Data Quality Management
The importance of Data Quality Management cannot be underestimated. For example, a 10% inaccuracy in the data provides poor-quality information for the decision-making process that will impact the accuracy of the decision.
Key Focus
Our strategic implementation includes defining data quality objectives, identifying desired data quality levels to attain, and determining cost of data quality that is acceptable. Key focus of the solution is illustrated below:
Service Items
The incorporation of a Data Quality Management process ensures that the company receives the maximum return on investment, and it builds confidence in the quality of data. The PFI Tech Data Quality Management solution resolved most common ongoing data issues:
- creating and/or maintaining corporate repositories
- improving data quality continuously
- populating a corporate data store with enhanced project data
- integrating data of known value into the asset team
- maintaining consistency between data stores
- defining business rules for data quality improvement
- measuring and reporting data quality metrics
- data loading
- data migration
- merging data stores
- removing duplicate data
- performing a data health check for a newly acquired asset
- replacing internal data quality processes
Service Assurance
Given today’s data volumes, businesses need an automated solution with measurable results. Our services is designed to address both processes and data, with a methodology that provides a systematic approach to assessing, improving, and controlling data. Our solution ensures that your data is:
- Data Availability
The right person will have access to data when needed and the data will be ready for use by the authorized person - Data Reliability
Data generated by your systems is trusted by stakeholders such as clients, regulatory authorities and employees - Correctness
Data adheres to all business rules - Monitoring
Actively monitored on an ongoing basis to maintain its quality
Our Data Quality Management solution is a combination of technology and process. We customize each model for each unique environment. Our consultants design scalable models to identify problem areas that are impeding the ability to make business decisions. With our services and methodology, you can have quality metrics and confidence in your data.
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