Access "Hindsight: The case of the faulty data quality process"
This article is part of the February 2013 issue of Upward mobility? Today mobile business apps only go so far
A few years ago, the finance department of a major telecommunications company turned over its fixed asset record ledger -- an official accounting of property such as cell towers -- and a $5 billion budget sheet to independent auditors, who found discrepancies in the company's data that pointed to possible problems in its data quality process. The project: Chris Levitt, a member of the Technology Business Management Council, a nonprofit organization that makes recommendations for best IT practices and benchmarks, was an IT risk manager for a consultancy at the time. He was brought in to lead a team of technicians and evaluators to find the gaps between the telecom's actual assets and what was documented in the ledger. The evaluators sifted through the ledger data, comparing what was recorded with a master list of the company's property and identifying areas that didn't match up. In some cases, the amount the company paid for an asset and its depreciated value were missing, sending the team members back to the original contract data. When they couldn't find ... Access >>>
Premium Content for Free.
Business professionals, this one is for you
by Jason Sparapani, Managing Editor, E-Publications
The inaugural issue of Business Information magazine explores mobile business application use in business, a call for leadership on BI teams, Oracle’s new release and more.
Security, data usage policies must-haves for mobile app management
by Jonathan Gourlay
Making corporate data available on mobile devices calls for careful management to keep business users from going down wrong paths in using the info.
Hindsight: The case of the faulty data quality process
by Nicole Laskowski, Senior News Writer
The discovery of discrepancies in a telecom company's data led to a realization that more robust procedures for ensuring data quality were needed.
- Business professionals, this one is for you by Jason Sparapani, Managing Editor, E-Publications
Mobile business apps for real, but post-PC future likely a mirage
by Beth Stackpole
Although the use of mobile applications is growing rapidly in businesses, IT managers don't expect mobile devices to oust PCs from the workplace.
In an information downpour, data virtualization products bloom
by Mark Brunelli, News Director
Data virtualization technology is playing a larger role in the data integration market, and it has the explosion of data types and sources to thank.
The buzz: Social media analytics tools a must for many
by Nicole Laskowski, News Editor
No doubt you've heard the term social media analytics -- it's the gathering and exploring of social media data. Do you need to invest now? It depends.
- Mobile business apps for real, but post-PC future likely a mirage by Beth Stackpole
Introducing Pluggable Database, the star of Oracle Database 12c
by Mark Fontecchio
Meet Pluggable Database, the star of Oracle Database 12c—it may redefine database virtualization.
Mobile business applications are knocking at finance’s door
by Mary Driscoll
Smartphones and tablets help organizations’ employees see the same version of the performance picture. Will finance embrace these mobile solutions?
- Introducing Pluggable Database, the star of Oracle Database 12c by Mark Fontecchio
BI leaders need more than just technology
by Wayne Eckerson
It takes something other than fancy tools to lead in the business intelligence arena, says TechTarget's Wayne Eckerson, pointing to the ability to direct a diverse team.
- BI leaders need more than just technology by Wayne Eckerson
More Premium Content Accessible For Free
Today's customer service starts with mobile, social consciousness
In a world where newfangled devices become mainstream seemingly overnight, companies are finding that legacy applications and a Facebook page no ...
Putting a data stewardship and data governance plan into play
Confused about the data stewardship processes for big data, cloud computing and other IT trends? Don’t be. In this handbook is valuable information ...
Big data technology: Beyond the trendy tools
Everybody's jumping on the big data train. But with all that buzz, it can be difficult to navigate the ins and outs of all that data. Readers of this...