Posts Tagged ‘Standards’
Master Data Management Improves Functionality
Data quality, standards and other critical aspects of data management are driving software solutions designed to meet increasingly complex data needs. The global enterprise data management market is expected to reach $142.67 billion by 2023, according to Research and Markets. DATAVERSITY brought this topic to our attention in their article, “Better Business Results Depend on Master…
Read MoreData in the Sky
More and more businesses are moving their IT and data science functions to the cloud. Cloud computing holds many promises to organizations at a time when cost efficiencies and expediency are high priorities. Low-cost storage, real-time computing, managed services, and automated analytics and business intelligence services have caught the eyes of businesses looking to relieve their own…
Read MoreFocus on Standards
IEEE (Institute of Electrical and Electronic Engineers) is the largest technical professional organization dedicated to advancing technology for humanity. The IEEE Standards Association (IEEE-SA),and the Massachusetts Institute of Technology (MIT) Media Lab have launched the global Council on Extended Intelligence (CXI). The IEEE Standards Association brought this interesting information to our attention in their article, “IEEE and the…
Read MoreTaxonomies Beget Consistency
Whether you are talking about queries or processes, systems or taxonomies, standards make the outcomes more reliable because of the consistent approach to the data or topic. This interesting and important topic came to us from Security Boulevard.com in their article: “The Power of Standards and Consistency.” The variety and volume of information can be overwhelming. True…
Read MoreData Storage Challenges
There is a lot of discussion and references to swamps in the news lately, but they aren’t talking about data. DATAVERSITY.net brought this interesting information to our attention in their article, “Data Lake vs. Data Swamp: Leveraging Enterprise Data.” Data lakes and data swamps are different and the difference lies in how data is curated. A data…
Read MoreData Governance At Play
There is a lot of discussion happening about data governance these days. Data governance is the overall management of the availability, usability, integrity, and security of data used in an enterprise. A sound data governance program includes a governing body or council, a defined set of procedures and a plan to execute those procedures. In order to get…
Read MoreStandardizing Data
Data exchange between organizations and data sharing inside organizations is necessary to effectively communicate needs and news. Digital data standards are intended to facilitate the massive amounts of data that result from the increasing volume, velocity, variety, and variability of newly acquired analytical data, which is necessary for confident, comprehensive material characterization. Genetic Engineering and Biotechnology…
Read MoreQuality Data is Useful Data
GS1 US went live in 2017 with its National Data Quality program designed to improve data accuracy for the optimal exchange of supply chain product information. GS 1 is the organization that develops and maintains global standards for business communication. The most well-known of these standards is the barcode. DATAVERSITY brought this interesting information to us in their article,…
Read MoreTaxonomies in Finance
Standardization of data is accomplished through a custom taxonomy. Regardless of the topic or subject, taxonomies make findability of content easy and consistent. Markets Media brought this interesting information to our attention in their article, “Taxonomy, Data Crucial For Sustainable Finance.” An economic taxonomy is a system of classification of economic activity, including products, companies and industries.…
Read MoreStandards in Reporting
The Department of Health and Human Services (HHS) launched a pilot program to determine the government’s potential to untangle the bureaucracy of federal grant reporting. Talk about facing down a mountain. Fed Scoop brought this interesting topic to us in their article, “HHS pilot could change the way government reports on grants spending.” A report was…
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