SSOT (Single Source of Truth) is a data management strategy where a single data source is designated as the authoritative source for a particular piece of information. This approach aims to ensure data consistency and accuracy across different systems and reduce the risk of data discrepancies.
Why is SSOT important in data management?
SSOT is important in data management because it ensures that all stakeholders use the same, accurate data, reducing the risk of inconsistencies and errors, and improving decision-making processes.
What are the benefits of implementing SSOT?
Benefits of implementing SSOT include improved data accuracy and consistency, better data quality, enhanced trust in data, and more efficient data management and reporting.
How does SSOT differ from other data management strategies?
SSOT differs from other data management strategies by focusing on maintaining a single, authoritative data source, whereas other strategies may involve multiple data sources that need to be reconciled and managed separately.