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How to Enable Data Quality at Scale
How to Enable Data Quality at Scale

September 21, 2022

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A survey of Fortune 1000 companies across 10 industries shed interesting light on how data quality improves business impact. The results found that if companies could improve the quality and usability of their data by even 10%, they could increase return on equity (ROE) by 16%, amounting to an increase in revenue of over $2 billion every year for the average Fortune 1000 company.

But how can enterprises improve data quality at scale as they continue to collect more data than ever before? 

Enterprise data teams can’t rely on manual interventions to improve data quality at scale. So what is the solution? What they need is a data observability solution with advanced AI/ML capabilities to automatically detect data and schema drift, anomalies, as well as lineage.

What is Data Observability?

How to Measure your Technology Readiness in 2022?

Data observability means different things to different people. Broadly data observability can be defined as the ability of an organization to completely understand the health of its data. Put another way, it is a systematic solution to the problem of data complexity. It monitors and correlates data workload events across application, data, and infrastructure layers to resolve issues in production analytics and AI workloads.

Data observability can offer full data visibility and traceability with a single unified view of the entire data pipeline. This can help data teams to predict, prevent, and resolve unexpected data downtime or integrity problems that can arise from fragmented data.

While the specifics may vary from industry to industry, all enterprise data teams need to work with several data types, sources, and technologies throughout the data lifecycle. For example, a healthcare enterprise may need to collect customer details directly via phone or their website for certain administrative tasks such as enrollment. At the same time, for billing, they may also need to work with external software, databases, and third-party payment processors. They may also need to work with social media, voice, and video customer feedback to gauge the ongoing quality of their healthcare operations. 

So, enterprise data teams need to ingest different data types across a wide range of sources such as their website, third-party sources, external databases, external software, and social media platforms. They need to clean and transform large sets of structured and unstructured data across different data formats. And they need to wring actionable analysis and useful insights out of large, seemingly uncorrelated data sets. Enterprise data teams use multiple technologies from ingestion to transformation to analysis and consumption. 

Using different data technologies can help data teams handle the ever-increasing volume, velocity, and variety of data. However the trade-off is fragmented, unreliable, and broken data.

An incomplete view of data prevents data teams from understanding how the data gets transformed, thus causing broken data pipelines and unexpected data outages, which in turn requires data teams to manually debug these problems.

Data Observability to the Rescue:

This is where a multidimensional data observability approach can help. This gives data teams a single unified view of the data pipeline across different technologies through the data lifecycle, enabling data teams to automatically monitor data and track lineage. The best part is that it ensures data reliability even after the data transforms multiple times across technologies.

 

AI Leveraged to Effectively Handle Dynamic Data:

Data observability leverages AI to help prevent broken data pipelines and unreliable data analysis.

Dynamically changing data can create unforeseen problems. Changes in source or destination can cause schema drift. And any unexpected changes to the data-related structure, semantics, or infrastructure can cause data drift. The right data observability solution can detect any structural or content changes that cause these issues. It also helps reconcile data in motion to ensure data fidelity. This can help avoid broken data pipelines and corrupt data analysis.

Data Observability Can Automatically Identify Anomalies and Root Cause Problems:

Advanced AI/ML capabilities from data observability solutions can automatically identify anomalies based on historical trends of CPU, memory, costs, and compute resources. For example, if there is a significant variance in the average expected cost per day, when compared to the historical mean or standard deviation values, a data observability solution will automatically detect this and send you an alert. 

An effective data observability solution can correlate events based on historical comparisons, resources used, and the health of the production environment. This can help data engineers to identify the root causes of unexpected behaviors in the production environment faster than ever before. With this approach, data teams can do the following:

AI and ML Can Help Enterprises Improve Data Quality at Scale:

Data is becoming the lifeblood of enterprises. In this context, data quality is only going to become more important.

 “As organizations accelerate their digital [transformation] efforts, poor data quality is a major contributor to a crisis in information trust and business value, negatively impacting financial performance,” saysTed Friedman, VP analyst at Gartner.

How to Measure your Technology Readiness in 2022?

Organizations must improve data quality if they want to make effective data-driven decisions. But as data teams collect more data than ever before, manual interventions alone aren’t enough. They also need a data observability solution with advanced AI and ML capabilities, to augment the manual interventions and improve data quality at scale.

Foundational skills for Data Observability job role are Data Platform management, AI/ML model deployment skills, Big Data Administration & Use Case deployment, Data Warehouse management, Foundational Data Quality/Data Governance.

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The content for this blog is referenced from this piece - https://www.acceldata.io/blog/data-quality-at-scale 

Written by Rohit Choudhury, CEO, Acceldata


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