The Importance of Data Hygiene in Your Analytics Strategy
Hariharan Ramakrishnan
Board Member | CXO | Innovation | 200+ Companies transformed | Alum of Airtel, Vodafone, Tech Mahindra, Motherson
I began learning to use a computer at age 8-9 whilst using a language called BASIC. Over the next few years, I learnt various languages and suites like Cobol, Fortran, Pascal, Foxpro, C, C++, Java… But one thing I learnt very early in life with respect to computing, which is still relevant in today’s world is ‘GIGO’ – Garbage In Garbage Out.
In today's data-driven world, businesses are increasingly relying on #analytics to make informed decisions. However, the #quality of the data that is used for analytics is critical. If the data is dirty or inaccurate, the insights and recommendations that are generated will be unreliable. This can lead to poor decision-making and missed opportunities.
Imagine, inaccurate responses or poorly sampled data from your Market research activity, inaccurate or incomplete data in your CRM or sales order entries. These are stark examples of data hygiene issues.
This is something I have kept repeating to my clients regularly over the years and is a major perspective I try to get clients to have when it comes to their analytics strategy. If you want to derive the best out of your data and put it to good use, you must focus on #datahygiene.
So what is data hygiene?
Data hygiene is the process of ensuring that data is clean, accurate, and consistent. This includes identifying and removing errors, duplicates, and inconsistencies in the data. It also includes ensuring that the data is organised in a way that makes it easy to find and use.
Why is data hygiene important for analytics?
There are several reasons why data hygiene is important for analytics.
First, dirty data can lead to inaccurate insights.
For example, if a dataset contains a large number of errors, the results of any analysis that is performed on that data will also be inaccurate. This can lead to poor decision-making, such as making investments in products or markets that are not actually profitable.
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Second, dirty data can make it difficult to find and use the data that you need.
If your data is not organised in a way that makes sense, it can be time-consuming and difficult to find the information that you are looking for. This can lead to delays in decision-making and missed opportunities.
Third, dirty data can damage your reputation.
If your customers or partners see that your data is inaccurate or inconsistent, they may lose confidence in your business. This can lead to lost sales and damaged relationships.
How can you improve data hygiene in your analytics strategy?
There are several things that you can do to improve data hygiene in your analytics strategy. Here are a few tips:
By ensuring this, you can improve data hygiene and ensure that the insights and recommendations that you generate are reliable.
Here are some additional inputs you could follow for improving your organisation's data hygiene:
By following these tips, you can improve data hygiene in your analytics strategy and ensure that your data is clean, accurate, and consistent. This will help you to make better decisions, improve your business performance, and protect your data.
Maintaining data hygiene is the first step towards making the right informed decisions.?
Head-Digital Transformation passionate in transforming Integrated OPs&Supply chain leveraging Digital Transformation&Smart Factory @Dabur ||Industry4.0,IIOT,MES,Analytics,AI/ML,OPs Excellence,||ex.Pernod,Motherson,Yamaha
1 年I still remember the importance of this KPI when we introduced it for 1st time in our MOTIF Factory Analytics solution. Introduction of this KPI enahnced the effectiveness of solution multifolds.