Top Ten Truths about Data Projects
#10 Data is like money. If you invest it, manage it, and protect it well, it can pay off immensely. But do any of these poorly, and you’ll regret it.
#9 Development methodologies keep changing. …Mostly in name.
#8 The only thing more expensive than free software is free software implemented by the lowest bidder.
#7 Master Data Management is a transitional state until you get to the fully integrated environment… And once you’re there, you’ll need to add another system.
#6 Big data is incredibly valuable unless someone forgot to govern it.
#5 Agile is great, but knowing your real requirements is better.
#4 If data governance is painful, too slow, or too costly, it’s being done wrong.
#3 Choosing the lowest cost integrator is like choosing the cheapest plumber… Once they’re done, it looks great!! The flood won’t come until later…
#2 Data is great, but like a teenager, it has a tendency to just sit there. But it really can be useful when it’s finally in motion!
#1 Business logic and data handling are like two parts of epoxy: Once they’re mixed, you are stuck for a long time.
By Jeff Klagenberg, LumenData’s Director of MDM