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1、 EXECUTIVE SUMMARY Data Quality Buyers Guide Software Provider and Product Assessment 2024 Information Services Group,Inc.2 ISG Buyers Guide:Data Quality Data Quality Maintaining data quality and trust is a perennial data-management challenge,often preventing enterprises from operating at the speed
2、of business.As organizations aspire to be more data-driven,trust in the data used to make decisions becomes more critical.Without data quality processes and tools,enterprises may make decisions based on old,incomplete,incorrect or poorly organized data.Assessing the quality of data used to make busi
3、ness decisions is not only more important than ever but also increasingly difficult,given the growing range of data sources and the volume of data that needs to be evaluated.ISG Research defines data quality as both a discipline and a product category.As a discipline,data quality refers to the proce
4、sses,methods and tools used to measure the suitability of a dataset for a specific purpose.The precise measure of suitability will depend on the individual use case,but important characteristics include accuracy,completeness,consistency,timeliness and validity.The data quality product category is co
5、mprised of the tools used to evaluate data in relation to these characteristics.The potential value of data quality products is clear:Poor data quality processes can result in security and privacy risks as well as unnecessary data storage and processing costs due to data duplication.Additionally,ass
6、essing the quality of data is one of the most time-consuming aspects of analytics initiatives.Almost two-thirds of enterprises participating in our Analytics and Data Benchmark Research cite reviewing data for quality and consistency issues as the most time-consuming task of analyzing data,second on