One of the directives of digital transformation is imperative to create a data-driven culture. However, as revealed in The Talend 2021 Data Health survey, organisations globally continue to struggle to work effectively with data.
The survey revealed that 78% of executives say they face challenges in using their data, and more than a third say they simply aren’t using it to make decisions.
Gartner says inconsistent business outcomes due to unreliable data and poor data quality are responsible for an average of US$12.8M per year in losses for organisations.
This June 2022, Talend is updating its namesake Data Fabric solution to provide aggregation and historical views into the health of any dataset. The new feature will help businesses to analyse combined data quality metrics to evaluate data trust at macro and micro levels, including across all datasets, groups of datasets, or individual datasets.
The update will enable businesses to see trends and measure data trust over time and identify data drift issues to ensure reliable information is used to drive optimal business outcomes.
New features include:
Talend Trust Score by Groups provides more targeted insights into the health of data assets instantly with trust score grouping via metadata. Now users can filter any group of datasets, or individual datasets, and see an aggregate trust score that can serve as an enhanced “single-pane-of-glass” view into data health. This provides a fully tailored view of datasets that are relevant to each user, for an at-a-glance view of actionable data quality metrics.
Talend Trust Score Trending provides a temporal view of the health of datasets. Customers can now see trends and measure the effectiveness of data programs on an ongoing basis and surface issues that are not visible with snapshots of quality, such as data drift. Customers may scan datasets at intervals such as daily, weekly, and hourly, providing a view into dataset quality to help provide a more accurate assessment at any given time.
The company claims that as the first advanced trust score available in the industry, Talend Trust Score helps businesses assess the quality of their datasets. Talend Trust Score intelligently evaluates and scores data in Talend customer environments by using crawlers that automatically scan datasets in on-premises and cloud data warehouses such as Snowflake, AWS, Microsoft Azure, or Google. Businesses can also identify quality issues with incoming data from third-party systems/source systems and remedy them immediately before there is a negative impact.
Said Jamie Fiorda, vice president, product marketing, Talend: “Our advancements to Talend Trust Score will help businesses understand the ongoing quality of their data and feel confident in the decisions they are making. This new product release is another step toward helping our customers leverage healthy data to achieve powerful business outcomes.”