"Every year, poor communication and siloed data bleed companies of productivity and profit. Research shows U.S. businesses lose up to $1.2 trillion annually to ineffective communication, that's about $12,506 per employee per year. This stems from breakdowns that waste an average of 7.47 hours per employee each week on miscommunications. The damage isn't only interpersonal; it's structural. Disconnected and fragmented data systems mean that employees spend around 12 hours per week just searching for information trapped in those silos."
"The result is decisions made with partial insight and teams constantly reinventing the wheel. It's no surprise, then, that 44% of project failures are attributed to misalignment between business and project objectives. When nearly half of initiatives falter due to teams speaking past each other or working from different definitions, the cost is enormous in rework, delays, and missed opportunities. Sometimes the cost is an employee's physical health, too."
"These statistics show the realistic status of working in teams today: organizations are essentially taxing themselves through inefficiency. In large companies, communication failures and data friction manifest as duplicated efforts, inconsistent metrics, and strategy-execution gaps. The average company uses hundreds of software applications, each with its own data definitions, leading to isolated pockets of information. Executives are recognizing that this is a systemic, $1.2T-scale problem, not just an annoyance."
Poor communication and siloed data cause substantial productivity and financial losses, with U.S. businesses losing up to $1.2 trillion annually and about $12,506 per employee. Miscommunications waste an average of 7.47 hours per employee each week, while fragmented data systems force employees to spend around 12 hours weekly searching for information trapped in silos. Decisions are made with partial insight and 44% of project failures trace to misalignment between business and project objectives, producing rework, delays, missed opportunities, and occasional adverse health effects. Large companies suffer duplicated efforts, inconsistent metrics, and strategy-execution gaps from hundreds of unaligned software applications. Improved cross-functional collaboration boosts productivity and time-to-market; graph technologies offer a new approach to share data and coordinate teams.
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