Innovating Business & IT
Since 1969
Westernacher Consulting
Our Data Quality Management Methodology
January 2011
Do you know how much poor data quality is costing your business?
“If you look at…any business function in your company, you’re going to find some direct cost
there attributed to poor data quality” (Gartner)
Data quality problems cost US business over $ 600 billion a year (The Data Warehouse Institute) 63% of businesses unaware of cost of poor data quality (Chartered Quality Institute)
42% (of businesses) unaware of the quality of their data (Chartered Quality Institute)
Background
Poor data quality manifests itself in numerous ways
– Direct costs – data correction, postal services
– Indirect costs – opportunity costs, decision-making errors, data management costs
Projects built on a foundation of poor data quality are unlikely to add value
Organisational Impact
Do you know the quality of your data? Do you know the cost of your data quality?
Do you have a successful Data Quality Management process in place?
DATA AND INFORMATION STRATEGY DATA QUALITY MANAGEMENT DATA
ARCHITECTURE INFORMATION DELIVERY
Data Quality Management is key to optimising the overall data environment
Data and Information Strategy Data Delivery Strategy Data Architecture Strategy
Data Quality Strategy
Integrate with Business & IT Strategy
Information Delivery Business Intelligence Data Integration
Data Visualisation
Warehouses, Stores & Staging
Data Quality Management
Establish Standards
Organise for Success
Profile and Assess
Resolve and Monitor
Data Architecture Enterprise Data Model
Metadata Management & Taxonomies
Master Data Model
Data Standards, Principles & Policies
GOVERNANCE FRAMEWORK
Governance Framework
Change Management & Approval
Data Architecture Reviews
Setting & Monitoring KPI’s Service Level Agreements
Our Data Quality Management Methodology adopts a pragmatic approach to
establishing your DQ framework and remediating root causes
A key theme of our methodology is embedding the measurement of success
Accuracy – values are correct
Validity – data has been validated and exceptions managed
Consistency – multiple sources of same data and formats are aligned Timeliness – data is available at the right time
Availability – data is available in the right place, to the right people Auditability – target to source traceability and auditability of changes Completeness – no missing or incomplete data
Currency – the data is up to date
Uniqueness – no duplication of data fields in the data model
Number of customers without a VAT registration number
Number of customers without a valid industry code
Monthly cost of returned post and telephone calls to incorrect numbers
Number of transactions without a valid intercompany code
KPI’s are defined and monitored in the DQ Dashboard
Our methodology will ensure that you have both the tools and mechanisms
to monitor on-going Data Quality improvements in your organisation
Our Data Quality Management methodology is built on our experience and
success across numerous industries and organisations
•
Information architecture strategy for a 20 billion USD globally operating retailer
(2009-2010)
•
Finance & Regulatory data standards for a global Investment Bank (2010)
•
Information architecture for globally operating Telco (product and pricing data
management) (2008-2010)
•
Data architecture strategy for a £ 4 billion Utility operating in the UK and the US
(2007-2009)
•
Data architecture strategy for a global Investment Bank (2009)
•
Information architecture, process design, system design, build and global rollout for
a global media company (2006-2009)
•
Participation in the global GL rollout (2002-2007) and ongoing support for Finance
Information Architecture for a global Investment Bank (2008-2009)
•
Partnership with university of StGallen Institute for Corporate Data Quality (research
and survey partnership regarding data management)
Westernacher delivers a unique combination of industry and data domain
expertise in addition to technology know-how
Discrete Industries Financial Services
Life Sciences and FMCG
Utilities Retail
We help resolve data quality issues for the following industries
SAP
Oracle
Microsoft
Custom developments
Data Integration Platforms (e.g. Informatica and DataStage)
Master Data Management Tools (e.g. SAP MDM, Oracle MDM Suite, IBM InfoSphere)
Dashboards (e.g. QlikView, SAP Business Objects)
Custom solutions (e.g. Semantic Wikis for Data Glossary and Data Dictionary maintenance)
We deploy wide set of data quality tools
We understand critical data challenges for leading vendor ERP platforms
We understand the importance of data domains in the context of your business needs
Master Data: Material, Vendor, Customer, Location, Chart of Accounts, Employee,
Organization, broad Financial Data (Currency, Calendar) etc.
40 Years, serving Clients worldwide with over 200 Professionals and
10 Locations in 7 Countries
Boston Brussels Heidelberg London Shanghai Sopot Vienna
•
Founded in: 1969
•
Consultants: > 200
•
Locations: 10 Offices in 7 Countries
•
Number of Partners: > 50
Contact details
Craig Schultz
Mobile: +44-7545-14-2842 [email protected]
Westernacher & Partner Consulting Limited 72 New Bond Street London, W1S 1RR, UK Phone: +44-870-383-0272 Fax: +44-870-383-6272 www.westernacher.com
Roger Brooks
Mobile: +44-7751-89-3372 [email protected]Westernacher & Partner Consulting Limited 72 New Bond Street London, W1S 1RR, UK Phone: +44-870-383-0272 Fax: +44-870-383-6272