Challenges and Opportunities in Information Quality

摘要

Each year companies are spending hundreds of thousands of dollars in data cleansing and other activities to improve the quality of information they use to conduct business. The hidden cost of bad data - lost opportunities, low productivity, waste, and myriads of other consequences - is believed to be much higher than these direct costs. One study estimates this combined cost due to bad data to be over U$30 billion in year 2006 alone. As business operations rely more and more on computerized systems, this cost is bound to increase at an alarming rate.