Posted on December 18, 2007 by jeric40
In this report Gartner concludes that through 2007, at least 25% of critical data within Fortune 1000 companies will continue to be inaccurate.
Just stop for a minute to think.
No wonder the cost was 600 Billions USD in 2002.
You can download the report here.
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Posted on December 18, 2007 by jeric40
This was the result of The Data Warehousing Institute (TDWI) study in 2002. The study was based on survey data from 647 respondents.
What i find interesting in this study is this:
“Almost 50 percent of survey respondents express no current plans to implement an initiative to improve data quality, while 78 percent said their organizations need [...]
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Posted on December 18, 2007 by jeric40
This is the result of a survey of 20.000 Dutch Organizations employing 10 or more people. Another interesting aspect of the survey is that even though 92,6% of the organizations find maintaining the quality of relationship data important, it appears that only 52% of the companies actually monitor the entry of data.
I believe the reason [...]
Filed under: Cost of Poor Data Quality | Tagged: Data, Quality | No Comments »