Experian Data Quality, a leading provider of data quality software and services, today announced that it has been positioned as a Challenger in the Gartner Magic Quadrant for Data Quality Tools 2015 report based on Experian’s completeness of vision and ability to execute.
Data is one of the most significant assets that organizations consider when formulating a strategy. Organizations use data analytics to improve the customer experience, drive efficiencies and enhance strategic decision making. Businesses are also starting to monetize data assets. However, a large number also are finding errors in their first-party data.
“Data has become a board-level issue. Information assets can increase or decrease profits based on the data quality and the organization’s ability to use that information,” said Jonathan Hulford-Funnell, global managing director, Experian Data Quality. “Ourown research shows an overall lack of trust in data today, with 83 percent of global commercial companies stating that their revenue is being affected by inaccurate data. This is primarily because the people, processes and technology around data have not kept pace with growing consumption methods.”
According to the report, “Despite greater collaboration on data quality issues, only 28% of the companies surveyed actually enforce data quality standards at an enterprise level. Typically data quality standards, where they exist at all, are limited in scope and unenforced.”
Experian Data Quality clients benefit from easy-to-use, quick-to-implement data management solutions combined with strong Experian information assets. Experian Data Quality has a deep understanding of the global market and an extensive product suite to fit businesses of any size.
To download a copy of the Gartner Magic Quadrant for Data Quality Tools 2015, visithttps://www.edq.com/analyst-insight/gartner-magic-quadrant-data-quality/contact-form/.
About Experian Data Quality
Experian Data Quality is a global leader in providing data quality software and services to organizations of all sizes. We help our clients to proactively manage the quality of their data through world-class validation, matching, enrichment and profiling capabilities. With flexible software-as-a-service and on-premise deployment models, Experian Data Quality software allows organizations around the world to truly connect with their customers by delivering intelligent interactions, every time.
Established in 1990, with offices throughout the United States, Europe and Asia Pacific, Experian Data Quality has more than 13,500 clients worldwide in retail, finance, education, insurance, government, healthcare and other sectors. For more information, visit https://www.edq.com.