Business Impact of Bad Data

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The connected world is piping in data from all over, leading to a surge in data volumes. Its good to accumulate a lot of data but its futile to just do that. What is more critical is to understand what that data is trying to tell you. Whether one is able to depict trends & patterns from the information surrounding them. Question is - Can you trust your data to take those fact-based strategic decisions? Can your data help you steer your organizations forward?

Tecnologia

Business Impact of Bad Data
Jaydeep Deshpande
Marketing Manager
SAS Institute (India) Pvt. Ltd.

Copyright © 2010 SAS Institute Inc. All rights reserved.

Jaydeep Jaydeep
Deshpande Girish
Deshpande

Jaideep Jagdeep Jaydeep
Deshpande Deshpande Despande

Jaydeep JG
Deshpandey Deshpande

• Is this the same person?
• Are these different people?
• How sure are you?
2

Copyright © 2010, SAS Institute Inc. All rights reserved.

Global Challenge

“Strategies of yesterday may no longer work today.”

3

Copyright © 2010, SAS Institute Inc. All rights reserved.

Information Explosion

4

Copyright © 2010, SAS Institute Inc. All rights reserved.

Information Revolution
Digital Information Doubling Rate

2005 1100 days

5

Copyright © 2010, SAS Institute Inc. All rights reserved.

Information Revolution
Digital Information Doubling Rate

2005 1100 days

2007 11 months

6

Copyright © 2010, SAS Institute Inc. All rights reserved.

Information Revolution
Digital Information Doubling Rate

2005 1100 days

2007 11 months

2011 11 hours

7

Copyright © 2010, SAS Institute Inc. All rights reserved.

Information Revolution

“The data deluge is such that human
beings can no longer be expected to
spot patterns in the data.”
“Nor can they grasp the size and
complexity of one database and see
how it relates to another.”

8

Copyright © 2010, SAS Institute Inc. All rights reserved.

Trend: Information Overload
Study: 1009 Managers (US & UK $500M+)

42% “Too much information”
44% “Other departments not forthcoming with data”
39% “Can’t figure out which information is current”
38% “Need to weed out duplicate information”
21% “Don’t understand the value of the information”

`

9

Copyright © 2010, SAS Institute Inc. All rights reserved.

Data That is Most Suspect
What types of data are most susceptible to quality problems in your organization ?

10

Copyright © 2010, SAS Institute Inc. All rights reserved.

Questioning the Data

“What happened?”

“Where exactly is the problem?”

“What if these trends continue?”

“How many, how often, where?”

“What’s the best that can happen?”

“What will happen next?”

“What actions are needed?”

“Why is this happening?” 11

Copyright © 2010, SAS Institute Inc. All rights reserved.

Business Impacts of Poor Data Quality
• Reduced customer satisfaction
• Inaccurate or non-existent reporting (sales, profitability,
inventory)
• Reduced productivity
• Excess inventory or stock outs
• Inaccurate billing and invoicing
• Inaccurate margins on products
• Incorrect commission payments
• Delays in product launch (inability to ship or sell at launch)
• Lost sales (inability to ship or sell)
12

Copyright © 2010, SAS Institute Inc. All rights reserved.

What is Poor Data Costing My
Business?
Which data integrity issues are the highest impact from a
business perspective (Revenue, costs, risk?)

– Revenue:
• What is the loss from failed business transactions due data issues?
• How quickly can we respond to business opportunities?

– Costs:
• How has throughput suffered due to errors?
• What percentage of time has been lost in scrap and re-work?

– Risk:
• How is poor data increasing risk? (Compliance, project failure, etc.)
• Can your organization effectively perform mergers and acquisitions (M&A)?

13

Copyright © 2010, SAS Institute Inc. All rights reserved.

What Makes Data Credible?

Accuracy • Is it realistic or believable?

Integrity • Is it structured and managed?

• Is it consistently defined and
Consistency maintained?

• Is the data valid based on business
Validity or industry rules and standards?

• Is it from known sources and in the
Reliability form that the users understand?
14

Copyright © 2010, SAS Institute Inc. All rights reserved.

Data is the strongest competitive weapon in
the hands of the organization, provided it is
understood correctly & used appropriately

15

Copyright © 2010, SAS Institute Inc. All rights reserved.

Is data quality impacting your business
performance?
Jaydeep
Deshpande Jaydeep Girish
Deshpande

Jagdeep Imagine the amount, organizations
Jaideep Deshpande Deshpande may spend if they reach out to the
same person, due to poor data
quality!

Jaydeep Deshpandey Jaydeep Despande

J G Deshpande

Lets untangle… 16

Copyright © 2010, SAS Institute Inc. All rights reserved.

Copyright © 2010 SAS Institute Inc. All rights reserved.

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The Raspberry Pi 5 was announced on October 2023. This new version of the popular embedded device comes with a new iteration of Broadcom’s VideoCore GPU platform, and was released with a fully open source driver stack, developed by Igalia. The presentation will discuss some of the major changes required to support this new Video Core iteration, the challenges we faced in the process and the solutions we provided in order to deliver conformant OpenGL ES and Vulkan drivers. The talk will also cover the next steps for the open source Raspberry Pi 5 graphics stack. (c) Embedded Open Source Summit 2024 April 16-18, 2024 Seattle, Washington (US) https://events.linuxfoundation.org/embedded-open-source-summit/ https://eoss24.sched.com/event/1aBEx

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With more memory available, system performance of three Dell devices increased, which can translate to a better user experience Conclusion When your system has plenty of RAM to meet your needs, you can efficiently access the applications and data you need to finish projects and to-do lists without sacrificing time and focus. Our test results show that with more memory available, three Dell PCs delivered better performance and took less time to complete the Procyon Office Productivity benchmark. These advantages translate to users being able to complete workflows more quickly and multitask more easily. Whether you need the mobility of the Latitude 5440, the creative capabilities of the Precision 3470, or the high performance of the OptiPlex Tower Plus 7010, configuring your system with more RAM can help keep processes running smoothly, enabling you to do more without compromising performance.

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Business Impact of Bad Data

2. Jaydeep Jaydeep Deshpande Girish Deshpande Jaideep Jagdeep Jaydeep Deshpande Deshpande Despande Jaydeep JG Deshpandey Deshpande • Is this the same person? • Are these different people? • How sure are you? 2 Copyright © 2010, SAS Institute Inc. All rights reserved.

8. Information Revolution “The data deluge is such that human beings can no longer be expected to spot patterns in the data.” “Nor can they grasp the size and complexity of one database and see how it relates to another.” 8 Copyright © 2010, SAS Institute Inc. All rights reserved.

9. Trend: Information Overload Study: 1009 Managers (US & UK $500M+) 42% “Too much information” 44% “Other departments not forthcoming with data” 39% “Can’t figure out which information is current” 38% “Need to weed out duplicate information” 21% “Don’t understand the value of the information” ` 9 Copyright © 2010, SAS Institute Inc. All rights reserved.

11. Questioning the Data “What happened?” “Where exactly is the problem?” “What if these trends continue?” “How many, how often, where?” “What’s the best that can happen?” “What will happen next?” “What actions are needed?” “Why is this happening?” 11 Copyright © 2010, SAS Institute Inc. All rights reserved.

12. Business Impacts of Poor Data Quality • Reduced customer satisfaction • Inaccurate or non-existent reporting (sales, profitability, inventory) • Reduced productivity • Excess inventory or stock outs • Inaccurate billing and invoicing • Inaccurate margins on products • Incorrect commission payments • Delays in product launch (inability to ship or sell at launch) • Lost sales (inability to ship or sell) 12 Copyright © 2010, SAS Institute Inc. All rights reserved.

13. What is Poor Data Costing My Business? Which data integrity issues are the highest impact from a business perspective (Revenue, costs, risk?) – Revenue: • What is the loss from failed business transactions due data issues? • How quickly can we respond to business opportunities? – Costs: • How has throughput suffered due to errors? • What percentage of time has been lost in scrap and re-work? – Risk: • How is poor data increasing risk? (Compliance, project failure, etc.) • Can your organization effectively perform mergers and acquisitions (M&A)? 13 Copyright © 2010, SAS Institute Inc. All rights reserved.

14. What Makes Data Credible? Accuracy • Is it realistic or believable? Integrity • Is it structured and managed? • Is it consistently defined and Consistency maintained? • Is the data valid based on business Validity or industry rules and standards? • Is it from known sources and in the Reliability form that the users understand? 14 Copyright © 2010, SAS Institute Inc. All rights reserved.

16. Is data quality impacting your business performance? Jaydeep Deshpande Jaydeep Girish Deshpande Jagdeep Imagine the amount, organizations Jaideep Deshpande Deshpande may spend if they reach out to the same person, due to poor data quality! Jaydeep Deshpandey Jaydeep Despande J G Deshpande Lets untangle… 16 Copyright © 2010, SAS Institute Inc. All rights reserved.

Business Impact of Bad Data

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