CFO Magazine: Drowning in Data

"Experts estimate that anywhere from 10 percent to 30 percent of the data flowing through corporate systems is bad—inaccurate, inconsistent, formatted incorrectly, entered in the wrong field, out of a value range, and so on. In its most recent study of corporate data integrity, the Seattle-based Data Warehousing Institute found that nearly half the surveyed companies had suffered "losses, problems, or costs" due to poor data. The estimated cost of the mistakes? More than $600 billion."