The Economics of Data – Analytics is… Investing in Data
This post examines data as an economic resource and a source of value, and provides a new functional definition of Analytics on that basis. Data is a fascinating resource, with a number of...
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Assume bad data
“We’ve got good data.” It’s common to hear people make this claim in the context of a nascent or proposed Business Analytics initiative. Sometimes a rationale is offered: there’s a data warehouse, or a...
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The data needs of analysts
Philip Russom at TDWI observes that the data needs of analysts aren’t best addressed using the standard practices of data warehousing: On the one hand, all of us in BI and data warehousing are...
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Data is different
Thomas C. Redman at HBR recommends Four Steps to Fixing Your Bad Data: Admit you have a data quality problem. Just like any twelve-step program, admitting the problem is key. From there, follow the...
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Communicating needs
Most of the literature on why BI projects fail tends to put some variant of ‘a lack of communication between IT and the business’ near the top of the list of culprits. This implies a relationship...
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