Data is everywhere. It’s growing, flooding businesses with a relentless stream of raw information. But this chaos also hides valuable insights. How do you uncover them? Mastering the data preparation process is key.
In this article, we’ll shed light on how to turn unprocessed data into actionable knowledge.
Data preparation stands for collecting information from various sources and then transforming it into a structured and usable format.
It’s a fundamental step in the further analysis pipeline. Without it, you’ll never get consistent data. You also risk making ill-informed decisions, which may hamper business performance in the long run.
You can leverage prepared data in any industry and for any business function. For example:
Proper preparation of data is paramount for any business. Especially the one striving to:
Do you want to create a structured and accurate data set? Then, you can’t prepare data haphazardly. Here are the things to consider:
Getting ready for data processing is as important as actually converting it. That’s how you know what your desired outcomes are and how to achieve them.
Now, as you are all prepared for data gathering and processing, here’s how we recommend breaking down this process.
By the way, you will probably encounter two concepts: data validation and verification. What’s the difference between data validation and data verification? We have an article dedicated to this topic.
You expect information preparation to be smooth. But it doesn’t always happen that way. Sometimes you may encounter pitfalls that might affect the entire flow.
For example, you neglect big data cleaning. As your information sets have duplicates, missing values, and inaccuracies, this can’t end up as something good.
Or you might fail to consider privacy. As a result, you increase the risk of compliance issues and breaches.
Skipped validation? Let’s hope that the quality of information is at the highest level. Otherwise, faulty analysis and misguided decision-making should be on their way.
Be mindful of these mistakes. Avoiding them is the only way to get accurate information that will fuel your business efficiency and growth.
Data preparation is a delicate process. As we’ve seen, mistakes can be devastating. Hiring a team of specialists can significantly decrease these risks. That’s because they hold the expertise and experience to handle information properly.
Furthermore, experts will optimize the info preparation procedure. They will also tailor it to your unique needs. So you know that you have the most relevant and valuable information at hand.
That’s what you’ll get when you hire Nannostomus. Our experienced team is well-versed in data collection and analysis. We’ll clean, transform, and evaluate your data methodically, so you know that your analysis is as accurate as possible. Let’s work together to discover the full potential of your data. Contact us today.