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Inefficient IT storage 'can lead to poor data quality'
Mar 18 2010, 11:41 AM
Inefficient data storage can create a number of problems for companies, according to one expert.
Daragh O' Brien, former director of publicity and member of the International Association for Information and Data Quality (IAIDQ), said the fragmentation of IT systems can create "poor quality information as it introduces issues of timeliness, integrity of data and the simple challenge of getting a single reliable answer to a question".
He noted that a number of financial institutions are beginning to look at improving their data consistency.
There has been a strong attendance from leading UK and Irish companies involved in this sector at recent IAIDA events, with many keen to learn how they can face emerging challenges, Mr O'Brien added.
Jon Brooks, chief executive officer at Datactics, said there are a number of factors that can impact on data quality, such as differently formatted source information from suppliers and mergers and acquisitions.
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