Data Proliferation

Data Proliferation

Data Proliferation Jonathan Poland

Data proliferation refers to the rapid growth of data, often resulting in a large amount of replicated and low-quality data. This can be costly to manage and may pose compliance and operational risks to an organization. While it may be necessary to analyze this data in order to understand its structure, sources, and uses, it may ultimately have little value to the organization and can be difficult to discard. The following are illustrative examples of data proliferation.

Customer Data

It is common for multiple systems in an organization to maintain customer data. Such data is commonly out of sync between systems with no clear single source of truth. This can cause operational failures such as sending a bill to the wrong address.

Documents

Knowledge workers tend to create a lot of documents that get checked into a document management system. In many cases, such documents become completely unused with time but are retained as a precaution.

Communication

Communications such as emails can gather at the rate of hundreds per employee per day. Most communications lose their value almost immediately but often are retained for an extended period of time.

Backups

Backups of data, documents and communications often need to be retained in case something important was deleted from the source systems. If someone deletes a critical email, the only copy may be in a backup from a particular day last year. As such, backups are commonly stored for long periods of time. This can consume considerable resources despite the fact that backups are rarely used.

Transactional Data

Transactional data such as market trades and website purchases can grow extremely quickly. Transactional data is often viewed as valuable for historical research. For example, it is common to look at patterns in stock trades going back decades.

Social Data

Data that is shared by people on a public or private social network. Often viewed as valuable for purposes such as market research and machine learning.

Sensors & Machines

Machine and sensor generated data. Sensors have become cheap to the extent than they can be embedded in everyday objects in great numbers. Such data may be generally less valuable than human generated data. For example, video of a train tunnel or data from a tire pressure sensor isn’t interesting for long. Nevertheless, sensor data potentially represents a gigantic source of data that is far larger than all other sources combined.

What are Power Structures? Jonathan Poland

What are Power Structures?

Power structures are the systems or frameworks that are used to exert control or influence over a government, organization, or…

Team Objectives Jonathan Poland

Team Objectives

Team objectives are specific goals that are established for a team in order to guide their work and track their…

Puffery Jonathan Poland

Puffery

Puffery refers to exaggerated or overstated claims in marketing communications. It is a legal concept that acknowledges that customers expect…

Corporate Governance Jonathan Poland

Corporate Governance

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It…

Cross Sellilng Jonathan Poland

Cross Sellilng

Cross-selling is the practice of selling additional products or services to existing customers. In a single transaction, this might involve…

Brand Strategy Jonathan Poland

Brand Strategy

Brand strategy is the plan that a company has for building and managing its brand over time. It involves defining…

Types of Fallacies Jonathan Poland

Types of Fallacies

A fallacy is an error in reasoning that can lead to an incorrect conclusion. Fallacies can be found in arguments,…

Cultural Norms Jonathan Poland

Cultural Norms

A cultural norm is a shared belief or behavior that is considered to be acceptable or appropriate within a particular…

Quantum Computing Jonathan Poland

Quantum Computing

Quantum computing is a fascinating and rapidly evolving field that seeks to harness the principles of quantum mechanics to perform…

Learn More

What is Integrity? Jonathan Poland

What is Integrity?

Integrity is a concept that refers to the adherence to moral and ethical principles, as well as the consistency between…

Analytics Jonathan Poland

Analytics

Analytics is the practice of analyzing data in order to draw insights and inform business decisions. This can include analyzing…

Implementation Risk Jonathan Poland

Implementation Risk

Implementation risk refers to the potential negative consequences that a business may face as a result of difficulties or failures…

Strategic Advantage Jonathan Poland

Strategic Advantage

A strategic advantage refers to a position that gives a company an edge over its competitors and makes it likely…

Channel Structure Jonathan Poland

Channel Structure

Market penetration is the percentage of a target market that purchased a company’s product or service over a period of time.

Cost of Capital Jonathan Poland

Cost of Capital

The cost of capital is the required rate of return that a company must earn on its investments in order…

Job Titles Jonathan Poland

Job Titles

Job titles are brief labels that are used to describe the duties, goals, and expectations of a job. Some companies…

Public Relations Jonathan Poland

Public Relations

Public relations (PR) refers to the practice of managing the spread of information between an organization and its stakeholders. The…

What is Genchi Genbutsu? Jonathan Poland

What is Genchi Genbutsu?

Genchi Genbutsu is a Japanese term that refers to the practice of going to the source or the root of…