Date post: | 14-Apr-2017 |
Category: |
Data & Analytics |
Upload: | cindy-zhou |
View: | 274 times |
Download: | 1 times |
1 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED.
2 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
3 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
$13.3 Million*Gartner: Average Annual Cost of Poor Data Quality
4 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
Gartner — Annual Cost of Poor Data Quality
Annual Cost to Enterprises
<$500k
$500k to $1m
$1m to $5m
$5m to $25m
$25m to $50m
$50m to $100m
$100m or more
Don't Know
Don’t Know! 39%
Average:$13.3 Million
Up from $8.2m in 2012
5 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
From Industry Stats to Business Reality
Products Shipped
to the Wrong
Addressof BUSINESS INITIATIVES FAIL TO ACHIEVE TARGETED BENEFITS because of poor data quality2
40%
Erroneous / Incomplete Data Preventing Customer
Engagement
53%Companies that have SUFFERED LOSSES, PROBLEMS OR COSTS due to poor data quality1
6 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
Today’s Marketing is Data-Driven
7 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
+ Forrester Study, Insight-Driven Action: CIOs Partnering with CMOs, It takes IT and Business working together to turn data into action.
+ Aggregate the collective intelligence from clicks and behavior into customer insight. How to get there? Have a process to ensure business-ready data.
+ Engagement Marketing — Integrating physical and digital marketing to create tighter customer engagement — Data is key to getting this right.
Customer Insight = Higher Revenue
8 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
What are the Benefits of Business-Ready Data Quality? A 10% increase in usability
of data translates to an increase of $2.01 billion in total revenue
per year2
A 10% increase in accessibility to data translates to an additional
$65.67 million in net income per year3
Risk Reduction: Data migration projects present an opportunity for legal and IT professionals to eliminate redundant, outdated and trivial data, by up to 60% in some cases, decreasing data management costs and reducing legal and regulatory risks4
57%increase in customer satisfaction if a company has high-quality, business-driven data1
9 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
Data & Strategy Assessments
PLANData Strategy
Data Modernization
The Data Journey
Reuse
INTEGRATEMigration, Upgrades, M&A, Consolidation
MONITORData Quality Management
MAT
UR
ITY
Accelerate Access
FASTER ROI THROUGH: Pre-built Content Mobility Across Data
Processes
CLEANSEExcel-based Mass Update and Data Quality Remediation
MANAGEMaster Data Governance
ARCHIVEInformation Lifecycle Management
IT ToolsData
Orches-tration
Effective Data
Process
Methodology
Data Quality Reporting
Closed-loop PDG
Active Data Governance
Optimize
Business ProcessBusiness
Process
Business Process
Business Process
Business Process
DATA QUALITY
10 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
SAP® IS Accelerator by BackOffice
SAP® DS Migration Accelerator by BackOffice
Data Modernization
The Data Journey
PLANData Strategy
INTEGRATEMigration, Upgrades, M&A, Consolidation
MONITORData Quality Management
MAT
UR
ITY
DATA QUALITY
FASTER ROI THROUGH: AcceleratePre-built Content
AccessOn Any Mobile Device
ReuseDesign & Code
Generation
CLEANSEExcel-based Mass Update and Data Quality Remediation
MANAGEMaster Data Governance
ARCHIVEInformation Lifecycle Management
Business ProcessBusiness
Process
Business Process
Business Process
Business Process
DS
IS
MDGILM
11 | ©2015 BACKOFFICE ASSOCIATES, LLC. ALL RIGHTS RESERVED. @cindy_zhou #SAPPHIRENOW
Start Your Business-Ready Data Journey
You Can’t Improve What You Don’t Measure — Quantify and Benchmark Cost of Data Errors
It Takes Business and IT Working Together — Focus on Business Outcomes
Work with a Trusted Partner that Specializes in Data and Leverage Your Technology
+1 508.430.7100
BackOffice Associates
BackOffice.Associates
@BackOfficeAssoc
www.boaweb.com