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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