In a BI-survey.com report, Master Data/Data Quality Management is voted the most important BI trend to watch for in 2018. Accuracy in decision-making can only be obtained when organizations have a high quality master data. Thereby the below aspects will become imperative:
- Curation of data from multiple internal and external/open sources
- Finding and replacing old data with new data
- Cleansing and enriching data through deduplication and standardization.
However as the number of data sources increase, processing them becomes a challenge. And there are chances that a considerable amount of this data is unstructured. This is where Big Data and AI technologies like machine learning algorithms will be used to harness raw data into real-time insights.