How trustworthy is the data that you provide? Not very, if it has quality problems. Data quality is one of the biggest roadblocks to trusting corporate performance management (CPM) and business intelligence (BI) solutions. Picture this: a business group starts using a new CPM or BI solution only to discover that it cannot analyze the data to make business decisions or, worse, the data doesn't match actual business results. Compliance with government regulations becomes impossible. Trust in the data is lost.
The problems grow because every CPM and BI project with a reputation for poor data quality begets another costly CPM or BI project to get it right. The proliferation of data silos costs the business time and money to determine what data to use and how to manipulate it. Meanwhile, the company gets more expensive IT projects and costly product licenses to solve the problem ... this time for sure.
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