CDQ Data Sharing Community

Are you sharing cars, rides or vacation rentals? This is the age of sharing, and it’s now coming to data quality management: why maintaining your customer or supplier data yourself, when you can share the burden with others?

CDQ has set up a Data Sharing Community (former called Corporate Data League, CDL) where companies can share quality rules and best data with each other or enrich their own data with public sources, all in a secure and highly scalable cloud environment. In short: Our community offers Data Quality as a Service for business partner data.

Data Sharing – the best way to better data

Every company has customers and suppliers, and every company has to work very hard to stay current with data changes. 90% of all data was created in the last 2 years, and the pace of change overwhelms even the most efficient data maintenance operations. Data Sharing beats manual data maintenance both in efficiency and in quality – that’s why we call it the best way to better data!

Sharing is a journey with 3 phases

Companies who embrace Data Sharing typically embark on a 3-part journey:

• Phase 1 - Sharing of quality rules: companies receive 100% transparency on data quality by comparing their data against 1000+ quality rules. The rules are shared across the community and detect for example duplicates or typos
• Phase 2 – Shared public data sources: gaps in data records can nowadays often be filled with public data – dozens of sources are already available. Some data like government registries are free, some premium data like Dun & Bradstreet is not. CDQ works as a broker into this world of Open Data
• Phase 3 – Sharing of hand-validated records: Many companies do manual quality checks of sensitive information before they allow high-value transactions to go through - like wiring millions into a new bank account. Members of the CDQ Data Sharing Community can share these validated records with each other, providing highest quality levels for a fraction of the cost