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Just on point 1, maybe in the context of said FAANG data quality was by choice if at all. In other industries, e.g. Finance, it can be regulated and audited, so
by cgio 5y ago
Just on point 1, maybe in the context of said FAANG data quality was by choice if at all. In other industries, e.g. Finance, it can be regulated and audited, so operational teams care in terms of not being able to continue operations. That addresses point 2 partially, it is a complex topic, though.
- ceeplusplus 5y agoIn my experience data quality in finance is much worse than FAANG. It's common to have just the raw data feed from markets/trades/network dumped into a OLAP DB and whoever is using it has to sort through it whereas FAANG have data engineers to clean stuff up.
- cgio 5y agoI am in Finance and while I don’t question that may be the case for some, the reality is that with regulatory requirements getting more sophisticated, anyone who does not focus on DQ end to end is making a very costly decision. When the quality of data pipelines ends up impacting the capital requirements, the cost of bad data quality is hitting the PL straight away.