Drexel University award recognizes data integrity leader, Precisely, for building a culture of trusted data - powered by their own market-leading solutions
Master Data Management partner, Precisely, has been recognised as an Analytics 50 honoree by Drexel University's LeBow College of Business. This accolade commends the innovative application of their own data integrity solutions amid a period of significant digital transformation, marked by substantial growth and merger and acquisition (M&A) endeavours.
Under the leadership of forward-thinking Chief Data and Information Officer, Amy O'Connor, the project team successfully instilled a culture of data integrity across all facets of the organization. In just nine months, Precisely seamlessly migrated 228 datasets across eight lines of business, implementing robust data standardization processes for sustained data consistency. This effort led to an impressive 98% improvement in data quality.
Diana Jones, Executive Director of the Center for Business Analytics at LeBow, noted, "With our latest research showing that 70% of organizations with low levels of trust in their data point to data quality as the biggest challenge to making confident decisions, it’s remarkable to see the speed and scale at which Precisely were able to overcome their data challenges by relying on their own solutions."
The Drexel LeBow Analytics 50 is a prestigious national recognition program that honours organizations at the forefront of analytics-driven problem-solving. Honorees are selected by a panel of researchers and practitioners who evaluate nominations based on the complexity of the business challenge, the analytics solution implemented, and the solution’s business impact on the organization. These honorees effectively bridge academia and industry, showcase best practices, and demonstrate the profound impact of data-driven strategies on their businesses.
“We’re very pleased to be able to showcase this example of data integrity innovation through our Drexel LeBow Analytics 50 program," concludes Jones.
Amy O'Connor emphasized Precisely's commitment to data integrity: "As the global leader in data integrity we have a responsibility to demonstrate best practice in achieving trusted data. Whether it’s our own business or one of our 12,000 customers worldwide, we’re proud to power organisations with the accurate, consistent, and contextual data needed to make confident decisions and