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Building a Tangible ROI for Data Quality

Building a Tangible ROI for Data Quality
Published 03 November 2010 | By Trillium Software

This white paper will answer the questions “What data quality metrics should I be tracking?” and “Where do I find an ROI for my data quality efforts?”. While many soft benefits can be attributed to better data quality, organisations with mature data quality initiatives in place have quantified benefits that have been reflected on their organisations’ top and bottom line. Each industry, each project, each organization has different goals, business metrics, and considerations that may impact a resulting return on investment. By quantifying the impact of data quality processing, in a methodical way, you will be able to measure the impact of your efforts and the value you are providing as well as establishing a tangible return on investment.

This white paper will answer the questions “What data quality metrics should I be tracking?” and “Where do I find an ROI for my data quality efforts?”. While many soft benefits can be attributed to better data quality, organisations with mature data quality initiatives in place have quantified benefits that have been reflected on their organisations’ top and bottom line. Each industry, each project, each organization has different goals, business metrics, and considerations that may impact a resulting return on investment. By quantifying the impact of data quality processing, in a methodical way, you will be able to measure the impact of your efforts and the value you are providing as well as establishing a tangible return on investment.

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