3 Ways To Minimize The Cost Of Data Collection And Analysis
Nutanix News, March 17th, 2020
March 17, 2020,
Volume 264, Issue 3
Bad data. It's incomplete, incorrect, poorly segmented or miscategorized information.
"It prevents companies from carrying out operations, delivering good customer service and implementing their strategies. It can wreak havoc. An article from the MIT Sloan Management Review estimated that bad data costs companies as much as 15% to 25% of their revenue.
Eliminating the costs of gathering, storing, accessing, sorting and analyzing data is not too difficult, according to the MIT report. Paying attention to how information is collected and processed in the organization goes a long way towards streamlining production, sales and customer service..."
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