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 …

entity matching tools, record linkage software

What’s Most Important in Entity Matching and Record Linking?

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Entity matching tools are essential for a robust data governance program. This software simplifies your data by linking duplicate entries and drawing your attention to semantically equivalent records—those that are identical if not for a spelling mistake or abbreviation that would otherwise create two entries. Record linking software is particularly useful for managing client, customer, or patient interactions across distinct …

improving data quality, cost of poor data quality

Do You Know How Much Bad Data Quality Is Costing Your Company?

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Just as high-quality data can propel your company to greater financial success, low-quality data can take a significant toll on your bottom line. According to a recent Experian report on data quality, 95% of companies say they use data to improve business operations, while 91% believe that bad contact data results in wasted revenue. When you realize the cost of poor data …

data quality in healthcare

3 Key Issues Compromising Optimal Data Quality in Healthcare

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With an industry that has experienced rapid and dramatic changes to its systems and processes, evaluating data quality in healthcare is more critical than ever before when it comes to improving patient care and reducing costs due to waste and fraud. Rising healthcare costs coupled with the increasing complexity of data systems make the implementation of master data management tools …

Moving Beyond Customer Matching to Business and Product Data

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Here at Black Oak Analytics, we enjoy nothing more than a good discussion on the configurability of our HiPER software, and how it can match data without traditional attributes such as name and address. We enjoy talking about this because so many entity resolution engines and master data management solutions are restricted to matching on traditional attributes. Without name and …

Chief data officer training

Black Oak Analytics Hosted HiPER Training At UALR’s Institute for Chief Data Officers

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On September 29, 2016, Black Oak Analytics hosted a hands on HiPER training at UALR’s Institute for Chief Data Officer’s (iCDO) first offering of Course CDO-1: Foundations for Chief Data Officers. The first three days of training included lectures on essential knowledge for CDOs including current research, data technologies, data quality, data visualization, data analytics, and data integration. On the …

Black Oak Analytics Joins Client Roster for Tech Futures Group

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Black Oak Analytics is proud to announce that we have been selected to join the client roster of Tech Futures Group (TFG), a business development organization based out of California whose goal is to help technology companies grow and thrive. TFG’s focus is to help new and growing businesses within the tech industry overcome the challenges and obstacles they face. …

CIO Review names Black Oak Analytics to Top 100 Most Promising Data Solutions Providers.

Black Oak Analytics Recognized as a Top 100 Most Promising Data Solutions Provider

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CIO Review Cites Black Oak Analytics in its Annual List of Companies at the Forefront of Big Data Solutions Black Oak Analytics is the only Arkansas-based company named to CIO Review’s Top 100 Most Promising Big Data Solution Providers of 2016. CIO Review is a technology magazine focused on enterprise solutions, where senior-level industry experts share their insights and learn …

The role of a chief data officer includes establishing data governance standards.

Does Your Company Need a Chief Data Officer in the C-Suite?

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If the emergence of Big Data has proven anything about today’s business landscape, it is that most organizations are not properly equipped to manage it. Even the most successful companies in the world struggle with leveraging Big Data, and many of these same companies are unaware of previously unavailable opportunities afforded by the implementation of master data management tools. The …