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DO YOU TRUST THE HEALTH OF YOUR DATA?

BY TALEND TEAM

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 * Blog»
 * Data health HQ»
 * Do You Trust the Health of Your Data?

MORE DATA HEALTH HQ

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 * ATMB keeps traffic and data flowing safely with Talend and Keyrus
 * 5 reasons you can’t miss QlikWorld 2023 — and your justification letter

Today, companies can measure every aspect of business health, except the health
of their data which drives business decisions. Data is vital to inform critical
decisions such as identifying new routes to market, systems to support business
agility, and more resilient supply chains. As Harvard Business Review puts it,
“Your organization’s data is the source of both the opportunity and the
challenges to your innovation. The difference is whether you can convert raw
data sets into clear, actionable information.”  It is critical  for companies to
get decisions right but, for most companies, there’s virtually no connection
between the analytics systems running the business and the people and
technologies designed to ensure the data powering those systems can be trusted.

 

In fact, having reliable data is crucial at all levels of decision making across
any organization.

 * For executive decision-makers who are operating under extreme internal and
   external pressures to make the right decision, clean and uncompromised data
   can dramatically improve the quality and accuracy of decision making across
   the organization.
 * For business users who are inundated with dashboards and reports but struggle
   to understand what matters and what to trust, concise data provides a clear
   measure of data reliability, backed by a record of where that data originated
   and how it has been modified.
 * For technical users who juggle countless requests to deliver timely,
   accurate, and digestible data, and need more insight into and control over
   the data that their internal partners are using, trusted data provides
   tangible proof of the accuracy and completeness of their work and frees them
   up to focus on complex analytics.

 

Improving the health of data used by a company should follow a core set of
principles, which we refer to as: “the five Ts of trust.” Your data must
be thorough, transparent, timely, traceable, and tested. The new Talend Trust
Score, designed to help users dynamically rate data sets based on these
criteria, could fundamentally change the way we use all available data and
insights to make decisions.

To learn more about the health of company data, read this recent article
published by Harvard Business Review.

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