There’s no denying that data quality is of paramount importance. A study by McKinsey established that organizations utilizing high-quality data are likely to make 19 times more profit than the organizations that aren’t data-driven. Now, that’s a statistic you cannot ignore. If your goal is to stay on top of…
From the 80s to throughout the 90s, when people began experimenting with the thought of adding sensors along with intelligence to objects, no one could’ve guessed the impact IoT would go on to have on the future. Whether it’s Artificial intelligence, supply chain management, or healthcare center – today, people…
Data management is an integral part of maintaining business operations. Yet, only 3% of the organizations meet the quality standards! It is why businesses try to implement a data quality checklist for proper management. So, have you been trying to find a way to mend the gap existing between your…
According to a survey, bad data can cost businesses an annual sum of $3.1 trillion in the US alone. Your business contributes to that if you spend countless hours trying to determine the right value of your stored data. On average, your business will waste 50% of the time to…
Advancements in data analytics have entirely revolutionized the banking industry. Today, banks and financial institutions can easily access massive amounts of data, and within these data lies the keys to effective branching strategies, compliance automation, and an in-depth understanding of your customers. Thanks to advanced visualization tools and artificial intelligence…
