The catastrophic cost of bad data and where it’s all headed (Part 4 of 5)

“What I want is to make sure that good data isn’t corrupted by bad data from a system that has no right updating that field.” — Rob Zare This is part 4 of my 5-part series about the cost of bad data. Read the previous post here. The need for a smarter sync Every company…

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The catastrophic cost of bad data and where it’s all headed (Part 3 of 5)

 “Automation applied to an inefficient process will magnify the inefficiency.” – Bill Gates   This is part 3 of my 5-part series about the cost of bad data. Read the previous post here. The added threat of system-specific AI System-specific machine learning algorithms are making all the bad things happen faster. AI is increasingly a…

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The reason why only a startup can solve the cross-system sync crisis

When Apple’s iPhone launched in 2007, Microsoft’s CEO Steve Ballmer made a prediction that now seems foolish: That the iPhone would never earn any significant market share. Today, Apple controls one quarter of mobile phone sales globally. How did a computing giant like Microsoft call things so wrong and miss the mobile opportunity? Simply, it…

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The catastrophic cost of bad data and where it’s all headed (Part 2 of 5)

This is part 2 of my 5-part series about the cost of bad data. Read the previous post here. The Economist calls data the oil of the 21st century and considering the quality at most companies, one has to imagine it laden with gunk. Companies spend $260 billion on analytics and yet only 55 percent…

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The catastrophic cost of bad data and where it’s all headed (Part 1 of 5)

If bad data were a plague on business, it might rank somewhere between The Great London Epidemic and The Black Death. Bad data costs companies an estimated 15 percent of their revenue according to Gartner. Only 16 percent of managers trust their data, and system-specific AI is causing companies’ ecosystems to wobble dangerously out of…

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20% of sales operations teams manage multiple CRMs. Why?

As one might expect, 87 percent of companies have a CRM. But this figure masks a strange truth that’s not often discussed: 20 percent of them have more than one, according to Syncari data and sales operations leaders we’ve spoken to. Why would you want more than one CRM? Same reason you’d want more than…

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Costs of Data Quality in the SaaS Marketplace

Sunny Side Up Podcast There’s a huge problem in businesses when it comes to data quality and data management, an average company will have 100,000 records but will spend 4M dollars on data quality issues! And we want to fix these issues,” says Nick Bonfiglio, Founder and CEO at Syncari. Don’t miss out on his…

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Built too frail: Why your data governance initiative wasn’t going to work anyway

If Europe’s new GDPR data regulations started a fire, California’s new act is pouring on the petrol. The legislation grants consumers even more rights effective January 1 of next year, and has companies scrambling to get their data house in order.  If regulations weren’t enough, MIT has found that bad data is more expensive than…

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About The Blog

Syncari believes that companies are loosely integrating systems at the expense of maintaining control and integrity of their data — it’s a problem nearly all enterprises are facing. This blog is dedicated to providing articles, information, and resources on the real business impacts of unchecked data management and solutions for repairing your SaaS data.

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