Poor data can cost businesses 20%?35% of their operating revenue.
Stat:
Stat Categories: Big Data / Business Intelligence Stats
Tags: big data big data,analytics big data,analytics,business intelligence
Years:
Stat Source: FathomDelivers.com 
Publisher (site that mentioned this stat): Wikibon.org
Submitted By: Michael Raeford
Related Categories: None
Share on:
Related Stats / Figures
| Stat Data / Info | Details |
|---|---|
| 2.7 Zetabytes of data exist in the digital universe today. | See Full Stat Info |
| Big data is a top business priority and drives enormous opportunity for business improv... | See Full Stat Info |
| If an average Fortune 1000 company can increase the usability of its data by just 10%, ... | See Full Stat Info |
| 40% projected growth in global data generated per year vs. 5% growth in global IT spend... | See Full Stat Info |
| In other words, ?the amount of data in the world today is equal to: Every person in the... | See Full Stat Info |
| In the developed economies of Europe, government administrators could save more than ?1... | See Full Stat Info |
| Data production will be 44 times greater in 2020 than it was in 2009. | See Full Stat Info |
| Poor data can cost businesses 20%?35% of their operating revenue. | See Full Stat Info |
| Bad data or poor data quality costs US businesses $600 billion annually. | See Full Stat Info |
| A quarter of decision-makers surveyed predict that data volumes in their companies will... | See Full Stat Info |
| Poor data can cost businesses 20%?35% of their operating revenue. | See Full Stat Info |
| According to execs, the influx of data is putting a strain on IT infrastructure. 55 per... | See Full Stat Info |
| The largest AT&T database boasts titles including the largest volume of data in one uni... | See Full Stat Info |
| Akamai analyzes 75 million events per day to better target advertisements. | See Full Stat Info |
| Brands and organizations on Facebook receive 34,722 Likes every minute of the day. | See Full Stat Info |
| 94% of Hadoop users perform analytics on large volumes of data not possible before; 88%... | See Full Stat Info |
| Poor data across businesses and the government costs the U.S. economy $3.1 trillion dol... | See Full Stat Info |
| The Obama administration is investing $200 million in big data research projects. | See Full Stat Info |
| As recently as 2009 there were only a handful of big data projects and total industry r... | See Full Stat Info |
| Poor data or ?lack of understanding the data? are cited as the #1 reasons for overrunni... | See Full Stat Info |
| According to estimates, the volume of business data worldwide, across all companies, do... | See Full Stat Info |
| Bad data or poor data quality costs US businesses $600 billion annually. | See Full Stat Info |
| In that same survey, by a small but noticeable margin, executives at small companies (f... | See Full Stat Info |
| 14.9 percent of marketers polled in Crain?s BtoB Magazine?are still wondering ?What is ... | See Full Stat Info |
| 29 percent report that their marketing departments have ?too little or no customer/cons... | See Full Stat Info |
| 140,000 to 190,000.?Too few people with deep analytical skills to fill the demand of Bi... | See Full Stat Info |
News / Press / Blogs Mentioning This Stat
There are no news articles listed.
Market Research Reports Mentioning / Related to this Stat / Figure
There are no reports listed.
Comment on this Stat
Edit | Back