Bad data or poor data quality costs US businesses $600 billion annually.
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Stat Categories: Big Data / Business Intelligence Stats
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Stat Source: InsightSquared infographic 
Publisher (site that mentioned this stat): Fathom Delivers
Submitted By: Michael Raeford
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Related Stats / Figures
| Stat Data / Info | Details |
|---|---|
| Bad data or poor data quality costs US businesses $600 billion annually. | See Full Stat Info |
| YouTube users upload 48 hours of new video every minute of the day. | 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 |
| According to execs, the influx of data is putting a strain on IT infrastructure. 55 per... | 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 |
| Brands and organizations on Facebook receive 34,722 Likes every minute of the day. | See Full Stat Info |
| According to Twitter?s own research in early 2012, it sees roughly 175 million tweets e... | See Full Stat Info |
| 100 terabytes of data uploaded daily to Facebook. | See Full Stat Info |
| Walmart handles more than 1 million customer transactions every hour, which is imported... | See Full Stat Info |
| If an average Fortune 1000 company can increase the usability of its data by just 10%, ... | See Full Stat Info |
| Poor data can cost businesses 20%?35% of their operating revenue. | See Full Stat Info |
| 571 new websites are created every minute of the day. | See Full Stat Info |
| 29 percent report that their marketing departments have ?too little or no customer/cons... | See Full Stat Info |
| 235 Terabytes of data has been collected by the U.S. Library of Congress in April 2011. | See Full Stat Info |
| 94% of Hadoop users perform analytics on large volumes of data not possible before; 88%... | See Full Stat Info |
| According to estimates, the volume of business data worldwide, across all companies, do... | See Full Stat Info |
| Facebook stores, accesses, and analyzes 30+ Petabytes of user generated data. | See Full Stat Info |
| 30 Billion pieces of content shared on Facebook every month. | See Full Stat Info |
| In late 2011,?IDC Digital Universe published a report indicating that some 1.8 zettabyt... | See Full Stat Info |
| In that same survey, by a small but noticeable margin, executives at small companies (f... | See Full Stat Info |
| In 2008,?Google was processing 20,000 terabytes of data (20 petabytes) a day. | See Full Stat Info |
| 40% projected growth in global data generated per year vs. 5% growth in global IT spend... | See Full Stat Info |
| More than 5 billion people are calling, texting, tweeting and browsing on mobile phones... | See Full Stat Info |
| Data production will be 44 times greater in 2020 than it was in 2009. | See Full Stat Info |
| Akamai analyzes 75 million events per day to better target advertisements. | See Full Stat Info |
| Poor data or ?lack of understanding the data? are cited as the #1 reasons for overrunni... | See Full Stat Info |
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