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

Transcription

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

2 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

3 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

4 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

5 Transformation begins with Sourcing Source Data Sourcing T R A N S F O R M A T I O N CRITICAL INFORMATION INSIGHT Capture Matching Identification Relationships Analysis Modeling Forecasting DATA GOVERNANCE 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 5

6 We source Standards from 370+ Standards Developing Organizations (SDOs) and have formal agreements with 130+ SDOs Errata Addenda New Standards Revisions Cancellations Amendments Re-approvals Drafts Supplements Corrigenda Superseded 6

7 During the Capture step we load data in many formats from established sources Source Data T R A N S F O R M A T I O N CRITICAL INFORMATION INSIGHT Sourcing Capture Matching Identification Relationships Analysis Modeling Forecasting DATA GOVERNANCE Processing the collected data into objects and metadata Aggregating, extending and normalizing new created information into our proprietary databases Validating accuracy quality checks 7

8 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

9 Matching applies the framework to connect information over time Source Data T R A N S F O R M A T I O N CRITICAL INFORMATION INSIGHT Sourcing Capture Matching Identification Relationships Analysis Modeling Forecasting DATA GOVERNANCE Ensuring new data is properly associated with applicable existing data Keeping revisions and updates together Matching on identifiers, metadata, and data sets 9

10 Incoming Standards are matched by many factors Incoming Standards matched to identify document status, revision history, addenda, corrigenda, and alternate document names Complete Document History 10

11 The Identification step makes each document unique in IHS systems Source Data T R A N S F O R M A T I O N CRITICAL INFORMATION INSIGHT Sourcing Capture Matching Identification Relationships Analysis Modeling Forecasting DATA GOVERNANCE Assigns unique IHS identifiers Confirms industry standard identifiers used by customers to find, categorize, and analyze information Provides traceability and connectivity throughout systems 11

12 Both unique IHS and industry standard identifiers are assigned 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 12

13 Building Relationships locates and creates associations across information Source Data T R A N S F O R M A T I O N CRITICAL INFORMATION INSIGHT Sourcing Capture Matching Identification Relationships Analysis Modeling Forecasting DATA GOVERNANCE Joining together logical relationships such as: References and applicable documents (including test specs, procurement specs, finishing specs, etc.) Replaced and superseded documents Equivalent documents 13

14 We capture relationships between documents 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 14

15 We capture relationships between documents 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 15

16 Throughout, this Process we establish goals and measure against them Source Data T R A N S F O R M A T I O N CRITICAL INFORMATION INSIGHT Sourcing Capture Matching Identification Relationships Analysis Modeling Forecasting DATA GOVERNANCE Correctness Currency Completeness Consistency 16

17 Throughout, we establish goals and measure against them Currency Sourcing processes emphasize Currency and Completeness Completeness We complete 295 standards suppliers audits annually while maintaining a 90% average on all audit currency. 17

18 Throughout, we establish goals and measure against them 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 18

19 Throughout, we establish goals and measure against them 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 Currency 19

20 Throughout, we establish goals and measure against them 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 Consistency 20

21 Our Vision is to deliver the Critical Information and Insight that powers growth and value for you 21