CIOs Declare War on Dirty Data

CIOs 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.

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

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

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

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.

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

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

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.

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.

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.

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