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Data, an organization’s intellectual asset, must be treated and regularly enriched to remain useful and valuable. Over 80% of companies we’ve worked with, — including Fortune 500 organizations — recorded up to 50% growth in sales and customer satisfaction as one of the many benefits of data enrichment. Those that enriched data in line with a company-wide data management plan recorded a 2X increase in ROI.
Poor address data is a complex data quality challenge that affects customers, businesses, and mailing service. Each year, millions of dollars get wasted in resolving the consequences of poor address data. Mailers spend over $20 billion on UAA mail, while direct costs to the USPS is over $1.5 billion/year. All this unnecessary cost is the result of poor, mismanaged, invalidated address data.
Over the years, working…Continue
Mergers & acquisitions happen when companies believe they are more valuable together than when operating separately. The companies join workforces, systems, infrastructure, and data to become a new, more powerful, more valuable, more effective entity. That is only until they realized they overlooked or underestimated the key issues with data, IT infrastructure & integration plans. In fact, most merger and acquisition plans fail miserably because of data…Continue
Chance are you’re aiming to invest in a BI and analytics program to capitalize on the big data your company has been acquiring over the years. But before you spend millions on opting for expensive BI programs, take a step back and ask yourself three questions:
A, ‘No’ to these questions indicates that you need to optimize…Continue