Bank wrongly collects debt from customers due to IT errors. One of Europe’s reputed progressive banks is Danske Bank (Denmark). They pride themselves in excellent customer service and ethical treatment of their customers. Recently, much to their reputational embarrassment they collected outdated and excessive debt from up to 106,000 customers due to errors in its…

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Saw this very informative article on the ongoing demise of Hadoop. Our customers are experiencing the same conditions the author Nicole Hemsoth is referencing. Here is a summary of the longer article. Summary Why did it grow initially? 2010-2015: Hadoop was touted for its incredible analytics performance and cost savings compared to the then dominant…

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Whitepaper AI ML Led Automated Data Quality Authors: Seth Rao, Angsuman Dutta, Himansu Sekhar Tripathy, Deep Sharma Introduction Data Quality Management (DQM) impacts a number of key business drivers, ranging from regulatory compliances, to customer satisfaction, to building new business models. Quality is one of the key functions under Data Governance, as unverified/unqualified data has…

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Turing Award Winner and MIT Professor, Dr. Michael Stonebraker wrote a white paper outlining his transformative view on data (1). He believes real digital transformation must start with clean, accurate, consolidated data sets. These ideas are already driving major change at GE, HPE, Thomson Reuters, and Toyota. This is a summary of his paper. Q:…

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For GDPR (General Data Protection Regulation, a short introduction is attached below this article), Data Quality and Data Integrity are not “nice-to-have’s” and risk cannot be transferred to another party or mitigated by legal contracts. You’ll benefit by mitigating impact of Data Quality on GDPR compliance by putting these easy checks in place right away.…

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Key Takeaway Health insurance companies are losing millions of dollars each year due to poor healthcare Data Integrity and healthcare Data Quality in critical business processes such as claims, enrollment and membership, billing and payment, population management, pricing etc. In order to comply with the Accountable Care Act (ACA), Healthcare insurance organizations are turning to…

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