Burton Group: Enterprises Losing Money in Dysfunctional Data Cycles

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Data is clearly an important business asset since it is the raw material used to run an organization and produce information vital for the organization's survival. The management of any asset, such as material or equipment, is absolutely critical for the health of an organization. The same holds true for data because it represents the entire organization

Salt Lake City, UT (Vocus) June 16, 2009

Burton Group , a research and consulting firm focused on in-depth analysis of enterprise technologies, to speak on stopping the dysfunctional data cycle at MIT Information Quality Industry Symposium July 15-17th.

In these economically challenging times, organizations can no longer afford to ignore the financial burden generated by poorly managed data. As data chaos grows, it's obvious the traditional tools-technology approach to data management is just not working. Valuable resources are wasted as they chase data problems in this dysfunctional cycle of chaos. Things will not going get better because of the continued growth of data volumes, which add to the chaotic state of unmanaged data within most organizations.

Enterprises need a formal data management organization (DMO) to bring a dedicated focus on the people and processes responsible for data management. Creating a DMO is the key to changing the approach to data and breaking the dysfunctional cycle of data chaos, thus getting the data right, and managing it as a vital business asset.

Large increases in costs result from the inaccurate data that is used to make decisions that drive the organization. To compound this problem, regulatory and security requirements are increasing as budgets and resources tighten. All this adds to growing pressure on organizations to either get their data right or face inevitable failure.

Burton Group analyst Noreen Kendle said "Data is clearly an important business asset since it is the raw material used to run an organization and produce information vital for the organization's survival. The management of any asset, such as material or equipment, is absolutely critical for the health of an organization. The same holds true for data because it represents the entire organization," in her report The Data Management Organization: Key to Effective Data Management.

To expound on the importance of data quality, Burton Group is providing three analysts specializing in data management to speak at the MIT Information Quality Industry Symposium on how to disrupt the poor data management cycle.

MIT Information Quality Industry Symposium (IQIS) is the premium forum that facilitates the discussion among practitioners and academicians, on how to improve the quality of information transmitted, stored, and processed in organizations. The Symposium aims to help both private and public sectors organizations leverage their information to dramatically improve their productivity and effectively contribute to the socio-economic development of the society at large.

About Burton Group
Burton Group (http://www.burtongroup.com) is an IT research and advisory services firm that helps technologists make smart enterprise architecture decisions. Burton Group provides in-depth, IT research and advisory services to executives and technologists at Global 2000 organizations. Focused on strategic business technologies and the unique needs of enterprise organizations, Burton Group provides clients company-wide access to its world-renowned analysts and a suite of powerful, intuitive research and decision support tools unmatched in the industry.

Contact:
Collin Searle
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801-304-8102

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