Extracting meaningful data from ocean of data

What’s the Challenge?

“Garbage in, garbage out” is a common proverb that emphasizes the importance of good quality data.
Managing massive amounts of disorganised, irrelevant, and low-quality data can be difficult.

This leads to :

Inefficient Data Management

Storing, processing, and managing large amounts of cluttered data can be time-consuming, expensive, and difficult, as it necessitates significant resources and infrastructure.

Increased Costs

Managing cluttered data can be expensive because it requires additional resources, technology, and expertise to organise, process, and maintain it.

Inaccurate Insights

Unorganised data can lead to inaccurate insights or conclusions.

Regulatory Compliance

As organisations must comply with various data privacy and security regulations, cluttered data can lead to compliance challenges.

Missed Opportunities

When organisations have unrelated data, they are unable to identify opportunities, trends, or patterns that could benefit them, resulting in lost revenue and missed opportunities.

How To Begin?

Plan

Plan ahead of time for all needs, including the scope of data you require, data sources to integrate, and most importantly, the business requirements you must meet.

Capture

The ability to Capture high-quality data is critical to the success of a data warehouse. Data governance policies and procedures are required to ensure that the data is accurate, complete, and consistent.

Simplify

Simplify data requirements across stages for various needs while keeping security, scalability, and data redundancy in mind.

Strategize

It helps to Strategize your plan in decision-making, improved problem-solving, and increased efficiency in a variety of fields, including business, science, healthcare, and education, using real data and visualisation.

Visualisation

Good Visualisation or analytics can assist users in identifying patterns, trends, and insights that may not be obvious when looking at raw data.

The movement of data is a rhythm in and of itself. The more we tune, the more soothing it becomes for the right audience.
Data extraction is the process of gathering information from various sources. Data is extracted using a variety of methods, including batch processing, change data capture, and real-time integration.

Data Transformation is the process of transforming or cleaning data to ensure consistency, accuracy, and usability.

Loading data into a data lake or data warehouse with encryption logic on critical or sensitive data is what Data Loading entails.

Data Maintenance requires ongoing maintenance to ensure data quality, consistency, and reliability, as well as the creation of data marts or the creation of a reporting layer.

Data Mining and Analysis at various stages using various technologies allows for a deep dive.

Data Insights provides decision-making flexibility. And the continuous movement of data necessitates Data Governance, Data Security, and Compliance.

AI can improve or automate data flow in data warehousing by performing tasks that were previously done manually.

The Extraction process is aided by data selection and sourcing. To extract data from unstructured sources such as emails, documents, and images, natural language processing (NLP) and optical character recognition (OCR) can be used.

Further machine learning algorithms help to identify patterns, cleanse data, and perform Data Integration tasks.

AI can aid in data loading automation by utilising automated workflows and scheduling tools in a timely and efficient manner.

Using a training model and continuous tuning, Data Maintenance can be automated using predictive analytics and machine learning algorithms to identify data quality issues, anomalies, and errors, as well as perform automated data validation and reconciliation tasks.

It can immediately identify risks and take the necessary action to become Compliant with the registration of critical/sensitive data identification.

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