting
Effective Data Quality reporting provides transparency by sharing insights about the state of data across the organization. Reporting allows stakeholders to understand Data Quality metrics, trends, and areas that require attention. By communicating the results of Data Quality assessments and monitoring, organisations can demonstrate accountability and ensure data users remain informed and confident in the reliability of the data they rely on.
5. Data Quality Issue Management
When data issues are identified, it’s crucial to have a structured process in place to manage them. Data Quality issue management involves detecting, prioritizing, and addressing data problems. By analysing root causes and determining business impact, organisations can resolve Data Quality issues at their source, preventing future recurrences.
An effective issue management process ensures that issues are logged, remediated, and tracked to completion. Transparent issue management builds trust in data systems and ensures that quality problems are addressed in a timely and effective manner.
6. Data Quality Improvement and Remediation
Data Quality improvement is an ongoing cycle aimed at continually refining Data Governance processes, ensuring that data remains reliable, accurate, and aligned with business needs. At the core of this capability is Data Quality remediation, which focuses on addressing and resolving the root causes of data issues.
Remediation involves not only fixing data errors, but also identifying underlying process flaws that led to the issue in the first place. For example, organisations may implement technical solutions such as data validation rules, automation, or enhanced data entry controls to prevent errors from recurring. Remediation is a proactive step that strengthens data processes, ensures adherence to quality standards, and improves overall data reliability.
By applying both preventive and corrective measures, Data Quality improvement ensures that organisations continuously evolve their Data Governance practices, reinforcing the trustworthiness and usability of their data.
Interested in optimizing your Data Quality? At Clever Republic, we specialize in helping organizations define standards, assess, monitor, and improve Data Quality using leading tools like Collibra and SODA. Contact us today to see how we can support your Data Management efforts.