Despite technological advancements, data quality issues persist, hindering enterprises from becoming data-driven and leading to inefficiencies and financial losses.
Poor data quality costs enterprises an average of $15 million annually, impacting digital initiatives, competitive standing, and customer trust.
CIOs are now crucial in strategy planning and project expansion, with 63% reporting directly to the CEO, experiencing increased compensation to reflect their growing significance.
To harness the power of CIOs effectively, mastering data quality fundamentals and emphasizing data governance are vital components for enterprise success.
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