Get the E-Commerce Minute Newsletter from the E-Commerce Times » View Sample | Subscribe
Welcome Guest | Sign In
ECTNews.com
Digital River - Talk to the Experts
E-Commerce Times TechNewsWorld CRM Buyer LinuxInsider
Discussions

CRM Buyer Talkback

 
ECT News Community   »   CRM Buyer Talkback   »   Re: The Dangers of Bad Data



Re: The Dangers of Bad Data
Posted by: Brian R. Hook 2006-08-27 13:14:23
See Full Story

If bad data is put into a data warehouse, companies risk what Tony Fisher, president and general manager at DataFlux, described as "code, load and explode." "If the data from a source system doesn't meet the expected qualities for that data, the loading process may fail, causing the company to stop the load process and try again," Fisher said, which leads to implementations that exceed time schedules and budgets.


Re: The Dangers of Bad Data
Posted by: Chungarisk 2012-08-01 01:02:50 In reply to: Brian R. Hook
“Twentieth century systems are failing to manage 21st century risks; we need new networked systems to identify and address global risks before they become global crises,” said Robert Greenhill, Managing Director and Chief Business Officer at the World Economic Forum.

In my recent risk survey on LinkedIn, only 26% of the respondents said they have no problems with the data in their systems. Does that mean that 74% of corporate risk reports and a large number of regulatory compliance calculations are sucked out of useless data of varied degrees? The quantity of data is often so impressive that people forget that the underlying quality might be bad. (Or is confirmed bad like the 74% of recent survey respondents)

We have been talking about data issues since 2003, but nobody is fixing the quality problems.
Jump to:
If my employer requires me to return to the company's office full-time to perform my job, I will...
Agree, because I like my job regardless of where I perform my duties.
Comply, because I can't afford to lose my current job.
Go with the flow, but start looking for different employment.
Resign immediately, so I can dedicate all of my time to find a job that better suits my needs.
Try to negotiate a hybrid work from home / work in office arrangement with my employer.