CIOs Declare War on Dirty Data

CIOs Declare War on Dirty Data

CIOs Declare War on Dirty DataCIOs Declare War on Dirty Data

Inaccurate data, also called dirt data, can muddle a business’ view of its customers and processes, and better data management is needed to address the challenge.

Pain PointPain Point

92% of CIOs have experienced problems as a result of poor data quality.

Costly MistakesCostly Mistakes

Organizations have spent, on average, $491,279 to improve inaccurate data over the past year.

Reversal of FortuneReversal of Fortune

68% of CIOs now describe the quality of their organization’s data as “excellent, with no room for improvement,” in light of improvements made.

Actionable AssetActionable Asset

54% now view their data quality as a strategic asset to the business, and 25% say they see the potential to monetize high quality data in the future.

Data Management Challenges, Part IData Management Challenges, Part I

46% say data-quality issue resolution remains a top data management challenge, and 38% struggle with the increasing volume of data.

Data Management Challenges, Part IIData Management Challenges, Part II

37% indicate that the increasing variety of data presents significant data management challenges, while 36% cite workflow tracking.

Heavy Plate: Fiscal ResponsibilitiesHeavy Plate: Fiscal Responsibilities

74% say their overall duties related to IT budgeting have increased within the last 12 months, and 54% say they’re devoting more time to salary matters these days.

Heavy Plate: Clock ManagementHeavy Plate: Clock Management

53% say they’re putting in more working hours than they did a year ago, and 46% are feeling more personal stress while on the job.

Heavy Plate: Information OverloadHeavy Plate: Information Overload

51% say their data management role has increased within the last 12 months, with 48% feeling more pressure to deliver higher quality data to the business side. Nearly half feel more pressure to provide this data faster to business teams.

Critical ContributorCritical Contributor

49% say they feel the value that they bring to their organization has increased over the last year.

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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