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Data plays a critical role in decision-making, business processes, and overall operational efficiency. However, data is prone to errors, inconsistencies, and inaccuracies, which can hinder its reliability and value.
Source: Gartner
Data cleansing, also known as data scrubbing, involves identifying and correcting or removing errors, inconsistencies, and inaccuracies in a dataset. In this comprehensive guide, we will explore the concept of this process, various techniques, data cleansing software tools, and best practices to ensure clean and reliable data.
The primary purpose of data cleansing is to ensure the reliability, consistency, and accuracy of data. Eliminate duplicate records, standardizing data formats, validating data against predefined rules, and detecting outliers, to enrich the quality and usability of data for effective decision-making and analysis. Cleansing is an essential process as data scientists spend 70% of their time finding optimal ways to clean their data.
Additionally, data cleansing software plays a crucial role in automating and streamlining the process. With its advanced algorithms and functionalities, this type of software offers a comprehensive solution for resolving inconsistencies. Here are some specific benefits and features that make it an essential tool for organizations:
Data cleaning methods such as utilizing scrubbing software technology, play a vital role in executing the step-by-step process of data cleansing. Let's jump into what this process looks like:
By following this step-by-step process with the aid of data scrubbing technology, organizations can achieve thorough and effective cleansing. These tools empower organizations to profile their data, assess quality issues, correct errors, and validate the cleansed data. Ultimately, the data cleansing process ensures that organizations have reliable, accurate, and high-quality data for decision-making, analysis, and various data-driven initiatives.
Data cleansing can be a complex and time-consuming task. Fortunately, numerous tools and software are available to automate and simplify the process. These tools provide features such as data profiling, deduplication algorithms, validation rules, and interactive dashboards for data analysis. Automated cleansing software, like Bedrock's Cornerstone suite, helps save time, reduce manual labor, and achieve accurate and reliable data throughout organizations. In fact, Experian revealed in 2019 that businesses had, on average, 26% inaccurate data, primarily attributed to human error. Here's a more in-depth look at some key features you should have to streamline and automate your cleansing process:
The data cleaning process comes with its fair share of challenges. Organizations need to be aware of and address these challenges to ensure successful data cleansing. Some common challenges include:
Implementing strategies like data profiling, automated validation, and regular monitoring can help overcome these challenges and maintain clean and reliable data.
To achieve optimal results, it is essential to follow industry best practices. Here are some guidelines to consider:
Data cleansing offers several benefits to organizations across various industries. These benefits include:
Data cleansing requires organizations to be mindful of legal and ethical considerations surrounding data privacy and security. It is essential to comply with applicable regulations, such as the General Data Protection Regulation (GDPR). Organizations must handle personal and sensitive data responsibly, ensuring proper consent, anonymization, and secure data storage practices. Here are some practices you can integrate for your business to prioritize security:
Data cleansing is a crucial component of a comprehensive data management and data governance framework. It intersects with other data-related processes, such as data integration, data quality management, and master data management. Integrating data cleansing software with these processes ensures a holistic approach to data management, resulting in improved data quality, consistency, and reliability.
To experience the power of data cleansing software firsthand, schedule a demo with Bedrock's Cornerstone suite. Our industry-leading cleansing solution offers advanced features, intuitive interfaces, and seamless integration capabilities. Harness the benefits of clean and reliable data with Bedrock today.