Poor Data Quality Cost 10-20% of revenue

Thomas C. Redman writes in this article that: Poor data quality costs the typical company at least ten percent (10%) of revenue; twenty percent (20%) is probably a better estimate.

Larry English writes the same in this article.

3 Responses

  1. Good article – right on the mark.

    I have been working with customer data my entire career and presently consult with a large consulting firm in the MDM space.

    I am looking for authors to post articles or share related news about industry products, related news, or insights about enterprise data quality.

    http://www.enterprisedataquality.com

    Regards,
    Peter

  2. Hi Peter.

    Thank you for the comment. I would very much like to post article on your webpage as well.

    I am glad for everone that keeps the focus on Data Quality

    Best regards
    Jan-Erik

  3. […] customer attrition and wrong foundation for decisions are just a few points. We have in an earlier posting showed how some estimates the cost of poor data to 10-20% of your revenue. In the bottom of this […]

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