Importance of Good Data
As organizations look to adopt the new wave of coming technologies, like automation, artificial intelligence, and the Internet of Things, their success in doing so and their ability to differentiate themselves in those spaces will be dependent upon their ability to get data management right.
This will become increasingly important as connected devices and sensors proliferate, causing exponential growth in data — and commensurate growth in the opportunity to exploit the data.
Those that position their organizations to manage data correctly and understand its inherent value will have the advantage. In fact, we may see leaders pull so far in front that it will make the market very difficult for slow adopters and new entrants.
The Importance Of Data Quality — Good, Bad Or Ugly [Forbes, June 5, 2017]
|Good Data Benefits||Bad Data Impacts|
|Improved Decision-Making||Undermining Business Confidence|
|Increased Productivity||Missed Opportunities|
|Improved Compliance||Lost Revenue|