data governance

Newsflash: Data Governance Is Not Just an IT Problem

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Poor data can affect an organization at every level. Supply-chain management, e-commerce, enterprise systems and CRM all rely on accurate and complete data to operate at a high level. But often, data governance strategy is perceived to be an IT tool. In reality, poor data affects every department. Poor data means missed sales opportunities, forgotten discounts for orders, inaccurate job …

MDM in EHR

5 Critical Components of MDM in EHR

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Master data management (MDM) is a clear necessity in the healthcare industry—accuracy is paramount where health is concerned—but that does not mean that just any MDM system will do. There are two types of data management in healthcare: identity data, which looks at patient and provider information, and reference data, which focuses on order sets like procedure codes. There are …

how can you know if HiPER is right for you

How Can You Know if HiPER Is Right for You?

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Choose Right Proprietary Data Management System Today, implementing the right clinical data management solutions is critical. But how do you know what those are? High Performance Entity Resolution (HiPER) software is an advanced entity resolution solution that can provide configurable and accurate data management. When you evaluate HiPER, we will work with you to define a test scenario that uses …

Big data think piece 2017

Why We Aren’t Writing a ‘2017 Big Data Trends’ Think Piece

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Moving Past Trends If you are looking for theory and conjecture concerning your data, you can find it quite easily. There is no shortage of people claiming to know the “latest big data trends of 2017.” But do they really help you in moving forward with your data in 2017, or will you just be right back at square one six months …

How many clients data management

Do You Know How Many Customers You Really Have?

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Without proper customer master data management, it can be difficult to determine the scale and type of client that you have or that you wish to acquire. One of the major problems with tracking customers is trying to determine how to improve poor data quality: without data that is clean and accurate, a company faces communications bottlenecks that can eventually …

marketing to millennials big data

Marketing to Millennials: Big Data’s Impact on the Retail Space

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Millennials can hold the key to the future of any consumer-driven business, with this generation having $1.3 trillion worth of spending power per annum, according to the Boston Consulting Group. Millennials are also the most diverse and digitally-connected group of individuals the world has ever seen, which means your retail company is likely collecting plenty of data from your websites, …

The Identity Matching Process of Entity Resolution Explained

Why and How: The Identity Matching Process of Entity Resolution Explained

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The number one issue concerning data quality today is the existence of multiple sources for the same information. When this problem becomes excessive, your organization begins to collect duplicate data, creating multiple identities for the same entity. If your team is not aware of this systematic issue, you could be hindering your own customer service initiatives as well as any …

How Resolving Customer Entity Data Can Revolutionize Customer Service in the Banking Sector

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Financial institutions have always prioritized long-term relationships with their customers. Taking the time to understand who a client is and what their banking needs are has served as the cornerstone of an outstanding customer service experience for decades. However, these relationships are quickly becoming more complicated. The banking sector has experienced incredible change fueled by technology and the data customers …

data quality management

The Biggest Problem in Data Quality Management Today

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As data-driven companies attempt to create a single view of customer interactions across a wide variety of platforms, many chief data officers are encountering a serious data quality management problem. The three components of master data management (MDM)—entity resolution, entity identity information management, and master data systems of record—must work together to turn individual data points into actionable insights. However, …

Master Data Management Strategy: 3 Essential Components

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Every data point that your company has at its disposal can either be an asset or a liability. When used in a well-planned master data management (MDM) strategy, the records you collect and associate with patients, clients, or customers become actionable metrics that can spur growth. However, if your data is mismanaged at any step of the process, you run …