Data Quality and its Impacts on Decision-Making

Data Quality and its Impacts on Decision-Making

Author: Christoph Samitsch

Publisher: Springer

Published: 2014-12-01

Total Pages: 70

ISBN-13: 3658082003

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​Christoph Samitsch investigates whether decision-making efficiency is being influenced by the quality of data and information. Results of the research provide evidence that defined data quality dimensions have an effect on decision-making performance as well as the time it takes to make a decision.


Data Quality

Data Quality

Author: Thomas C. Redman

Publisher: Digital Press

Published: 2001

Total Pages: 264

ISBN-13: 9781555582517

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Can any subject inspire less excitement than "data quality"? Yet a moment's thought reveals the ever-growing importance of quality data. From restated corporate earnings, to incorrect prices on the web, to the bombing of the Chinese Embassy, the media reports the impact of poor data quality on a daily basis. Every business operation creates or consumes huge quantities of data. If the data are wrong, time, money, and reputation are lost. In today's environment, every leader, every decision maker, every operational manager, every consumer, indeed everyone has a vested interest in data quality. Data Quality: The Field Guide provides the practical guidance needed to start and advance a data quality program. It motivates interest in data quality, describes the most important data quality problems facing the typical organization, and outlines what an organization must do to improve. It consists of 36 short chapters in an easy-to-use field guide format. Each chapter describes a single issue and how to address it. The book begins with sections that describe why leaders, whether CIOs, CFOs, or CEOs, should be concerned with data quality. It explains the pros and cons of approaches for addressing the issue. It explains what those organizations with the best data do. And it lays bare the social issues that prevent organizations from making headway. "Field tips" at the end of each chapter summarize the most important points. Allows readers to go directly to the topic of interest Provides web-based material so readers can cut and paste figures and tables into documents within their organizations Gives step-by-step instructions for applying most techniques and summarizes what "works"


The Practitioner's Guide to Data Quality Improvement

The Practitioner's Guide to Data Quality Improvement

Author: David Loshin

Publisher: Elsevier

Published: 2010-11-22

Total Pages: 423

ISBN-13: 0080920349

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The Practitioner's Guide to Data Quality Improvement offers a comprehensive look at data quality for business and IT, encompassing people, process, and technology. It shares the fundamentals for understanding the impacts of poor data quality, and guides practitioners and managers alike in socializing, gaining sponsorship for, planning, and establishing a data quality program. It demonstrates how to institute and run a data quality program, from first thoughts and justifications to maintenance and ongoing metrics. It includes an in-depth look at the use of data quality tools, including business case templates, and tools for analysis, reporting, and strategic planning. This book is recommended for data management practitioners, including database analysts, information analysts, data administrators, data architects, enterprise architects, data warehouse engineers, and systems analysts, and their managers. Offers a comprehensive look at data quality for business and IT, encompassing people, process, and technology. Shows how to institute and run a data quality program, from first thoughts and justifications to maintenance and ongoing metrics. Includes an in-depth look at the use of data quality tools, including business case templates, and tools for analysis, reporting, and strategic planning.


Data Quality for the Information Age

Data Quality for the Information Age

Author: Thomas C. Redman

Publisher: Artech House Publishers

Published: 1996

Total Pages: 344

ISBN-13:

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All aspects of data management are explored in this title, which provides detailed analyses of quality problems and their impacts, potential solutions and how they are combined to form an overall data quality program, senior management's role, and methods used to make and sustain improvements.


The Impact of Data Quality Metadata on Decision Making

The Impact of Data Quality Metadata on Decision Making

Author: Yu Cai

Publisher:

Published: 2007

Total Pages: 312

ISBN-13:

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Abstract: The quality of the data used in a decision process has a direct impact on the quality of the decisions. Unfortunately, data quality (DQ) issues are inherent in information systems. Quality metadata is data that describes the quality of the data. It can inform decision makers about the quality of the data used in the decision process and can potentially enhance decision performance. While research has shown that quality metadata can change decision outcomes, it has not shown whether it improves decision performance. This dissertation first investigates whether and how DQ metadata improves decision performance in structured decision environments. When the DQ metadata is available, integrating it into the decision process requires allocating extra information processing capacity to it. This may impact overall decision performance differently, subject to other factors like task complexity and decision makers' experience. Using a set of experiments, we explore those important relationships. The findings support our general proposition that when there is sufficient amount of cognitive capacity available, the provision of DQ metadata will improve the overall quality of decision-making. However, when the complexity of the decision task increases, thereby reducing the cognitive capacity that the decision-maker has to spare, the provision of DQ metadata can negatively affect decision performance. This research further investigates the use of data visualization to reduce this cognitive load. Building upon the findings from the first part, we develop a prototype decision support system that utilizes visualization to reduce the cognitive effort in integrating quality metadata into the decision process. Using an experimental setup, we assess the impact of data visualization on decision performance using a common type of decision task, structured choice. The results confirm the benefits of visualization for integrating DQ metadata into the decision process. This research has important implications for decision-making, data management and decision support systems. The findings can help (a) identify the conditions under which the provision of DQ metadata is beneficial for decision making, (b) justify the need of including DQ metadata in data management, and (c) shed light on designing decision support systems that integrate DQ metadata for effective decision-making.


Data and Information Quality

Data and Information Quality

Author: Carlo Batini

Publisher: Springer

Published: 2016-03-23

Total Pages: 520

ISBN-13: 3319241060

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This book provides a systematic and comparative description of the vast number of research issues related to the quality of data and information. It does so by delivering a sound, integrated and comprehensive overview of the state of the art and future development of data and information quality in databases and information systems. To this end, it presents an extensive description of the techniques that constitute the core of data and information quality research, including record linkage (also called object identification), data integration, error localization and correction, and examines the related techniques in a comprehensive and original methodological framework. Quality dimension definitions and adopted models are also analyzed in detail, and differences between the proposed solutions are highlighted and discussed. Furthermore, while systematically describing data and information quality as an autonomous research area, paradigms and influences deriving from other areas, such as probability theory, statistical data analysis, data mining, knowledge representation, and machine learning are also included. Last not least, the book also highlights very practical solutions, such as methodologies, benchmarks for the most effective techniques, case studies, and examples. The book has been written primarily for researchers in the fields of databases and information management or in natural sciences who are interested in investigating properties of data and information that have an impact on the quality of experiments, processes and on real life. The material presented is also sufficiently self-contained for masters or PhD-level courses, and it covers all the fundamentals and topics without the need for other textbooks. Data and information system administrators and practitioners, who deal with systems exposed to data-quality issues and as a result need a systematization of the field and practical methods in the area, will also benefit from the combination of concrete practical approaches with sound theoretical formalisms.


Assuring Data Quality and Validity in Clinical Trials for Regulatory Decision Making

Assuring Data Quality and Validity in Clinical Trials for Regulatory Decision Making

Author: Institute of Medicine

Publisher: National Academies Press

Published: 1999-07-27

Total Pages: 88

ISBN-13: 0309172802

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In an effort to increase knowledge and understanding of the process of assuring data quality and validity in clinical trials, the IOM hosted a workshop to open a dialogue on the process to identify and discuss issues of mutual concern among industry, regulators, payers, and consumers. The presenters and panelists together developed strategies that could be used to address the issues that were identified. This IOM report of the workshop summarizes the present status and highlights possible strategies for making improvements to the education of interested and affected parties as well as facilitating future planning.


Data Driven

Data Driven

Author: Thomas C. Redman

Publisher: Harvard Business Press

Published: 2008-09-22

Total Pages: 257

ISBN-13: 1422163644

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Your company's data has the potential to add enormous value to every facet of the organization -- from marketing and new product development to strategy to financial management. Yet if your company is like most, it's not using its data to create strategic advantage. Data sits around unused -- or incorrect data fouls up operations and decision making. In Data Driven, Thomas Redman, the "Data Doc," shows how to leverage and deploy data to sharpen your company's competitive edge and enhance its profitability. The author reveals: · The special properties that make data such a powerful asset · The hidden costs of flawed, outdated, or otherwise poor-quality data · How to improve data quality for competitive advantage · Strategies for exploiting your data to make better business decisions · The many ways to bring data to market · Ideas for dealing with political struggles over data and concerns about privacy rights Your company's data is a key business asset, and you need to manage it aggressively and professionally. Whether you're a top executive, an aspiring leader, or a product-line manager, this eye-opening book provides the tools and thinking you need to do that.


Data Quality

Data Quality

Author: Jack E. Olson

Publisher: Elsevier

Published: 2003-01-09

Total Pages: 313

ISBN-13: 0080503691

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Data Quality: The Accuracy Dimension is about assessing the quality of corporate data and improving its accuracy using the data profiling method. Corporate data is increasingly important as companies continue to find new ways to use it. Likewise, improving the accuracy of data in information systems is fast becoming a major goal as companies realize how much it affects their bottom line. Data profiling is a new technology that supports and enhances the accuracy of databases throughout major IT shops. Jack Olson explains data profiling and shows how it fits into the larger picture of data quality. * Provides an accessible, enjoyable introduction to the subject of data accuracy, peppered with real-world anecdotes. * Provides a framework for data profiling with a discussion of analytical tools appropriate for assessing data accuracy. * Is written by one of the original developers of data profiling technology. * Is a must-read for any data management staff, IT management staff, and CIOs of companies with data assets.


Handbook on Decision Support Systems 1

Handbook on Decision Support Systems 1

Author: Frada Burstein

Publisher: Springer Science & Business Media

Published: 2008-01-22

Total Pages: 886

ISBN-13: 3540487131

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Decision support systems have experienced a marked increase in attention and importance over the past 25 years. The aim of this book is to survey the decision support system (DSS) field – covering both developed territory and emergent frontiers. It will give the reader a clear understanding of fundamental DSS concepts, methods, technologies, trends, and issues. It will serve as a basic reference work for DSS research, practice, and instruction. To achieve these goals, the book has been designed according to a ten-part structure, divided in two volumes with chapters authored by well-known, well-versed scholars and practitioners from the DSS community.