Poor data can cost businesses 20%?35% of their operating revenue.



Stat:

Stat Categories: Big Data / Business Intelligence Stats

Tags:

Years:

Stat Source: InsightSquared infographic

Publisher (site that mentioned this stat): Fathom Delivers

Submitted By: Michael Raeford

Related Categories: None


Share on:

Related Stats / Figures


Stat Data / Info Details
94% of Hadoop users perform analytics on large volumes of data not possible before; 88%... See Full Stat Info
According to Twitter?s own research in early 2012, it sees roughly 175 million tweets e... See Full Stat Info
30 Billion pieces of content shared on Facebook every month. See Full Stat Info
Poor data or ?lack of understanding the data? are cited as the #1 reasons for overrunni... See Full Stat Info
Poor data can cost businesses 20%?35% of their operating revenue. See Full Stat Info
Brands and organizations on Facebook receive 34,722 Likes every minute of the day. See Full Stat Info
A quarter of decision-makers surveyed predict that data volumes in their companies will... See Full Stat Info
Walmart handles more than 1 million customer transactions every hour, which is imported... 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
Akamai analyzes 75 million events per day to better target advertisements. See Full Stat Info
Data production will be 44 times greater in 2020 than it was in 2009. See Full Stat Info
Decoding the?human genome?originally took 10 years to process; now it can be achieved i... See Full Stat Info
More than 5 billion people are calling, texting, tweeting and browsing on mobile phones... See Full Stat Info
29 percent report that their marketing departments have ?too little or no customer/cons... See Full Stat Info
Three-quarters of decision-makers (76 per cent) surveyed anticipate significant impacts... See Full Stat Info
Bad data or poor data quality costs US businesses $600 billion annually. See Full Stat Info
According to estimates, the volume of business data worldwide, across all companies, do... See Full Stat Info
Big data is a top business priority and drives enormous opportunity for business improv... See Full Stat Info
2.7 Zetabytes of data exist in the digital universe today. See Full Stat Info
Poor data across businesses and the government costs the U.S. economy $3.1 trillion dol... See Full Stat Info
In the developed economies of Europe, government administrators could save more than ?1... 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
If an average Fortune 1000 company can increase the usability of its data by just 10%, ... See Full Stat Info
Market research firm IDC has released a new forecast that shows the big data market is ... 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