To survive in the current economic climate every organization needs to have access to data to accurately predict and plan for the future. Data is fast becoming an asset that needs to be managed throughout the organization. The quality of analytics and reports can only be as good as the data it is based upon. A number of processes are being initiated across organizations to monitor and control the quality of their data. Master Data Management (MDM), Data Quality Framework, Metadata management and Business Process management – collectively referred to as Data Governance – are becoming a critical function and key success factor to any Data Warehousing initiative.
At BitWise we understand the importance of Data Governance and how important it can be to your success. We have developed a Data Quality Framework, which can be deployed with minimum customizations, to improve the quality of data at any organization. It is a combination of framework and consulting services designed to implement a quality cycle for continuous analysis of data, uncovering gaps and fixing the bugs in the business processes that introduce bad data.
This is carried over multiple iterations to improve the value of the data asset in a way that it better supports the business objective. Our typical offering includes the assessment of the impact of poor quality data on business objectives, the definition of business related rules, measurements and performance targets, the design of data quality improvement processes, the implementation of data quality methods into production and the remediation of data where quality is not acceptable.