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Data migrations face challenges as organizations seek better data insight

4/28/2015


Experian Data Quality, a leading provider of data quality software and services, today announced the release of a new research study, Ease the data migration burden. The study finds that while the majority of organizations are engaging in data migrations, they face significant challenges that affect the success of their projects.

To ease these challenges, organizations need to improve communication techniques with early stakeholder engagement, improve data management processes and ensure profiling and analysis take place. The data finds:

  • While 91 percent of businesses engage in data migration projects, 85 percent face challenges
  • Organizations are plagued by a high degree of inaccurate information with a third of data in U.S. organizations believed to be inaccurate
  • The most common challenge is a lack of collaboration or sharing of knowledge across departments, with technology providers, or with database consultants

“Data migrations have become an essential part of data management, with a large number of system upgrades, mergers or general data consolidation,” said Thomas Schutz, senior vice president and general manager of Experian Data Quality. “The desire to gain insight from data is so great that these projects are of critical importance to gaining customer understanding and executing business operations. While many face challenges, they can be alleviated or lessened with the right level of planning and data insight early and often throughout the project.”

To obtain a copy of Experian Data Quality’s Ease the data migration burden, please visit https://www.edq.com/white-papers/easing-the-data-migration-burden.

About Experian Data Quality

Experian Data Quality is a global leader in providing data quality software and services to organizations of all sizes. We help our clients to proactively manage the quality of their data through world-class validation, matching, enrichment and profiling capabilities. With flexible software-as-a-service and on-premise deployment models, Experian Data Quality software allows organizations around the world to truly connect with their customers by delivering intelligent interactions, every time.

Established in 1990 with offices throughout the United States, Europe and Asia Pacific, Experian Data Quality has more than 13,500 clients worldwide in retail, finance, education, insurance, government, healthcare and other sectors. For more information, visit http://www.edq.com.

About Experian

We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. We also help people to check their credit report and credit score, and protect against identity theft. In 2014, we were named by Forbes magazineas one of the “World’s Most Innovative Companies.”

We employ approximately 16,000 people in 39 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2014, was US$4.8 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, “Inside Experian.”

Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.


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