No matter what business you are in, your company’s data is a crucial raw material. Information lets you maximize production efficiency, market products effectively and plan for the future. The problem, however, is that much corporate data is of very poor quality. A recent survey of the financial services industry by analytical software provider MathWorks, for example, found that almost 70 percent of the respondents view quality – not quantity – as their biggest data challenge.

Poor quality data can become a giant obstacle to long-term security and growth prospects and is indicative that many companies do not have control of their data.

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