Data Revolution Infographic by QAS

DATA REVOLUTION! IT IS A TIME OF AUSTERITY. DATA INACCURACY CAN NO LONSER BE TOLERATED. 92%, 89% of companies believe that their departmental budgets are being WASTED as a result of INACCURATE DATA. 92% of businesses dependent on databases have reported that they believe some aspect of the data they hold is FLAWED. The average proportion of departmental budgets lost from bad data is 15%! 15% Most think this is more than a quarter... 1/4 83% of respondents BUT TWO-THIRDS of to our survey said that they have a customer loyalty programme. those companies have seen inaccurate data DAMAGING their customer loyalty programmes! LIBERATE LOST BUD9ETS! INVESIMENT IN IMPROVINS DATA ACCURACY HAS THE POHER 10 MORE THAN COMPENSA TE FOR THE EFFECTS OF AUSTERITY. 90% of companies Worldwide, the average increase in profits was almost £1 MILLION PER YEAR.* that INVESTED in better data quality saw their PROFITS INCREASE "Over £940,000. last year. MANY BUSINESSES ARE ALREADY JOININ9 IN THE DA TA ACCURACY REVOLUTION. AMONS RESPONDENTS... ESO0,00 BEO Shes Small Companies: investing an average of more than Medium Companies: investing an average of over £245,000 per year in data accuracy. £140,000 per year in data accuracy. Large Companies: investing an average of more than £500,000 per year in data accuracy. PROGRESS! FORWARD! HUMAN ERROR IS THE BI99EST CAUSE OF INACCURACY..BUT TOO MANY COMPANIES ARE USINS THE SAME METHODS TO FIX IT! 57% of data inaccuracy is found to come from human error. Nearly two-third of companies have set targets for correcting bad data. 15% of them have set 100% data accuracy as their target. T80% BUT as recognition of the data inaccuracy problem grows, many companies are relying on those very humans to solve it. SIN9LE CUSTOMER VIEN Manual analysis of response rates: 2011 - 40% 82% of companies have SCV as an objective 82% 2012 - 45% 62% are actively working towards it. 62% Manual checking of databases for accuracy: 21%) Just over a fifth (21%) think they are there. 2011 – 24% Only 8% report having a successful SCV strategy in place. 8% 2012 - 27% JOIN THE DATA QUALITY REVOLUTION NOW! DExperian All data used in this infographic is drawn from "Global Data Quality Research 2012", an independent QAS market research report commissioned by QAS and produced by Dynamic Markets. %68 DATA REVOLUTION! IT IS A TIME OF AUSTERITY. DATA INACCURACY CAN NO LONSER BE TOLERATED. 92%, 89% of companies believe that their departmental budgets are being WASTED as a result of INACCURATE DATA. 92% of businesses dependent on databases have reported that they believe some aspect of the data they hold is FLAWED. The average proportion of departmental budgets lost from bad data is 15%! 15% Most think this is more than a quarter... 1/4 83% of respondents BUT TWO-THIRDS of to our survey said that they have a customer loyalty programme. those companies have seen inaccurate data DAMAGING their customer loyalty programmes! LIBERATE LOST BUD9ETS! INVESIMENT IN IMPROVINS DATA ACCURACY HAS THE POHER 10 MORE THAN COMPENSA TE FOR THE EFFECTS OF AUSTERITY. 90% of companies Worldwide, the average increase in profits was almost £1 MILLION PER YEAR.* that INVESTED in better data quality saw their PROFITS INCREASE "Over £940,000. last year. MANY BUSINESSES ARE ALREADY JOININ9 IN THE DA TA ACCURACY REVOLUTION. AMONS RESPONDENTS... ESO0,00 BEO Shes Small Companies: investing an average of more than Medium Companies: investing an average of over £245,000 per year in data accuracy. £140,000 per year in data accuracy. Large Companies: investing an average of more than £500,000 per year in data accuracy. PROGRESS! FORWARD! HUMAN ERROR IS THE BI99EST CAUSE OF INACCURACY..BUT TOO MANY COMPANIES ARE USINS THE SAME METHODS TO FIX IT! 57% of data inaccuracy is found to come from human error. Nearly two-third of companies have set targets for correcting bad data. 15% of them have set 100% data accuracy as their target. BUT as recognition of the data inaccuracy problem grows, many companies are relying on those very humans to solve it. SIN9LE CUSTOMER VIEN Manual analysis of response rates: 2011 - 40% 82% of companies have SCV as an objective 82% 2012 - 45% 62% are actively working towards it. 62% Manual checking of databases for accuracy: 21%) Just over a fifth (21%) think they are there. 2011 – 24% Only 8% report having a successful SCV strategy in place. 8% 2012 - 27% 愿 愿 JOIN THE DATA QUALITY REVOLUTION NOW! DExperian All data used in this infographic is drawn from "Global Data Quality Research 2012", an independent QAS market research report commissioned by QAS and produced by Dynamic Markets. %68 DATA REVOLUTION! IT IS A TIME OF AUSTERITY. DATA INACCURACY CAN NO LONSER BE TOLERATED. 92%, 89% of companies believe that their departmental budgets are being WASTED as a result of INACCURATE DATA. 92% of businesses dependent on databases have reported that they believe some aspect of the data they hold is FLAWED. The average proportion of departmental budgets lost from bad data is 15%! 15% Most think this is more than a quarter... 1/4 83% of respondents BUT TWO-THIRDS of to our survey said that they have a customer loyalty programme. those companies have seen inaccurate data DAMAGING their customer loyalty programmes! LIBERATE LOST BUD9ETS! INVESIMENT IN IMPROVINS DATA ACCURACY HAS THE POHER 10 MORE THAN COMPENSA TE FOR THE EFFECTS OF AUSTERITY. 90% of companies Worldwide, the average increase in profits was almost £1 MILLION PER YEAR.* that INVESTED in better data quality saw their PROFITS INCREASE "Over £940,000. last year. MANY BUSINESSES ARE ALREADY JOININ9 IN THE DA TA ACCURACY REVOLUTION. AMONS RESPONDENTS... ESO0,00 BEO Shes Small Companies: investing an average of more than Medium Companies: investing an average of over £245,000 per year in data accuracy. £140,000 per year in data accuracy. Large Companies: investing an average of more than £500,000 per year in data accuracy. PROGRESS! FORWARD! HUMAN ERROR IS THE BI99EST CAUSE OF INACCURACY..BUT TOO MANY COMPANIES ARE USINS THE SAME METHODS TO FIX IT! 57% of data inaccuracy is found to come from human error. Nearly two-third of companies have set targets for correcting bad data. 15% of them have set 100% data accuracy as their target. BUT as recognition of the data inaccuracy problem grows, many companies are relying on those very humans to solve it. SIN9LE CUSTOMER VIEN Manual analysis of response rates: 2011 - 40% 82% of companies have SCV as an objective 82% 2012 - 45% 62% are actively working towards it. 62% Manual checking of databases for accuracy: 21%) Just over a fifth (21%) think they are there. 2011 – 24% Only 8% report having a successful SCV strategy in place. 8% 2012 - 27% 愿 愿 JOIN THE DATA QUALITY REVOLUTION NOW! DExperian All data used in this infographic is drawn from "Global Data Quality Research 2012", an independent QAS market research report commissioned by QAS and produced by Dynamic Markets. %68 DATA REVOLUTION! IT IS A TIME OF AUSTERITY. DATA INACCURACY CAN NO LONSER BE TOLERATED. 92%, 89% of companies believe that their departmental budgets are being WASTED as a result of INACCURATE DATA. 92% of businesses dependent on databases have reported that they believe some aspect of the data they hold is FLAWED. The average proportion of departmental budgets lost from bad data is 15%! 15% Most think this is more than a quarter... 1/4 83% of respondents BUT TWO-THIRDS of to our survey said that they have a customer loyalty programme. those companies have seen inaccurate data DAMAGING their customer loyalty programmes! LIBERATE LOST BUD9ETS! INVESIMENT IN IMPROVINS DATA ACCURACY HAS THE POHER 10 MORE THAN COMPENSA TE FOR THE EFFECTS OF AUSTERITY. 90% of companies Worldwide, the average increase in profits was almost £1 MILLION PER YEAR.* that INVESTED in better data quality saw their PROFITS INCREASE "Over £940,000. last year. MANY BUSINESSES ARE ALREADY JOININ9 IN THE DA TA ACCURACY REVOLUTION. AMONS RESPONDENTS... ESO0,00 BEO Shes Small Companies: investing an average of more than Medium Companies: investing an average of over £245,000 per year in data accuracy. £140,000 per year in data accuracy. Large Companies: investing an average of more than £500,000 per year in data accuracy. PROGRESS! FORWARD! HUMAN ERROR IS THE BI99EST CAUSE OF INACCURACY..BUT TOO MANY COMPANIES ARE USINS THE SAME METHODS TO FIX IT! 57% of data inaccuracy is found to come from human error. Nearly two-third of companies have set targets for correcting bad data. 15% of them have set 100% data accuracy as their target. BUT as recognition of the data inaccuracy problem grows, many companies are relying on those very humans to solve it. SIN9LE CUSTOMER VIEN Manual analysis of response rates: 2011 - 40% 82% of companies have SCV as an objective 82% 2012 - 45% 62% are actively working towards it. 62% Manual checking of databases for accuracy: 21%) Just over a fifth (21%) think they are there. 2011 – 24% Only 8% report having a successful SCV strategy in place. 8% 2012 - 27% 愿 愿 JOIN THE DATA QUALITY REVOLUTION NOW! DExperian All data used in this infographic is drawn from "Global Data Quality Research 2012", an independent QAS market research report commissioned by QAS and produced by Dynamic Markets. %68 DATA REVOLUTION! IT IS A TIME OF AUSTERITY. DATA INACCURACY CAN NO LONSER BE TOLERATED. 92%, 89% of companies believe that their departmental budgets are being WASTED as a result of INACCURATE DATA. 92% of businesses dependent on databases have reported that they believe some aspect of the data they hold is FLAWED. The average proportion of departmental budgets lost from bad data is 15%! 15% Most think this is more than a quarter... 1/4 83% of respondents BUT TWO-THIRDS of to our survey said that they have a customer loyalty programme. those companies have seen inaccurate data DAMAGING their customer loyalty programmes! LIBERATE LOST BUD9ETS! INVESIMENT IN IMPROVINS DATA ACCURACY HAS THE POHER 10 MORE THAN COMPENSA TE FOR THE EFFECTS OF AUSTERITY. 90% of companies Worldwide, the average increase in profits was almost £1 MILLION PER YEAR.* that INVESTED in better data quality saw their PROFITS INCREASE "Over £940,000. last year. MANY BUSINESSES ARE ALREADY JOININ9 IN THE DA TA ACCURACY REVOLUTION. AMONS RESPONDENTS... ESO0,00 BEO Shes Small Companies: investing an average of more than Medium Companies: investing an average of over £245,000 per year in data accuracy. £140,000 per year in data accuracy. Large Companies: investing an average of more than £500,000 per year in data accuracy. PROGRESS! FORWARD! HUMAN ERROR IS THE BI99EST CAUSE OF INACCURACY..BUT TOO MANY COMPANIES ARE USINS THE SAME METHODS TO FIX IT! 57% of data inaccuracy is found to come from human error. Nearly two-third of companies have set targets for correcting bad data. 15% of them have set 100% data accuracy as their target. BUT as recognition of the data inaccuracy problem grows, many companies are relying on those very humans to solve it. SIN9LE CUSTOMER VIEN Manual analysis of response rates: 2011 - 40% 82% of companies have SCV as an objective 82% 2012 - 45% 62% are actively working towards it. 62% Manual checking of databases for accuracy: 21%) Just over a fifth (21%) think they are there. 2011 – 24% Only 8% report having a successful SCV strategy in place. 8% 2012 - 27% 愿 愿 JOIN THE DATA QUALITY REVOLUTION NOW! DExperian All data used in this infographic is drawn from "Global Data Quality Research 2012", an independent QAS market research report commissioned by QAS and produced by Dynamic Markets. %68 DATA REVOLUTION! IT IS A TIME OF AUSTERITY. DATA INACCURACY CAN NO LONSER BE TOLERATED. 92%, 89% of companies believe that their departmental budgets are being WASTED as a result of INACCURATE DATA. 92% of businesses dependent on databases have reported that they believe some aspect of the data they hold is FLAWED. The average proportion of departmental budgets lost from bad data is 15%! 15% Most think this is more than a quarter... 1/4 83% of respondents BUT TWO-THIRDS of to our survey said that they have a customer loyalty programme. those companies have seen inaccurate data DAMAGING their customer loyalty programmes! LIBERATE LOST BUD9ETS! INVESIMENT IN IMPROVINS DATA ACCURACY HAS THE POHER 10 MORE THAN COMPENSA TE FOR THE EFFECTS OF AUSTERITY. 90% of companies Worldwide, the average increase in profits was almost £1 MILLION PER YEAR.* that INVESTED in better data quality saw their PROFITS INCREASE "Over £940,000. last year. MANY BUSINESSES ARE ALREADY JOININ9 IN THE DA TA ACCURACY REVOLUTION. AMONS RESPONDENTS... ESO0,00 BEO Shes Small Companies: investing an average of more than Medium Companies: investing an average of over £245,000 per year in data accuracy. £140,000 per year in data accuracy. Large Companies: investing an average of more than £500,000 per year in data accuracy. PROGRESS! FORWARD! HUMAN ERROR IS THE BI99EST CAUSE OF INACCURACY..BUT TOO MANY COMPANIES ARE USINS THE SAME METHODS TO FIX IT! 57% of data inaccuracy is found to come from human error. Nearly two-third of companies have set targets for correcting bad data. 15% of them have set 100% data accuracy as their target. BUT as recognition of the data inaccuracy problem grows, many companies are relying on those very humans to solve it. SIN9LE CUSTOMER VIEN Manual analysis of response rates: 2011 - 40% 82% of companies have SCV as an objective 82% 2012 - 45% 62% are actively working towards it. 62% Manual checking of databases for accuracy: 21%) Just over a fifth (21%) think they are there. 2011 – 24% Only 8% report having a successful SCV strategy in place. 8% 2012 - 27% 愿 愿 JOIN THE DATA QUALITY REVOLUTION NOW! DExperian All data used in this infographic is drawn from "Global Data Quality Research 2012", an independent QAS market research report commissioned by QAS and produced by Dynamic Markets. %68