Prospecta

Data Quality

Data makes a story more trustworthy, leading the audience to take notice, participate in the discussion, and decide the next course of action. Let’s deep dive into 5 ways to create an impactful and compelling story using data.

How to tell stories with data: 5 steps to make it work

“Stories—there’s nothing in the world more powerful than a good story. Nothing can stop it. No enemy can defeat it.” — Tyrion Lannister, Game of Thrones Let’s face it—with constant disruption from smartphones and gadgets, people suffer from short attention … Read More

Exploring the top 5 misconceptions around master data management that often lead to urban myths.

5 myths around Master Data Management—debunked!

Organisations big and small are recognising the importance of data as the cogs that run their business. With this awareness, conversations about Master Data Management (MDM) become more frequent. What’s the relevance of managing master data in this scheme of … Read More

Recommendations around maintaining high quality data at all times with real-life examples

What are the 8 data quality criteria you shouldn’t miss

There’s so much hype about Data Quality Management as more and more companies are realising the critical role of data as the ‘new oil’ in this Digital Era. But first, you’ll have to know and understand what you’re trying to … Read More

What are the key data health milestones? Prerequisite to your data quality journey

Poor data quality is adversely impacting businesses with an average of $15 million per year in losses, according to a Gartner’s Data Quality Market Survey. But, first, what is data quality? Data quality refers to the status of your data … Read More

What are taxonomies in spares and asset management and why it is imperative for companies to institutionalize its framework.

What on Earth Are Taxonomies in Management of Spares and Assets: Do We Need It? What If We Don’t Have Them?

Ok, before we go into Taxonomies, let’s define Spares, shall we? Spares are divided into direct and indirect spares. Direct spares are parts that go into the finished product and are stocked to support its lifecycle. In a car manufacturing … Read More

Active and Passive Governance Done Right

“Data is the new oil” has transformed the way modern enterprises perceive and approach data. But amassing petabytes of data would be for naught if these data go unchecked and ungoverned. That’s why you need to have data governance. While … Read More