Data Curation Process to Enhance Business Data Utilization
The data curation process entails preparing and managing data, so business users can easily decipher it and readily use it as needed.
The purpose of data curation is to lower the duration it takes for data to go from the time it’s acquired to the point when insights can be generated from it.
As organizations become increasingly dependent on data, data curation has become an increasingly essential aspect of this process. Business users must be able to locate valuable data and make sure they use it to its fullest extent.
When companies seek to take advantage of data curation, they tend to hold themselves back due to their need for more understanding of the data curation lifecycle.
This blog is especially for you if you find yourself among them. This blog will walk you through the data curation steps here.
So, let’s get started.
Main Steps of Data Curation
The definition of data curation can be broadly described as managing data continuously and actively throughout its lifecycle. As long as data can be repurposed and repurposed in ways to add value by researchers and analysts, they will stay interested in data curation. This means the data curation process consists of the iterative steps as mentioned below:
Data Creation
This is the first step in the data regulation or curation lifecycle and can be viewed as the basis for everything else.
Data can be retrieved in various formats, including PDF and image files, Word documents and databases, and many other types of data, including text documents, audio files, and video files. Businesses typically use the following three methods for creating data:
Data Acquisition: The organization does not solely rely on internal data to run its business. The business acquires multiple data sources, even outside the company’s location.
Data Entry: When businesses generate a new data set, they must manually enter it to garner valuable insights.
Collecting data: Additionally, businesses collect data generated by devices used in various organization processes.
Organize and store Your Data
When new data is created within the organization, it needs to be stored and protected by the level of security appropriate to the data type. It is also imperative that a robust backup and recovery process is implemented to ensure data retention at all stages of the project lifecycle.
Utilizing Data in Supporting Business Operations
This is the data curation step, where the data is put into action to help businesses in their operations. The viewing, processing, editing, and saving of the data is possible.
An audit trail must be maintained for all critical data files so that all modifications to the files are transparent at all times.
Data Archive Management
As said above, the data curation lifecycle consists of multiple steps. Having an archive copy handy during any of the steps will allow you to retrieve the data if it gets lost during any of them.
Assembling Destruction
The world today is awash in data, and with time the amount of achieved data will increase, and you will only be able to archive some of the data for a while. Therefore getting rid of older data that become irrelevant is an essential step in data curation. By doing so, businesses can store new data that can be used for the curation process.
Final Take
I hope you will gain a complete picture of the data curation lifecycle after reading this blog. If the data curation process seems complex to you, consider using the help of the data curation tools. These tools can assist you in the entire data curation process.
