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Data Validity and the other 2 factors that determine the quality of data

Businesses carry a bundle of data which is maintained safely as a record. This record is very beneficial during an inspection. When an inspection is done, an employee’s performance and maintenance is reviewed and recorded, or even when a safety meeting is organized, data is being collected.

Now the question comes that why this is collected and maintained? Because it plays a very important role in achieving a greater objective or making the best business decisions.

There are 3 factors that determine the quality of data. These components should be carefully followed and fulfilled which will surely result in high-quality data. And always remember,

high-quality data = greater success and

greater success = fact-based decisions.

The factors of high-quality data are:

Data Validity

Data validation is basically the delivery of clean and clear data to the programs, applications, and services using it. It inspects for the integrity and validity of data that is being inserted into different software and its components. Data validation certifies that the data fulfills with the requirements and quality benchmarks.

Data Consistency

Somewhat similar to data completeness, data consistency refers to whether the kinds of data align with the expected versions of the data that should be entering in. 

Data Accuracy

Data accuracy itself says the correctness of data which is collected. If it’s incorrect, it can have a huge effect on your daily business decisions notwithstanding the data entry team size and also have an adverse effect on key business decisions. This situation will ultimately give you a negative result such as decreasing the overall revenue of the company. It is important that every firm comprehends the importance of enterprise data quality difficulties and takes it up seriously to solve them.

Conclusion

High-quality data is resolved by advancing the consistency, accuracy, and validity of the data collected.

By following the best exercises of certifying high-quality data, we, as BDS Services organization, have revamped our operational processes and organizational discernibility through sophisticated, data-driven decisions.

BDS Services offers top class data validation services. Till date, we have fruitfully processed more than 50, 00,000 data across various industries which gives us an upper hand amongst other competitors.