Data quality solutions from SAS help you remediate data problems and make better business decisions.
The most effective business practices are based on high-quality data. When you have accurate, up-to-date information driving your processes, you can operate more efficiently – and boost your chances of making the best possible decision. But good data quality isn't easy to achieve, especially when data is constantly streaming into your business from a wide variety of sources.
"It is estimated that up to 40 percent of business initiatives fail due to data quality issues," said Matthew Magne, Global Product Marketing Manager for Data Management at SAS. "SAS Data Quality provides best-in-class capabilities for data profiling, governance, monitoring and process orchestration, not to mention supporting a number of different business roles – from data stewards to business analysts."
The report's authors note that, "The data quality tools market remains vibrant, owing to greater adoption on the demand side and consequently growth in market revenue on the supply side. We continue to see high demand for data quality tools from many verticals and organization sizes, including midsize organizations (which traditionally tended not to buy them). This demand for data quality tools is driven both by organizations continuing to invest in digital business initiatives as well as organizations seeking to cut costs and optimize business operations. Therefore, we see data quality tools being applied in a wide range of scenarios, such as BI and analytics (analytical scenarios), MDM (operational scenarios), information governance programs, ongoing operations, data migrations, and inter-enterprise data sharing."
The data quality tools market continues to show strong revenue growth, driven by cost, process optimization and digital business initiatives. Applying data quality tools to existing and emerging business scenarios will enable data and analytics leaders to deliver greater business value.