British workers spend too much time verifying the accuracy and quality of data they use to make business decisions causing a major loss of productivity

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Released on: 18, October 2006
, Author: Grid-Tools Limited
, Audience: Computers related

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Oxford, UK - Grid-Tools Limited, a leading vendor of test datamanagement and information lifecycle management software announces its solution tothe impact of dirty data on UK business productivity. It is estimated that 61 percent of British workers spend an average of 7 hours a week verifying the accuracyand quality of data they use to make decisions. Grid-Tools software offers asolution to a problem that causes major losses of productivity for UK businesses.

For more information, please visit: www.grid-tools.com or call 0871 309 8293.

Business intelligence relies on good quality dataAchieving the full benefits of business intelligence is dependent upon having goodquality data. Research has consistently shown that  dirty dataÂ' is a problem in manyorganisations. Recent research by Business Objects found that 62 per cent of Britishrespondents admitted that business decisions had been based on flawed data. Inaddition, 61 per cent of British workers spend an average of 7 hours a weekverifying data quality and data accuracy, causing a major loss of productivity.

The growth of  dirty dataÂ'Poor quality data arises for many reasons, including errors and deficiencies in thefollowing: existence, consistency, integrity, validity, timeliness, accuracy,completeness and relevance. The processes that lead to the creation of dirty dataare largely the result of errors made by staff that input data or are dealing withit. Those people that generate the dirty data rarely see the impact of the problems.Often errors arise during the receipt, input, duplication, categorisation,interpretation and translation of data. Inaccurate data can waste time reconcilingdiscrepancies, and can result in poor decisions that upset businesses processes andeven customers.

Organisations must admit that they have a data problemLarge organisations may incur more costs due to poor-quality data than any benefitsthey derive from implementing customer relationship management, enterprise resourceplanning or Business Intelligence applications. Data must also be kept up to date,to ensure data quality if an investment in Business Intelligence is to be realised,but getting them to admit there is a  dirty dataÂ' problem is the hardest challenge. It is difficult to get organisations to admit to having data problems, says HuwPrice, managing director of Grid-Tools, a database management company.  Most peoplereact to problems, rather than systematically implementing a data quality regime. The Grid-Tools suite of products is designed to address these issues and helpsenterprises generate and maintain  clean dataÂ' to enhance productivity.

About Grid-Tools Limited

Grid-ToolsÂ' software enables organisations with databases to achieve legalcompliance, to increase the productivity of its IT staff and to improve theprice/performance of its infrastructure. Grid-ToolsÂ' solutions apply to test datamanagement and information lifecycle management. The core product automates thediscovery and documentation of database structures: add-on modules generate,anonymise or subset test databases, or archive production databases.

Founded in 2004, Grid-Tools Limited is a private company located in Oxford, UnitedKingdom. Its development draws on the considerable expertise of its management anddevelopment team, gained over an eleven year period. The team has a history ofproviding products that match customer requirements and provide the fastest ROI inthe business.

NOTE: All trademarks and registered trademarks are the properties of theirrespective owners.

Grid-Tools Contacts

Contact: Nick Jones (Sales Director)

Grid-Tools Limited14 Hanborough Business ParkLong HanboroughOxfordshire, OX29 8LH

Phone Europe: +44 (0) 871 309 8293Phone USA: 1-866-354-423Web: www.grid-tools.comEmail: info@grid-tools.com

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