Fundamentally, when data and information become standardized, they tend to reflect and normalize the lived experience of those in power. After all, it is generally those in power who create the ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Data is the lifeblood of the modern economy. Thousands of data points generated by each ...

Data standardization has been more successful in some industries but not in the complex world of logistics. The International Standard Book Number (ISBN) is a prime example of successful data ...

Centralized solutions can aid in firms’ data standardization strategies. For example, over 550 firms exchange large amounts of data throughout the insurance product lifecycle leveraging DTCC’s ...

IT systems may need to be designed or updated to handle new required key data elements. For example, a representative of Gorton Seafoods detailed hiccups with the number of digits in the required ...

Data standardization across the municipal market ... can't be easily copied and pasted into external data sets, were one example of the problems he noted. “Is it really conceivable to have ...

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Brands can avoid reputational damage, and consumers can get more control over how businesses use their data. The next question is what those standards should cover. For example, rules already exist ...

By establishing policies and thresholds upfront, we can automate the enforcement of our data standards, freeing up our teams to focus on more strategic tasks. For example, our data scanning ...