Business Intelligence Slideshow: Business Intelligence: Using Data Effectively

By Don Reisinger  |  Posted 10-07-2010

What is Improved Data Effectiveness?

• data quality• intelligence• usability• remote accessibility• sales mobility

What is Improved Data Effectiveness?

New Products

Improving data effectiveness by 10 percent enables the average Fortune 1000 firm to create new products that can increase revenue by $17 million.

New Products

New Customers

Improving data intelligence and accessibility by 10 percent enables the average Fortune 1000 company to add new customers for a $14.7 million increase in revenue.

New Customers

Industries in Need of Improvement

The petroleum sector stands to gain the most from improved data accessibility and intelligence that facilitates the introduction of new products. The average firm generates more than $250 million after data improvement is made.

Industries in Need of Improvement

Industries in Need of Improvement

Retail companies can generate close to $250 million through new products that result from a 10 percent improvement in data effectiveness.

Industries in Need of Improvement

More Revenue

Over the course of five years, companies could stand to gain $56 million in revenue from new customers by increasing data effectiveness.

More Revenue

Industry Dollars

The average petroleum company could generate more than $200 million in additional revenue through the acquisition of new customers if it improves its data effectiveness by 10 percent.

Industry Dollars

Industry Dollars

Telecommunications companies can generate nearly $200 million from the new customers that would result from a 10 percent improvement in data accessibility and intelligence.

Industry Dollars

Sales Gains

Improving data intelligence by 10 percent results in a sales gain of 1.51 percent for niche products and services.

Sales Gains