Significance Of Data Quality For Businesses

Significance of Data Quality for Businesses Good data has the following qualities Accurate Complete Reliable Timely Relevant Businesses need good-quality data to • Reduce risk in decision making • Make decisions confidently and avoid guesswork Enhance competitive advantage Gain insights to support • Boost productivity and revenue • Improve relationships with customers and partners • Provide better services and products • Drive compliance • Reduce threat of reputational customer needs • Stay competitive • Take advantage of opportunities damage CREATED BY M S Managed Outsource Solutions Solutions and Beyond www.managedoutsource.com