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Data Quality in Your Business

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The Significance of Data Quality in Your Business   Change is the only constant thing in life. Everything around us changes and so does the Data you use for business entailing contact phone numbers, email addresses, and so on. Data used by you maybe a month ago become obsolete quickly and the requirement of new data arises for better decision-making. In such cases, you need to keep a track of your data by a thorough analysis that removes bias and uses historical data to create actionable recommendations and predictions for the future. This process of keeping a track of data and updating the changing data referred to as Data Quality Management. Maintaining the data quality of your business is unquestionably important to stay competitive in an increasingly digital landscape. It has been also studied that poor quality of data can cost a business $9.7 million annually. Poor quality of data results in a 20% decrease in employees’ productivity and explains why 40%-42% of business initiat

Business Solutions through Business Information Industry

Business Solution ranges from business intelligence to business information to business processes. This provides reporting analytical techniques, data mining tools, process mining, benchmarking, contact data points etc. Business solutions begin with getting the right kind of information to address sales and marketing needs apart from the expertise of the knowledge force. Business Solution is the most important thing for companies depending upon B2B Sales for growth.   The aspect of Business information is still in its nascent stage but is developing and maturing a t a very fast pace. There are a number of organizations that are actually stepping into this field and improving fast for a larger market share or to establish themselves as the better player in the industry. The organizations are differentiating on the basis of mode of delivery, pricing, kind of clientele, kind of packaging, data points, detail information and CRM. Business Information can be defined as a boutique of s