More than 25% of critical data in
Fortune 1,000 companies will continue to
be inaccurate, incomplete or duplicated for at least the next two
years, according to analyst Gartner.
It expects three-quarters of large enterprises will make little
to no progress towards improving data quality until 2010. To gain
competitive advantage from information, organisations need to
identify "data stewards" in the business and manage information as
a corporate asset.
Research vice-president Andreas Bitterer said that “dirty data”
or poor data quality is an often overlooked business issue and it
can have a large negative impact on a business.
“There is not a company on the planet that does not have a data
quality problem,” said Bitterer. “And where a company does
recognise it has a problem, it often underestimates the size of
it.”
Related article:
Compliance drives security spending
Related article:
Consistency of report data is a major problem, say
IT bosses
Comment on this article:
computer.weekly@rbi.co.uk