Jawsbury Launches Jawsbury Ventures to Focus on Consumer and Industry Challenges Around Data Ownership, Data Privacy, and Master Data Management Solutions.

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Jawsbury expands operations with Jawsbury Ventures, a think-tank approach to solving the hidden cost of bad data.

Leveraging its experience in Enterprise Information Management (EIM) and Analytics in support of growth, productivity, risk and people, Jawsbury launched Jawsbury Ventures. A think-tank, Jawsbury Ventures sets out to address common industry challenges around data and aims at delivering a unified industry solution with data ownership and data privacy for Business-to-Consumer (B2C), and master data management solutions for Business-to-Business (B2B).

Jawsbury’s team of data and analytics experts understands the synergies across organizations attempting to solve their data quality issues. They also recognize the significantly high cost of bad data. That amount reached $3.1 trillion for IBM when estimating yearly cost of poor data quality in the US alone in 2016.

When bad data becomes the new norm, engaging in zero defect initiatives is often a response. But it is only justified when organizations and consumers are suddenly exposed and vulnerable. This is where “Improving data quality represents the far larger data opportunity” (Harvard Business Review) and “through Jawsbury Ventures, we take this challenge a step further. We believe that a unified solution exists that will address common consumer and industry challenges around data ownership, data privacy and master data management,” says Lyle Steere, Founder and Managing Partner at Jawsbury.

The lack of trust in social media around data use and manipulation creates a challenge for consumers raising data ownership and privacy concerns. So does the lack of a unified solution across all industries to efficiently and effectively prospect, service and retain customers. This truly is the cost of bad data, hidden and not measurable.

About Jawsbury
Jawsbury was founded on three guiding principles: to be business-focused, data-centric & action-oriented. Jawsbury is a privately-owned company headquartered in Boston, MA. For more information on the company, or programs, contact us at 617-202-6337, info(at)jawsbury(dot)com, or visit us online at http://www.jawsbury.com.

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Lyle Steere
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Aurelie Cordier-Steere
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since: 02/2018
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