How much does bad data cost your company?

✍ Scribed by Lynn Jankovsky; Julie Grimme

• Publisher: John Wiley and Sons
• Year: 2003
• Tongue: English
• Weight: 55 KB
• Volume: 14
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.10208

✦ Synopsis

Abstract

A recent project at Motorola that addressed the cost of bad data accomplished several important goals. Among
these, the project identified the cost of bad data for a certain data element and then calculated the percentage
of cost of the element in terms of total cost. This contributed to the knowledge of reducing cost by understanding
the cost drivers; it also helped managers in prioritization, resource management, and implementation of
enterprisewide systems. © 2003 Wiley Periodicals, Inc.