Data Quality problems in the Norwegian State Church.

I just read an article in the Norwegian paper Dagbladet.
In Norway there is a State Church. It means it is sponsored by the State and a vast majority (about 85%) of the citizens is member of it.
In the last weeks the Norwegian Church as sent out 3,12 mill election cards to Norwegians over 15 [...]

Increase your revenue by 66% with Data Quality

I stumbled on this interesting article in destinationCRM.com. It covers research from SeriousDecisions about how best practices in Data Quality can boost revenue by 66%.  Best practice in Data Quality has earlier been proven to be a key to success when you implement MDM solutions.
I have tried to show the cost of poor Data [...]

Survey shows you can realize 70% more revenue based on Data Quality

Just before Christmas a interesting survey was released by SeriousDecision, a source for business-to-business sales and marketing best practice research and data.
They really confirms some of my views on the importance of good data quality in the sales process.
1st confirmation:
The cost of poor data is not taken serious at the senior management
“Most b-to-b marketing executives [...]

Another article about ignorance of Data Quality

There is another article in IT-Pro which deals with the ignorance of data quality issues.
Some excerpts that make you think:
Nearly two in every three (58 per cent) of UK executives surveyed said they could not confirm that a documented strategy exists to keep their contact data accurate and up-to-date.
Despite this, nearly all (96 per cent) [...]

Survey: IT pros ignore poor data quality

There is an article in IT-Pro dealing with how IT-Pro’s ignore poor data quality. The article is about a survey conducted by Information Difference.
Some of the findings:

15 per cent rate their Data Quality as “high or very high”.
21 per cent believe the inaccuracies in data kost them between $10 and $100 million [...]

Fight Global Warming with Data Quality

The Direct Mail industry is urged to go green.  Experian is referring to surveys that show if Direct Mail companies wants to reduce their waste and be more cost-efficient, they have to make better use of Data Quality Systems. This will ensure their records are as accurate as possible.
I haven’t found this survey myself, and cannot link to it.
But I believe the survey.  Let’s do the math [...]

From CW: Dirty Data Blights the Bottom Line

I stumbled over this article in ComputerWorld, and just saw the relevance to my post on the sexiness of Data Quality:
Data quality isn’t a glamorous topic, but Companies ignore it — especially for internal systems- at their financial peril.
I advice you to read the article since it includes a good case study, and some very [...]

Another Calculation Method – The 1 – 10 – 100 Method

I have previously described the 1-in 10 rule.  In the article “The real Cost of Bad Data”  it is described how industry analysts had made the 1-10-100 Method.
The average cost of correct entered contact information into the master database cost
$1 is includes data validation solutions, wages for the employee and cost of computer equipment.
If you do the adress validation and de-dupication after the the submission of [...]

ROI Tip 1 – Save operating cost from month 1.

Though our tests in the Nordic Regions it shows that organizations and businesses have from 5-30 percent duplicates in their databases.  What is the price for the duplicates?

In an article in DM Review Thomas C. Redman comes with this assesment of the cost of bad data:
“Consider first the cost of efforts to find and fix errors. While organizations do, from time to time, [...]

Some more estimates of the cost of Poor Data Quality

Larry English writes  in this article:
Quality experts agree that the costs of non-quality are significant. Quality consultant Philip Crosby, author of Quality is Free, identifies the cost of non-quality to manufacturing as 15-20 percent of revenue. Juran pegs the costs of poor quality, including “custom complaints, product liability lawsuits, redoing defective work, products scrapped . [...]