transforming source data to critical information and insight

21
Transforming Source Data to Critical Information and Insight Global Standards: Information Quality Story

Upload: others

Post on 02-Jun-2022

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Transforming Source Data to Critical Information and Insight

Transforming Source Data to Critical Information and Insight

Global Standards: Information Quality Story

Page 2: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

You use IHS Standards information every day to make critical decisions that impact your business

Rapid design of innovative and safe products for market

Complying with mandatory and voluntary requirements

Selecting materials, parts and processes that will meet strict design requirements

Ensuring workplace and consumer safety

Identifying and evaluating potential engineering changes

Providing continuous quality improvement while driving down costs

Leveraging best practice for efficient design, manufacturing, distribution, and disposal

2

Page 3: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Making the right decisions requires access to the right Critical Information and Insight

• Are my teams all working with the same standards?

• Do I have the right version of the standard?

• What if a standard updates and we don’t know about it?

• Are there more standards that are relevant to our work?

• What will we do if we need a standard urgently?

• Do different markets require different standards?

• Does everyone know what standards are available and how?

• Can I find the right standard when I need it?

• How can I be sure we are using the standards legally?

3

Page 4: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

IHS brings 50 years of experience in transforming source data into Critical Information and Insight

• Core competency is creating Critical Information and Insight needed to power growth and value

• Industry expertise adds significant value while transforming source data into Critical Information and Insight

• Dedicated to providing information you need to make decisions critical to your success

4

Page 5: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

DATA GOVERNANCE

SourceData

CRITICAL INFORMATION INSIGHTSourcing Capture Matching Identification Relationships Analysis Modeling Forecasting

Transformation begins with Sourcing

5

• We seek & gather data in different formats from various sources

• Locating & evaluating hundreds of outside data sources

• Vetting sources to ensure data consistency over time

• Auditing processes to insure 100% effectiveness

• Establishing and maintaining long-term relationships and processes

T R A N S F O R M A T I O N

Page 6: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

We source Standards from 370+ Standards Developing Organizations (SDOs) and have formal agreements with 130+ SDOs

6

ErrataNew Standards

AmendmentsCancellationsRe-approvals

Supplements SupersededCorrigenda

Addenda

Drafts

Revisions

Page 7: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

During the Capture step we load data in many formats from established sources

7

DATA GOVERNANCE

SourceData

CRITICAL INFORMATION INSIGHTSourcing Capture Matching Identification Relationships Analysis Modeling Forecasting

T R A N S F O R M A T I O N

• Processing the collected data into objects and metadata

• Aggregating, extending and normalizing new created information into our proprietary databases

• Validating accuracy quality checks

Page 8: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

We capture and normalize metadata to support robust search and uniform view of Standards

• Specifications • Established capture procedures for each source and document type

• Capture multiple relevant attributes

• Normalize and prepare object files for distribution

• Committed to:• Priority documents available

within 2 hours of receipt

• 98% of all documents available within 24 hours of receipt

• 99% correctness

8

Page 9: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Matching applies the framework to connect information over time

9

DATA GOVERNANCE

SourceData

CRITICAL INFORMATION INSIGHTSourcing Capture Matching Identification Relationships Analysis Modeling Forecasting

T R A N S F O R M A T I O N

• Ensuring new data is properly associated with applicable existing data

• Keeping revisions and updates together

• Matching on identifiers, metadata, and data sets

Page 10: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Incoming Standards are matched by many factors

10

Complete Document

History

• Incoming Standards matched to identify document status, revision history, addenda, corrigenda, and alternate document names

Page 11: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

The Identification step makes each document unique in IHS systems

11

DATA GOVERNANCE

SourceData

CRITICAL INFORMATION INSIGHTSourcing Capture Matching Identification Relationships Analysis Modeling Forecasting

T R A N S F O R M A T I O N

• Assigns unique IHS identifiers

• Confirms industry standard identifiers used by customers to find, categorize, and analyze information

• Provides traceability and connectivity throughout systems

Page 12: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Both unique IHS and industry standard identifiers are assigned

12

• IHS uses unique identifiers so each piece of content (document, part, manufacturer, SDO, etc.) can be tracked

• Industry standard identifiers are used to ensure content usability

Page 13: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Building Relationships locates and creates associations across information

13

DATA GOVERNANCE

SourceData

CRITICAL INFORMATION INSIGHTSourcing Capture Matching Identification Relationships Analysis Modeling Forecasting

T R A N S F O R M A T I O N

• Joining together logical relationships such as:

• References and applicable documents (including test specs, procurement specs, finishing specs, etc.)

• Replaced and superseded documents

• Equivalent documents

Page 14: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

We capture relationships between documents

14

• Document relationships such as cross-references and superseded, co-copyrighted, and replacement documents

• Cross-reference links support easy access to related documents

Bi-directional links between superseded & superseding documents make it easy to find the right document

Page 15: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

We capture relationships between documents

15

• Document relationships such as equivalencies, cross-references and co-copyright documents

• Cross-reference links support easy access to related documents

Bi-directional links between interrelated documents make it easy to find the right document

Page 16: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Throughout, this Process we establish goals and measure against them

16

DATA GOVERNANCE

SourceData

CRITICAL INFORMATION INSIGHTSourcing Capture Matching Identification Relationships Analysis Modeling Forecasting

T R A N S F O R M A T I O N

Correctness Currency

Completeness Consistency

Page 17: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Throughout, we establish goals and measure against them

17

Completeness

Sourcing processes emphasize Currency and Completeness

We complete 295 standards suppliers audits annually while maintaining a 90% average on all audit currency.

Currency

Page 18: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Throughout, we establish goals and measure against them

18

Correctness

We focus on Correctness and Consistency in our CAPTURE processes

We maintain 98% accuracy for the document attributes of new content added when compared to standards supplier-provided source data

Consistency

Page 19: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Throughout, we establish goals and measure against them

19

Currency

Our MATCHING and IDENTIFICATION processes drive Currency

We partner with our sources to have 98% of content published within 24 hours of receipt at the same time tracking changes and making alerts available for up-to-the-moment updates

Page 20: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.

Throughout, we establish goals and measure against them

20

Consistency

We build STRUCTURE that makes our information Complete and Consistent

We bring disparate sources into consistent format and create metadata tags to facilitate search. We are working to create abstracts for 90% of the top 50,000 documents used.

Completeness

Page 21: Transforming Source Data to Critical Information and Insight

Copyright © 2011 IHS Inc. All Rights Reserved.21

Our Vision is to deliver the

Critical Information and Insight that

powers growth and value for you