Organizations that ignore their data challenges, spend significantly more effort and time to get fewer results. These organizations experience data degradation at higher rates, their analytics suffer, and their data is less secure.
On average, data degrades between 4% and 20% annually. Additionally, 70% of employees have access to data that they should not have access to.
According a study by the University of Texas, organizations that invest in data management saw a 14% increase in sales by employee and 16% increase on return on equity. Of the organizations that were studied, this return led to an additional $2 billion in revenue.
To help you start identify individual data management improvements, we have made a data initiative roadmap template available for your use.
After downloading, we will contact you to help you identify how your current data landscape is hindering your business development, product, operations, and/or strategic decisions.
“Organizations that invest in data management saw a 14% increase in sales by employee and 16% increase on return on equity.”