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Improving the manageability of corporate data by 10% each year would enable companies to increase total sales by $55,900 per employee.
Companies that improve the accessibility and usability of corporate data for employees can increase return-on-equity by 16%.
Making data available to sales professionals outside the office can increase the average Fortune 1000 company's net income by $5.4 million per year.
A 10% increase in the usability of data by mobile employees would result in a "significant increase in the productivity of the firm." Companies that fail to make data accessible, understandable, and easy to manipulate while mobile are experiencing productivity losses.
Sales per employee in the retail sector would jump 49% with "a 10% improvement in data usability."
Consultants would enjoy a 39% gain in sales per employee with better data usability.
The average telecommunications company would experience increased sales of more than $9,600 per employee upon increasing data usability by 10%.
The average consulting firm would see a $5,000 increase in sales per employee after making data 10% more usable.
Increasing intelligence and remote access to data by 10% can help the average insurance firm improve return-on-assets by a whopping 42%, easily besting other industries.
The average commercial bank can improve return-on-assets by 32% by implementing a 10% increase in data intelligence and accessibility.
The University of Texas at Austin researchers find that "the cost of increasing effective data is relatively minor compared to the resulting substantial returns."
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