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…
5 Critical Components of MDM in EHR
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,…
What’s Most Important in Entity Matching and Record Linking?
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…
Do You Know How Much Bad Data Quality Is Costing Your Company?
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…
3 Key Issues Compromising Optimal Data Quality in Healthcare
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…
Black Oak Analytics Hosted HiPER Training At UALR’s Institute for Chief Data Officers
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…
Does Your Company Need a Chief Data Officer in the C-Suite?
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…
The Best Way to Establish an Enterprise Data Governance Program in Your Organization
Retail, medical, nonprofit and just about every other professional field now relies on data as the primary driver of processes and procedures at all levels. As the influence of Big Data continues to grow exponentially, along with the impending permanent connectivity of all machines that is the Internet of Things,…
Making Sense of Big Data: 7 Terms You Need to Know and Use in Marketing Meetings
At this point in every industry, big data is a term that gets thrown around often in discussions on leveraging new and existing data sets for marketing opportunities and improved customer engagement. While big data can generate new insights into customer behavior patterns through the capturing, analysis, and comparison of…
Black Oak Presents at the International Conference on Information Quality 2016 in Ciudad Real, Spain
In the news so far this summer we’ve been reading about the 2016 Olympics in Rio. While Black Oak hasn’t yet been able to send any of our team members to the Olympics, we do have our CSO Dr. Talburt in Ciudad Real, Spain for the next few days attending…