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Poor data quality costs businesses money.
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SUPPORTED
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9 sources for · 0 against
Is it true that poor data quality costs businesses money?
Yes. Several sources state directly that poor data quality imposes significant costs on businesses, including estimates that data quality problems cost U.S. businesses hundreds of billions of dollars annually. Other items describe broader organizational harms from poor data quality without quantifying the monetary cost.
Verdict: SUPPORTED · 9 sources for, 0 against · Last checked
Evidence for · 9
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Quality costs. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Quality_costs
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More for · 8
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Batini, C. & Scannapieco, M. (2006). Data Quality. play.google.com. https://play.google.com/store/books/details?id=SULMBFgtwQoC&source=gbs_api
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Anders, H. (2011). The costs of poor data quality. hdl.handle.net. http://hdl.handle.net/10419/188448
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Sadiq, S. (2013). Handbook of Data Quality. play.google.com. https://play.google.com/store/books/details?id=da-9BAAAQBAJ&source=gbs_api
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Prasad, A. (2024). Impact of Poor Data Quality on Business Performance: Challenges, Costs, and Solutions. doi.org. https://doi.org/10.2139/ssrn.4843991
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McGilvray, D. (2008). Executing Data Quality Projects. play.google.com. https://play.google.com/store/books/details?id=55Af6R1I5RMC&source=gbs_api
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Corporate Data Quality Management: Towards a Meta-Framework. (2011). doi.org. https://doi.org/10.1109/icmss.2011.5999365
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Discovering data quality rules in a master data management context. (2013). hal.science. https://hal.science/hal-01458835v1
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Measuring Manufacturing Test Data Analysis Quality. (2018). doi.org. https://doi.org/10.1109/autest.2018.8532518
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