Successfully creating and managing data pipelines with third-party, external data takes more than 'extra' effort - data pros need to leverage learnings of peer practitioners and industry experts. In this month's newsletter find expert viewpoints, pro tips, a 'hot take' and a cheat code for surprise schema changes and the data pipeline problems they create.
Industry Article: ESG Data Management - to reach ESG goals, following through on plans that are data-informed is crucial
Whitepaper: External Data for ESG Compliance - better-understand the significant resources for sourcing, integrating, and optimizing third-party data to assessing ESG risk and meeting regulatory and shareholder requirements
Expert Piece: Data Governance for ESG - Find out if your data governance processes are up to the task of supporting your organizations's ESG initiatives.
Hot take: It's time to reconsider "building." Let's face it: the costs of sourcing, building, and managing third-party data pipelines are too great for resource-strapped data teams. Instead, buy purpose-built solutions and expert support.
ProTip: Forget schema changes & the fire drills they create. Tired of pipelines breaking because of unannounced and hard-to-track-down schema changes? Level up your game with always-on and continually maintained external data pipelines.
Listen & Learn: Hear how to avoid common pitfalls of integrating external, third-party data from a data-industry analyst and Crux SVP, Dan Lynn.
ESG Data Management Is Crucial for Sustainability
Strategic Finance Magazine interviews Patrick Ball, CRO at Crux. Patrick explains how setting ESG goals is a good first step, but following through on a data-informed, strategic plan to crucial to achieving them.
ESG has evolved in importance and moved beyond a messaging and “feel good” exercise and evolved into a business requirement. There are real dollar values associated with ESG compliance. What started as an early movement around improved corporate governance, followed by a small but vocal interested community, has morphed into Government-mandated regulations that companies need to comply with and invest significant resources in to insure against reputational risk and lack of access to capital.
Read this whitepaper to learn how there is real money associated with ESG compliance.
CRUX: The Agile Approach to External Data Integration
External data integration is crucial for organizations seeking to enhance their understanding of customers, markets, and industry trends. But integrating and building pipelines with external data is uniquely challenging. Tune in to hear about best practices and tips for avoiding common mistakes.
6 Things You Need to Know about ESG Data Management
There’s an old saying: “What gets measured gets managed.” This sentiment represents the foundation of ESG best practices. The best practices are challenging to achieve, however, without effective external-data integration. The problem lies in a lack of data—or, at least, easy access to usable data. The G in ESG stands for Governance; this includes data governance. At the outset of any ESG initiative, organizations should start by putting strong data-governance processes in place.
Build or Buy? What to Do about External-Data Integration
External data is hard. A special kind of hard. Yet many companies choose to do it themselves. The process is long and costly, involving having to manage a variety of vendor relationships, navigate documentation and licensing agreements, build bespoke connectors for a variety of filetypes, and figure out what went wrong and what to do when you face the inevitable schema break.
Getting external data ready for analytics and data science is complicated. You can spend hours sifting through reference specs trying to find the details you need to prepare the data to fit your use case. Then the next day it comes crashing down thanks to a renamed column.
