Data Quality Blog

http://blog.naveego.com

Salesforce Users Don't Trust Their Data

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Salesforce is one of the most widely used CRM solutions in the planet. From the top executive in the company to the entry-level data analyst in the back room, Salesforce is the glue that holds the many aspects of a company together, tying together a diverse parts of the organization, like marketing, accounting, and sales, through data insights and reporting. But a recent report cited by Business Wire suggests that Salesforce users are less than confident in their data quality - and their confidence in Salesforce itself is suffering.

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When We Talk Data Quality, We Need to Talk About Waste

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When we discuss data quality, what we really need to be talking about is waste. The reality is that poor data generates an inordinate amount of physical and abstract waste in any organization, and it does this in a myriad of ways. It’s important to keep in mind the negative impact poor data has on your business, even if you haven’t thought of its impact in these general terms before. Here are a few ways to think about waste associated with data quality that you may have not considered.

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Naveego Secures Financing Round to Expand Global Reach and Capitalize on the Multi-Billion Dollar Data Quality Market

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Disruptive Data Quality Provider Delivers Information Assurance as 84 Percent of CEOs Are Concerned about the Quality of Data to Make Strategic Business Decisions Traverse City, MI – July 25, 2017 – Naveego, an emerging leader of cloud-based Data Quality and Master Data Management (MDM) solutions, announced today it has secured half a million dollars in a financing round from Boomerang-Catapult and strategic investor Casey Cowell, co-founder of U.S. Robotics. The company will make use of the funding to drive continued product innovation and global expansion as it capitalizes on the rapidly growing multi-billion dollar Data Quality Tools market.

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Data Quality Industry Report

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The latest Research and Markets report on the direction on the data quality market was recently released. The report suggests that the data quality tools market size will increase from $610 million in 2017 to $1.3 billion in 2022. The in-depth report tells us quite a bit about the projected growth of the industry, as well as some reasons for the explosion in data production on behalf of consumers and businesses.

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Three Reasons to Get a Data Quality Consultation Today

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If we were to guess, your Outlook calendar is likely already full for the foreseeable future. As an individual in a strategically important role, your time is taken up managing people or processes, and it many cases, both. But putting off addressing your data quality issues is detrimental to your business, and it’s high-time to block off some time in your schedule in order to find out exactly what your poor data is doing to your people, your processes, and your bottom line.

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Who Would Benefit from a Data Quality Solution?

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Who is a Data Quality Solution For? On our blog, we often discuss the benefits of using a data quality solution to help businesses use better data to make smarter decisions to run their businesses. We use this example because it paints the clearest picture of the benefits of utilizing a data quality solution. But if we’re leading readers to believe that you have to be at the C-level in order to get the most out of our data quality solution, we’re very much leading you astray. The fact is that so many different roles within business could find immediate and profound positives from a data quality solution.

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Data Quality Disrupting Oil and Gas Industry

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Oil and Gas Goes High-Tech When you think of the oil and natural gas industry, you might think of windswept prairie and pump-jacks before you think of cloud computing. But you might be surprised to learn just how much investment is made on data processing, storage, and analysis within the industry. To provide some reference, the oil and gas industry spent over $700 million on high-speed computing alone in 2014, according to a report by IDC.

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Data as a Competitive Advantage in Business

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Data Quality and Decision Making Data quality is quickly becoming a high priority for many businesses in a variety of industries. But it’s important to realize that the objective of clean data isn’t just to tick a box at a quarterly meeting. The implications of having clean, reliable and accessible data reach far outside any conference room or goal list on a whiteboard. The reality is that your data, whether clean or otherwise, likely affects nearly every aspect of your business - from the C-level to the mailroom, and most especially your bottom line.

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Skills Gap in Data Quality A Major Challenge for Businesses

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Lack of Data Quality Expertise an Issue for Businesses As the amount of data created by businesses and their consumers increases, the need to organize and comprehend this data in a meaningful way increases as well. Unfortunately for many companies, in-house data quality expertise is expensive to hire or develop internally, while time and money are certainly highly-prized commodities for any sized company. According to a report from Forbes, 27% of the 300 Senior Executives at companies in North America, Britain and Ireland reported that the data quality skills gap was a major roadblock to their data and business analytics efforts.

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