Monday, April 16, 2007

'Dirty Data' is a Business Problem, Not an IT Problem

Over the next two years, more than 25 percent of critical data in Fortune 1000 companies will continue to be flawed, that is, the information will be inaccurate, incomplete or duplicated, according to research and advisory firm Gartner, Inc. Gartner expects that three-quarters of large enterprises will make little to no progress towards improving data quality until 2010. To gain competitive advantage from information, organisations need to identify ‘data stewards’ in the business and manage information as a corporate asset.

Speaking at the company’s inaugural Business Intelligence and Information Management Summit in Sydney this week, Gartner Research vice president Andreas Bitterer said that “dirty data” or poor data quality is an often-overlooked business issue and it can have a large negative impact on a business.

'Dirty Data' is a Business Problem, Not an IT Problem

Labels: Austrailia, European Basel Accords, Privacy Act, sarbanes oxley

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