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Too much data about data

Keeping data continuously clean takes time, discipline, effort, innovation and hustle, says Fatima Ross, head: Marketing at Effective Intelligence.

Johannesburg, 01 Sep 2016

Big data, small data, unstructured data, siloed data - there is so much data about data that it's quite difficult to know exactly where to focus your efforts in order to leverage the best possible business outcomes.

Doing so requires getting down into the data dirt and scrubbing clean the imperfections that lead to poor business decisions. Yes, at the risk of being clich'ed, it is time for a data spring clean, says Fatima Ross, Head: Marketing at Effective Intelligence.

We know you already know all the benefits associated with clean, unified data, but this article is about more than giving you a mop and broom and sending you on your way. It's designed to give you the support to bring the clean data argument to other team members, bosses and business units, based on Effective Intelligence's 18 years of experience in this game.

Argument 1: The cost of "bad" data can have a dramatic negative impact on your bottom line, losing money as a result of wasted spend, wasted resources and staff time. What happens when you take that shiny new technology and pour dirty data through the pipes?

Argument 2: Marketers and analytics teams begin by deriving inaccurate insights, personas and segments from your data. From this flawed foundation, they develop flawed campaigns, built on inaccurate creative content that pushes out to customers that are irritated at your messages, or worse still... opt to purchase from your competitor.

Argument 3: Taking the time to improve the quality of the marketing data alone can't solve your data woes, but can quickly impact the quality of leads that move through to sales, the records of customer activity and history that are important to customer service, or even the value of reliability of that customer for billing.

Argument 4: If you have a clear view of your customers and prospects, you know who to care about and how to find them. If you add segmentation to your list (which is easy - just ask Effective Intelligence), then you can get over 100% gain in sales. From there, you can take what you know and accurately draw parallels as you look across different types of data to see the larger stories that data might be telling.

You need to be cleaning your data now. You need to continue to clean your data on a regular basis - forever. Cleaning your data needs to come as naturally as jumping in the shower to wash off the dirt from the previous day. Maintaining clean data is critical, because as you collect not only new data, but new types of data, you will continue to build methodologies for ingesting and analysing that data. Keeping your data continuously clean takes time, discipline, effort, innovation and hustle - and the reward is well worth the effort.

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Effective Intelligence

Effective Intelligence is the market leader in developing and implementing proven analytical data intelligence solutions. The company helps extract maximum value from customer and business data to help its clients solve their enterprise business problems in areas including strategy, marketing, risk, fraud and operational data management. Combining experts in analytics, software development and specialist data practices, Effective Intelligence offers organisations accuracy in strategic business planning by transforming data into insights. Effective Intelligence's proven intelligent software technology is the result of decades' worth of experience in innovative design and data quality specialisation that is built into the business rules and algorithms it employs. The architectural flexibility enables industry-specific solutions and departmental benefits that solve a wide range of business challenges. Since inception, Effective Intelligence has been recognised by prominent businesses as a trusted analytical data partner. Its diversified customer base includes several top performing companies, nominated business leaders of 2011, one of the largest private hospital groups in the world, one of South Africa's largest financial services groups, the top five non-food retailers and the two largest telecoms companies in South Africa. Effective Intelligence's specialist data bureau processes hundreds of millions of data records annually and this substantial capability enables it to transform and analyse client data in order to provide faster results and insights into complex problems requiring appropriate business solutions and decisions.

Editorial contacts

Fatima Ross
Effective Intelligence
(+27) 86 100 0452