I usually implement Precisely and Collibra tools for clients to enhance data quality. My main use case involves working with the data catalog of Precisely to integrate data management processes and ensure data governance.
AI compliance integration elevates data quality and decision-making
What is our primary use case?
What is most valuable?
Precisely has the AI Act already implemented into the data catalog, which allows the integration of the European Artificial Intelligence Act into our processes. This feature aids in maintaining compliance with regulations by applying business rules and definitions. The solution improves decision-making and revenue by enhancing data quality.
What needs improvement?
Precisely works with a tool called Analyze, which has a steep learning curve due to its use of Jython, a combination of Java and Python. This could be improved to make the tool more user-friendly.
For how long have I used the solution?
I have been working with Precisely for around six months.
What do I think about the scalability of the solution?
Precisely is not meant for small organizations due to its high entry price. It is more suitable for large enterprises.
How are customer service and support?
My company has direct contact with Precisely, so issues get resolved quickly. However, there are sometimes version control issues when updates are released, but these are typically addressed promptly.
How would you rate customer service and support?
Neutral
What about the implementation team?
My company is a partner with Precisely, which helps in resolving issues faster.
What was our ROI?
Using Precisely improves data quality, which can lead to a 30% increase in revenue and boost net income by 20% to 25% if implemented correctly.
What's my experience with pricing, setup cost, and licensing?
Precisely has a high entry price, which is why it is not suitable for small to mid-sized organizations.
Which other solutions did I evaluate?
My company works with almost all data catalogs, however, my personal experience is primarily with Precisely, Collibra, and Dataedo.
What other advice do I have?
I rate Precisely as an eight out of ten.
It is an almost perfect solution for large companies yet may have too many features for smaller businesses.
Which deployment model are you using for this solution?
Public Cloud
