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.
Added by Farah Kim on July 8, 2020 at 8:00pm — No Comments
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
Added by Farah Kim on June 5, 2020 at 1:54am — No Comments
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
Added by Farah Kim on May 26, 2020 at 8:30pm — No Comments
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
Added by Farah Kim on May 7, 2020 at 7:30pm — No Comments
What’s the #1 enemy to profitable machine learning, AI & data-driven initiatives?
And who has had data on their agenda for a decade but are still not deeply involved in data projects?
In a 2019 Deloitte survey, 63% of…Continue
Added by Farah Kim on May 6, 2020 at 4:00am — No Comments